In 2020, the Algerian crane market grew X% to X dollars, rising for the second year in a row after two years of decline. Overall, however, consumption showed a relatively flat trend pattern. In 2009, the growth rate was the fastest, and the market value increased by X% year-on-year. As a result, spending reached the highest level of X dollars. From 2010 to 2020, the market growth rate remained at a low level.
In 2020 crane production soared to X dollars by value (estimated at export prices). Overall, however, production showed a significant increase. As a result, production has peaked and is likely to continue growing in the near term.
Algeria crane export scale
After two years of growth, overseas shipments of cranes, mobile cranes fell -X% to X units in 2020. Overall, exports contracted sharply. The growth rate was most pronounced in 2018, with a year-on-year increase of X%. Exports peaked at X units in 2010; however, from 2011 to 2020, exports failed to regain momentum.
Crane exports shrank sharply to $X in 2020 in value terms. During the period under review, exports showed a relatively stable trend pattern. The growth rate was most pronounced in 2015, with a year-on-year increase of X%. During the period under review, exports peaked at $X in 2010; however, from 2011 to 2020, exports were slightly lower.
Belgium (X units) was the main destination for Algerian crane exports, accounting for X% of total exports. In addition, the number of cranes exported to Belgium exceeded three times the number exported to Nigeria (X units), the second largest destination. Portugal (X units) ranks third in total exports with a share of X%.
From 2007 to 2020, the average annual growth rate of freight traffic to Belgium totaled +X%. Exports to other major destinations recorded the following average annual export growth rates: Nigeria (+X% per annum) and Portugal (-X% per annum).
In value terms, Belgium ($X) remains the main foreign market for Algerian crane exports, accounting for X% of total exports. In second place is Nigeria ($X) with X% of total exports. It is followed by Spain with an X% share.
From 2007 to 2020, the average annual growth in value to Belgium totaled +X%. Exports to other major destinations recorded the following average annual export growth rates: Nigeria (+X% per annum) and Spain (-X% per annum).
Import scale of cranes in Algeria
In 2020, overseas purchases of cranes and mobile cranes finally increased, reaching X units for the first time since 2016, ending a three-year downward trend. Overall, however, imports fell sharply. The most significant growth rate occurred in 2009, which was an X% increase compared to the previous year. As a result, imports peaked at X units. From 2010 to 2020, import growth remained low.
In value terms, crane imports fell sharply to $X in 2020. During the period under review, however, there was a marked drop in imports. In 2014, the growth rate was the fastest, with an increase of X% year-on-year. As a result, imports peaked at X dollars. Import growth failed to regain momentum between 2015 and 2020.
In 2020, the United Arab Emirates (X units) was the largest crane supplier to Algeria, accounting for X% of total imports. In addition, cranes imported from the United Arab Emirates were five times higher than the number recorded by the second largest supplier, Saudi Arabia (X units).
From 2007 to 2020, the average annual growth rate of sales from the United Arab Emirates reached +X%.
The United Arab Emirates ($X) is the largest crane supplier to Algeria by value, accounting for X% of total imports. In second place is Saudi Arabia ($X) with X% of total imports.
From 2007 to 2020, the average annual value growth rate from the United Arab Emirates reached +X%.
Statistics of various crane suppliers in Algeria
The United Arab Emirates is the largest crane supplier to Algeria by value, accounting for 1.3% of total imports. In second place is Saudi Arabia with 0.1% of total imports.
In value terms, Belgium remains the main foreign market for Algerian crane exports, accounting for 55% of total exports. In second place is Nigeria, which accounts for 15% of total exports. It is followed by Spain with a share of 2%.
The average export price of cranes in 2020 was $4,823 per unit, a 175% jump from the previous year.
The average import price of cranes in 2020 was $15,488 per unit, down -32.7% from the previous year.
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