Domestic Electro-Thermic Appliances Market in Algeria
Market Overview
In 
, the Algerian domestic electro-thermic appliances market decreased by -% to $ for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, showed a strong increase. Over the period under review, the market reached the peak level at $ in , and then fell significantly in the following year.
, the Algerian domestic electro-thermic appliances market decreased by -% to $ for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, showed a strong increase. Over the period under review, the market reached the peak level at $ in , and then fell significantly in the following year.Consumption
In , approx. units of domestic electro-thermic appliances were consumed in Algeria; surging by % against the previous year. Overall, consumption recorded a prominent increase. Domestic electro-thermic appliances consumption peaked at units in ; however, from to , consumption failed to regain momentum.
The size of the domestic electro-thermic appliances market in Algeria rose significantly to $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate prominent growth. Domestic electro-thermic appliances consumption peaked at $ in ; however, from to , consumption remained at a lower figure.
, approx. units of domestic electro-thermic appliances were consumed in Algeria; surging by % against the previous year. Overall, consumption recorded a prominent increase. Domestic electro-thermic appliances consumption peaked at units in ; however, from to , consumption failed to regain momentum.The size of the domestic electro-thermic appliances market in Algeria rose significantly to $
in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate prominent growth. Domestic electro-thermic appliances consumption peaked at $ in ; however, from to , consumption remained at a lower figure.Consumption by Type
Hair curlers and curling tongs ( units), electric ovens, cookers, cooking plates, boiling rings, grillers and roasters ( units) and electric hair dryers ( units) were the main products of domestic electro-thermic appliances consumption in Algeria, together comprising % of the total volume.
From 2007 to, the biggest increases were recorded for hair curlers and curling tongs (with a CAGR of +%), while consumption for the other products experienced more modest paces of growth.
In value terms, electric ovens, cookers, cooking plates, boiling rings, grillers and roasters ($) led the market, alone. The second position in the ranking was taken by hair curlers and curling tongs ($). It was followed by electric water heaters and immersion heaters.
From 2007 to, the average annual growth rate of the value of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters markets totaled +%. With regard to the other consumed products, the following average annual rates of growth were recorded: hair curlers and curling tongs (+% per year) and electric water heaters and immersion heaters (+% per year).
units), electric ovens, cookers, cooking plates, boiling rings, grillers and roasters ( units) and electric hair dryers ( units) were the main products of domestic electro-thermic appliances consumption in Algeria, together comprising % of the total volume.From 2007 to
, the biggest increases were recorded for hair curlers and curling tongs (with a CAGR of +%), while consumption for the other products experienced more modest paces of growth.In value terms, electric ovens, cookers, cooking plates, boiling rings, grillers and roasters ($
) led the market, alone. The second position in the ranking was taken by hair curlers and curling tongs ($). It was followed by electric water heaters and immersion heaters.From 2007 to
, the average annual growth rate of the value of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters markets totaled +%. With regard to the other consumed products, the following average annual rates of growth were recorded: hair curlers and curling tongs (+% per year) and electric water heaters and immersion heaters (+% per year).Market Forecast
Driven by increasing demand for domestic electro-thermic appliances in Algeria, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to units by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Domestic electro-thermic appliances market in Algeria consists almost entirely of imported products.
Trade Balance
Algeria remains a net importer of domestic electro-thermic appliances; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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