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November 20, 2024 | 1 month ago
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ONS analysis of Algeria's trade for Q2 2024
This analysis from the Office for National Statistics (ONS) provides key
insights into Algeria's trade and economic performance:
Trade:
Trends and Challenges
Supply chains: Most traders source from both the
public and private sectors. Over 20% prefer the private sector, citing product
quality and satisfactory packaging.
Challenges identified:
-Long delays in the supply chain.
-Complex administrative procedures
leading to stock-outs.
Treasury: Over 20% of retailers and 25% of
wholesalers report stable finances.
Sectoral economic performance
Agriculture and Fishing: Significant recovery at +9.4%
(compared to 2.8% in 2023).
Manufacturing Industries: Growth of +4.3% (compared
to 1% last year).
Extractive industries: Slower growth of 2.7%
(compared with 8% in 2023).
Electricity & Gas: Strong growth of +8.2%
(compared to 1.7% in 2023).
Construction: Decline of -0.5%.
Services: Mixed growth across sub-sectors
Hotels and restaurants: +9.5% (compared to 34.2% in
2023).
Transport and communication: +4.8% (compared to
3.1%).
Trade and repair: +6.0% (compared to 5.9%).
Health and social work: +2.8% (compared to 2.1%).
Conclusion and outlook
While economic stability remains fragile, the outlook for the next quarter is
optimistic. Key sectors such as agriculture and energy continue to drive
growth.
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