Imports of Toys, Games, and Sports Requisites to Algeria have shown a steady upward trend from 2013 to 2023. In 2023, the import value stood at 100.81 million US Dollars, representing a 3.82% year-on-year increase from 2022. The Compound Annual Growth Rate (CAGR) over the last five years has been around 4.35%, reflecting modest but steady growth.
Future trends indicate a continued increase, albeit at a slower pace. The forecasted CAGR for the next five years is 2.76%, predicting the import value to reach around 120.21 million US Dollars by 2028, marking a 14.6% growth rate over this period.
Future trends to watch for:
- Potential impacts of economic policies and trade regulations on import levels.
- Changes in consumer preferences and purchasing power.
- Innovations within the toy, gaming, and sports requisites sectors that may influence market demand.