Truck Market in Algeria
Market Overview
After two years of decline, the Algerian truck market increased by 
% to $ in . In general, consumption, however, continues to indicate a abrupt downturn. Truck consumption peaked at $ in 2012; however, from 2013 to , consumption remained at a lower figure.
% to $ in . In general, consumption, however, continues to indicate a abrupt downturn. Truck consumption peaked at $ in 2012; however, from 2013 to , consumption remained at a lower figure.Consumption
In , consumption of trucks was finally on the rise to reach units after two years of decline. In general, consumption, however, showed a deep downturn. Over the period under review, consumption reached the peak volume at units in 2012; however, from 2013 to , consumption remained at a lower figure.
The size of the truck market in Algeria surged to $ in , picking up 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). Overall, consumption, however, recorded a abrupt decline. Truck consumption peaked at $ in 2012; however, from 2013 to , consumption remained at a lower figure.
, consumption of trucks was finally on the rise to reach units after two years of decline. In general, consumption, however, showed a deep downturn. Over the period under review, consumption reached the peak volume at units in 2012; however, from 2013 to , consumption remained at a lower figure.The size of the truck market in Algeria surged to $
in , picking up 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). Overall, consumption, however, recorded a abrupt decline. Truck consumption peaked at $ in 2012; however, from 2013 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for truck in Algeria, the market is expected to continue its downward consumption trend over the next eight years. 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
Truck market in Algeria consists almost entirely of imported products.
Trade Balance
Algeria remains a net importer of truck; 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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