Algeria Petrochemicals Report Q1 2015

Business Monitor International
December 3, 2014
68 Pages - SKU: BMI5397749
Countries covered: Algeria

Algeria Petrochemicals Report Q1 2015

BMI View: Algeria focuses on low added-value production, relying on commodity chemicals that are highlyprice-responsive to market fluctuations and easily undermined by capacity elsewhere in the world.

The industry is far from competing on equal terms with European petrochemicals producers with regard toproduct diversification. As such, it will be vulnerable to market fluctuations in the narrow range of productsit produces, although the effects on margins should be cushioned by the local availability of competitivelypriced feedstock.

Key BMI Forecasts

Algeria's petrochemicals market is likely to witness a steady improvement in growth in 2015. This isdriven mainly by domestic demand and public investment activity.

Growth in hydrocarbons and a significant rise in polymer output in the near-to-medium term are notexpected.

Algeria's manufacturing petrochemicals industry is unlikely to grow.



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