The Algerian market for pulley tackle and hoists powered by an electric motor was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption enjoyed significant growth. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.
In 2021, the export volume of electric pulley blocks and cranes in Aljazair will reach X units, which is almost the same as the previous year. Overall, exports have shrunk sharply. In 2012, exports peaked at X units; however, exports remained low from 2013 to 2021.
In terms of value, the export value of 2021 Electric Pulley Blocks and Cranes is X USD. Exports fell sharply during the period under review. In 2012, the export value peaked at $X; however, from 2013 to 2021, the export value decreased slightly.
The Inggris Raya (X units) is the main export destination of Algeria's motor-driven pulley blocks and cranes, accounting for about X% of total exports.
From 2012 to 2021, average annual sales volume growth in the UK is relatively modest.
The average annual growth rate in UK values from 2012 to 2021 is relatively modest.
After two years of decline, overseas purchases of electric motor-driven pulley blocks and cranes increased by X% to X units in 2021. Overall, imports have grown significantly. 2013 saw the fastest growth, with an increase of X% compared to the previous year. During the reporting period, imports reached a record X units in 2016; however, imports decreased slightly from 2017 to 2021.
In terms of value, imports of electric pulley blocks and cranes soared to $X in 2021. Imports continued to grow substantially during the period under review. The growth rate was most pronounced in 2013, with an increase of X% compared to the previous year. In 2018, imports peaked at $X; however, from 2019-2021, imports remain at low levels.
In 2021, China (X units) is the largest pulley block and crane powered by Algerian motor suppliers, accounting for X% of total imports. In addition, the number of pulley blocks and electric hoists imported from China exceeded 9 times that of the second largest supplier South Korea (X Taiwan).
From 2012 to 2021, China's average annual growth rate will total +X%. The average annual growth rates of imports for the remaining suppliers are as follows: South Korea (+X% per annum) and the United Kingdom (+X% per annum).
In terms of value, China (USD X), South Korea (USD X) and the UK (USD X) appear to be the largest Algerian pulley blocks and cranes powered by motor suppliers, together accounting for X% of total imports. In the main supply Among the suppliers, the United Kingdom registered a CAGR of +X%, with the highest growth rate in import value during the reporting period, while other countries recorded slower growth in purchases.
In value terms, the largest pulley tackle and hoists powered by an electric motor suppliers to Algeria were China, South Korea and the UK, together accounting for 46% of total imports.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $193 per unit, remaining constant against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $711 per unit, picking up by 32% against the previous year.
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