Key Market Indicators
Algerian imports of electrical equipment are projected to reach approximately $5.43 billion by 2028, up from around $4.92 billion in 2023. This marks an average annual growth rate of 1.6%. Since 1997, the country's demand for electrical equipment has seen a steady increase of 2.2% per year. On the export front, Algeria's electrical equipment exports are expected to hit roughly $28 million by 2028, rising from nearly $23 million in 2023. This represents a compound annual growth rate (CAGR) of 3%. Since 1997, the nation's supply of electrical equipment has grown by 4.9% annually.
