Electric Heating Resistor Market in Algeria
Market Overview
The Algerian electric heating resistor market dropped notably to $
in , declining 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, however, posted resilient growth. As a result, consumption attained the peak level of $, and then declined sharply in the following year.
in , declining 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, however, posted resilient growth. As a result, consumption attained the peak level of $, and then declined sharply in the following year.Consumption
In , approx. units of electric heating resistors were consumed in Algeria; which is down by -% against the year before. Over the period under review, consumption, however, enjoyed a resilient expansion. As a result, consumption attained the peak volume of units, and then declined remarkably in the following year.
The size of the electric heating resistor market in Algeria contracted notably to $ in , with a decrease of -% 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). Overall, consumption, however, saw prominent growth. As a result, consumption reached the peak level of $, and then contracted sharply in the following year.
, approx. units of electric heating resistors were consumed in Algeria; which is down by -% against the year before. Over the period under review, consumption, however, enjoyed a resilient expansion. As a result, consumption attained the peak volume of units, and then declined remarkably in the following year.The size of the electric heating resistor market in Algeria contracted notably to $
in , with a decrease of -% 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). Overall, consumption, however, saw prominent growth. As a result, consumption reached the peak level of $, and then contracted sharply in the following year.Market Forecast
Driven by increasing demand for electric heating resistors in Algeria, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, 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
Electric heating resistor market in Algeria consists almost entirely of imported products.
Trade Balance
Algeria remains a net importer of electric heating resistor; 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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