Algeria car wraps
Automotive Market in Algeria
The automotive market in Algeria is a rapidly evolving sector, showing promising signs of growth and development. Let’s take a look at the current state of the automotive market in Algeria, uncovering its key trends, popular brands, and future prospects.
The Algerian automotive market is showing a dramatic rebound from the downturn caused by the COVID-19 pandemic. And it is foreseen to grow at a significant compound annual growth rate (CAGR) between 2023 and 2030.
There are a few key factors shaping the Algerian automotive industry, including increasing adoption of electric vehicles and a growing demand for advanced safety, connectivity, convenience, and driver assist features. These trends are expected to continue forming the industry in the coming years.
Industry Support and Growth
Algeria's automobile industry benefits from several supporting factors such as labor availability, research and development efforts, geographic advantage, and government support. With a positive outlook for the economy and greater household purchasing power, automobile sales in the country are set to witness a strong surge in sales by 2030.
In terms of vehicle production, Algeria reported 2,773 units produced in December 2022, marking a decrease from the previous year. However, vehicle sales for the full year of 2021 were reported at 32,851 units, indicating a 17.8% increase compared to 2020.
Popular Car Brands
The most popular car brands in Algeria include Dacia, Kia, and Chery. Dacia leads the market with 3,267 sales, followed by Kia with 2,446 registrations and Chery with 1,598 units sold. Besides these, Seat, Peugeot, Toyota, and Audi are also popular brands in the country.
Auto Shows in Algeria
One of the most notable auto shows in Algeria is EQUIP AUTO Algeria. This is the largest trade show in the region on aftermarket sales since 2006. It offers a wide and comprehensive range of products and services covering areas of parts for all vehicles, washing of repair, equipment for service stations, computer products and services, accessories, and tuning.
The 2023 edition of EQUIP AUTO Algeria took place from March 13 to March 16, 2023 at the Pins Maritimes venue in Algiers. The event typically attracts over 300 exhibitors and over 9,000 visitors.
In short, the Algerian automotive market marks a dynamic and evolving landscape. With all the supportive factors, it is projected to grow significantly in the coming years. As such, Algeria continues to establish itself as one of the most promising and fastest-growing automobile markets in the region.
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ALGERIA WRAP INSTALLERS
Schletz, AT / SchletzWorx Industries
+43 676 6608620
Traun, AT / FTS Folientechnik
Wien, AT / Ms-Carbox
Guschelbauergasse 8 1210 wien
+43 664 4138552