Market for Metal Frame Non-Upholstered Seat in Algeria
Market Overview
The Algerian metal frame non-upholstered seat market rose to $
in , increasing 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 showed prominent growth. Over the period under review, the market attained the maximum level at $ in 2019; however, from to , consumption remained at a lower figure.
in , increasing 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 showed prominent growth. Over the period under review, the market attained the maximum level at $ in 2019; however, from to , consumption remained at a lower figure.Consumption
In , the amount of non-upholstered seats with metal frames consumed in Algeria rose modestly to units, picking up by % against . Over the period under review, consumption saw a resilient increase. Over the period under review, consumption attained the maximum volume in and is expected to retain growth in the immediate term.
The size of the metal frame non-upholstered seat market in Algeria rose to $ in , surging 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). In general, consumption recorded buoyant growth. Metal frame non-upholstered seat consumption peaked in and is likely to continue growth in the near future.
, the amount of non-upholstered seats with metal frames consumed in Algeria rose modestly to units, picking up by % against . Over the period under review, consumption saw a resilient increase. Over the period under review, consumption attained the maximum volume in and is expected to retain growth in the immediate term.The size of the metal frame non-upholstered seat market in Algeria rose to $
in , surging 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). In general, consumption recorded buoyant growth. Metal frame non-upholstered seat consumption peaked in and is likely to continue growth in the near future.Market Forecast
Driven by increasing demand for non-upholstered seats with metal frames in Algeria, the market is expected to continue an upward consumption trend over the next eight-year period. 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
Metal frame non-upholstered seat market in Algeria consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, Algeria relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.
Trade Balance
Algeria remains a net importer of metal frame non-upholstered seat; 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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