The Algerian Transport and Overhead Cranes Market has declined significantly to USD X in 2021, down -X% compared to the previous year. This figure reflects the total revenue of producers and importers (excluding logistics costs, retail marketing costs and retailers’ profits, which will be included in the final consumer price). Overall, however, consumption recorded strong growth. As a result, consumption peaked at X dollars, then dropped significantly the following year.
Algeria’s Overhead Crane and Gantry Crane Export Size
In 2021, the number of transport cranes, gantry cranes and bridge cranes exported from Algeria will rapidly expand to X units, an increase of X% year-on-year. Overall, exports have grown significantly. 2018 appears to have seen the fastest growth, with an X% increase over the previous year. During the period under review, the export volume in 2019 reached a record high of X units; however, from 2020 to 2021, the export volume was at a lower level.
In value terms, transport and overhead crane exports contracted slightly to $X in 2021. Overall, exports have grown significantly. The fastest growth rate in 2019, with a year-on-year increase of X%. Exports peak at $X in 2020, then decrease the following year.
Italy (X units) is the main destination for Algeria’s exports of transport and overhead cranes, accounting for about X% of total exports.
From 2012 to 2021, the average annual growth rate of cargo traffic to Italy is +X%.
In terms of value, Italy (USD X) remains the main foreign market for Algerian transport and overhead crane exports.
From 2012 to 2021, the average annual growth rate of the value to Italy is +X%.
Algeria’s Overhead Crane and Gantry Crane Import Scale
In 2021, Algeria imports of transport cranes, gantry cranes and overhead cranes dropped significantly to X units, a decrease of -X% compared to the previous year. During the period under review, however, there was a significant increase in imports. In 2014, the growth rate was the fastest, with an increase of X% year-on-year. During the period under review, imports hit an all-time high for X units in 2020, before falling significantly the following year.
In 2021, the import of transport and overhead cranes was significantly reduced to X dollars in value terms. But overall, imports have grown resiliently. The most significant growth rate was recorded in 2020, with a year-on-year increase of X%. As a result, 10 ton gantry crane imports peak at X dollars and then decrease significantly the following year.
China (X units), Tunisia (X units) and Spain (X units) were the main suppliers of transport and overhead cranes to Algeria, accounting for X% of total imports.
From 2012 to 2021, among major suppliers, China recorded the most significant growth in purchases (+X%), while other leaders saw more modest growth in imports.
China (USD X) is the largest supplier of transport and overhead cranes to Algeria by value, accounting for X% of total imports. In second place is Turkey ($X) with X% of total imports. It is followed by Tunisia with an X% share.
From 2012 to 2021, the average annual growth rate of value from China is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Turkey (+X% per annum) and Tunisia (+X% per annum).
Statistics of various crane suppliers in Algeria
China is Algeria’s largest supplier of transport and overhead cranes by value, accounting for 86% of total imports. In second place was Turkey, which accounted for 2.6% of total imports. It is followed by Tunisia with a share of 1.8%.
In terms of value, Italy remains the main foreign market for Algeria’s transport and overhead crane exports.
In 2021, the average export price of transport and overhead cranes will be $3,793 per unit, down -8.5% from the previous year.
The average import price for transport and overhead cranes in 2021 is $10,560 per unit, a 22% increase from the previous year.
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