Algeria Autos Report Q4 2013

Date: August 21, 2013
Pages: 55
US$ 1,295.00
Publisher: Business Monitor International
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: A299EE0B038EN

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Includes 3 FREE quarterly updates

H113 sales figures for the Algerian new car sales market continue to support BMI's long-held optimism towards the country. A total of 247,091 cars were sold over H113, representing an increase of 14.65% yearon- year. This puts the country well on track to hit BMI's forecast of 498,318 units for the full year.

There are many reasons to be upbeat on the outlook for the Algerian auto industry. For one, BMI's Country Risk team is forecasting a strengthening of economic growth, from 2.2% in 2012, to 3.3% in 2013 and then 4.6% in 2014. Inflation should also remain under control, with consumer price inflation (CPI) for the capital Algiers coming in at 3.1% in April 2013, having averaged 5.2% over the first four months of the year. BMI forecasts CPI averaging 5.9% in 2013, a steep decline from 8.9% in 2012. This could open the way for monetary policy to remain relatively loose, aiding those Algerians who need financing for car loans.
BMI Industry View
Business Environment
Industry Forecast
  Table: Algeria Autos Sales, 2010-2017
  Table: Algeria Autos Trade, 2010-2017
Passenger Vehicles
  Table: Algeria - Car Sales By Brand H113
  Table: Algeria Car Sales By Brand 2012
Commercial Vehicles
Macroeconomic Forecasts
Economic Analysis
Industry Risk Reward Ratings
Africa - Risk/Reward Ratings
  Table: Autos Risk/Reward Ratings Sub-Saharan Africa
Company Profile
Renault Algérie
Hyundai Motor
Company News Alert
Low Penetration, High Growth
Bigger Not Always Better
Regional Overview
Africa Overview
  Table: Investment Round-Up
Global Industry Overview
Global Industry Overview
Demographic Forecast
Demographic Outlook
  Table: Algeria - Population By Age Group
  Table: Algeria - Key Population Ratios
  Table: Algeria - Rural and Urban Population
Automobile Industry
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