Market for Goods Vehicle, With Compression-Ignition Internal Combustion Piston Engine in Algeria
Market Overview
In 
, the Algerian market for goods vehicles, with compression-ignition internal combustion piston engine was finally on the rise to reach $ after two years of decline. In general, consumption, however, continues to indicate a perceptible decrease. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to , consumption remained at a lower figure.
, the Algerian market for goods vehicles, with compression-ignition internal combustion piston engine was finally on the rise to reach $ after two years of decline. In general, consumption, however, continues to indicate a perceptible decrease. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to , consumption remained at a lower figure.Consumption
In , consumption of goods vehicles, with compression-ignition internal combustion piston engine was finally on the rise to reach units after two years of decline. Overall, consumption, however, continues to indicate a abrupt decline. Over the period under review, consumption of reached the maximum volume at units in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
The revenue of the market for goods vehicles, with compression-ignition internal combustion piston engine in Algeria surged to $ in , jumping 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, showed a pronounced setback. Over the period under review, the market reached the maximum level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
, consumption of goods vehicles, with compression-ignition internal combustion piston engine was finally on the rise to reach units after two years of decline. Overall, consumption, however, continues to indicate a abrupt decline. Over the period under review, consumption of reached the maximum volume at units in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.The revenue of the market for goods vehicles, with compression-ignition internal combustion piston engine in Algeria surged to $
in , jumping 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, showed a pronounced setback. Over the period under review, the market reached the maximum level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for goods vehicle, with compression-ignition internal combustion piston engine in Algeria, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
In value terms, the market is forecast to contract 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 depress the market volume to units by the end of .In value terms, the market is forecast to contract 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
Goods vehicle, with compression-ignition internal combustion piston engine market in Algeria consists almost entirely of imported products.
Trade Balance
Algeria remains a net importer of goods vehicle, with compression-ignition internal combustion piston engine; 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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