Key Market Indicators
Algerian Diagnostic Reagent Exports Decline by 16% Algeria's export of diagnostic reagents saw a notable decline in 2023, falling by 16% to approximately $2,060. This represents a decrease from the $2,460 recorded in 2022. The trend of declining exports has been consistent since 2000, with an average annual decrease of 13%. Import Growth Set to Continue In contrast, Algeria's import of diagnostic reagents is projected to grow steadily. Imports are expected to reach around $207 million by 2028, up from $185 million in 2023. This marks an annual growth rate of 1.8% on average. Since 1997, the demand for diagnostic reagents in Algeria has increased by about 2.9% each year.
