Algeria’s aluminium can import demand remains fluctuating during 2018-21

The regional power in North Africa Algeria's economy is influenced by its export trade in petroleum and natural gas, despite fluctuations in world prices, which annually contribute roughly one-third of the country's gross domestic product (GDP). The economy is expected to recover partially in 2021 from the health and economic crises caused by the COVID-19 pandemic. The creeping movement of vaccination suggests that some containment measures could remain in place in the country until 2022.

The North African nation Algeria recorded 20,136 tonnes of aluminium cans importation during 2018-20 and the revenue counted for the import accounted for $118.03 million.

In 2018, Algeria’s import of aluminium cans was registered at 3654 tonnes and the expenditure occurred was $23.54 million, whereas, in 2019, the import illustrated growth by 142.50%, as the import volume surged to 8861 tonnes and the expenditure leapt to $54.78 million.

Algeria’s import of aluminium cans in 2020 reflected de-growth by 13.99%, as the import volume dipped to 7621 tonnes and expenditure also fell to $39.71 million.

 The import for 2021 is evaluated with a further downfall by 26.57%, as the import volume is expected to plunge and remain at 5596 tonnes and the expenditure to stand at $29.51 million.

The major trading nations for Algeria’s import of aluminium cans are Czech Rep., Bulgaria, China, Denmark, Egypt, France, Germany, Greece, India, Morocco, etc.