Fire-Fighting Vehicle Market in Algeria
Market Overview
In 
, the Algerian fire-fighting vehicle market decreased by -% to $ for the first time since 2017, thus ending a four-year rising trend. Overall, consumption, however, showed a mild increase. Fire-fighting vehicle consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.
, the Algerian fire-fighting vehicle market decreased by -% to $ for the first time since 2017, thus ending a four-year rising trend. Overall, consumption, however, showed a mild increase. Fire-fighting vehicle consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.Consumption
In , consumption of fire-fighting vehicles decreased by -% to units for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, continues to indicate a notable expansion. Over the period under review, consumption attained the maximum volume at units in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
The revenue of the fire-fighting vehicle market in Algeria fell sharply to $ in , shrinking 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, continues to indicate a modest expansion. Over the period under review, the market reached the peak level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
, consumption of fire-fighting vehicles decreased by -% to units for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, continues to indicate a notable expansion. Over the period under review, consumption attained the maximum volume at units in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.The revenue of the fire-fighting vehicle market in Algeria fell sharply to $
in , shrinking 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, continues to indicate a modest expansion. Over the period under review, the market reached the peak level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.Market Forecast
The fire-fighting vehicle market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year 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 eight-year 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
Fire-fighting vehicle market in Algeria consists almost entirely of imported products.
Trade Balance
Algeria remains a net importer of fire-fighting vehicle; 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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