Metal Office Furniture Market in Algeria
Market Overview
In 
, after three years of decline, there was significant growth in the Algerian metal office furniture market, when its value increased by % to $. Over the period under review, consumption, however, recorded a noticeable downturn. Metal office furniture consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.
, after three years of decline, there was significant growth in the Algerian metal office furniture market, when its value increased by % to $. Over the period under review, consumption, however, recorded a noticeable downturn. Metal office furniture consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.Consumption
In , consumption of metal office furniture was finally on the rise to reach tons for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, consumption reached the maximum volume at tons in 2013; however, from 2014 to , consumption failed to regain momentum.
The value of the metal office furniture market in Algeria expanded rapidly to $ in , rising 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, however, recorded a noticeable shrinkage. Over the period under review, the market reached the peak level at $ in 2013; however, from 2014 to , consumption remained at a lower figure.
, consumption of metal office furniture was finally on the rise to reach tons for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, consumption reached the maximum volume at tons in 2013; however, from 2014 to , consumption failed to regain momentum.The value of the metal office furniture market in Algeria expanded rapidly to $
in , rising 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, however, recorded a noticeable shrinkage. Over the period under review, the market reached the peak level at $ in 2013; however, from 2014 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for metal office furniture 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 tons 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 tons 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
Metal office furniture market in Algeria consists almost entirely of imported products.
Trade Balance
Algeria remains a net importer of metal office furniture; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, 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 tons, 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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