CNIS reports a drop in importation of construction material in Algeria

CNIS reports a drop in importation of construction material in Algeria

The importation of construction material in Algeria seems to have declined after Algerian Customs’ National Centre of Data Processing and Statistics-CNIS announced that the importation of building materials has dropped by a margin of 30% in the last seven months of 2015.

According to the Algerian CNIS the importation bill of construction material in Algeria on the first seven months of 2015 totals to US$ 1.49 billion which is a huge difference compared to 2014 on the same period that was US$ 2.12 billion.

The reduction of importing building materials in Algeria currently stands at 29.87% and the imported materials totals to 6.19 Million tonnes against the 6.65 million tonnes during the same period last year.
The most affected materials include the cement, Iron, Ceramics, steel and wood though their no specific reason to why the reduction was recorded.

The CNIS report released added that the cement industry was the most affected recording a decline by 13.04% in terms of value summing to US$ 352.93 million during the first seven months of 2014 against US$ 306.94 million during the same period in 2015.

The most affected industry was the steel and iron since the import bill amounted to US$786.76 million during the first seven months of 2015 against the US$ 1.19 billion during the same period a year earlier, down by 34.37%.

Algeria in previous years imported and steadily increased except in 2015 when the in recorded a 30% decline in importation of construction materials, its imports amounted to US$ 3.65 billion in 2014, against US$ 3.43 billion in 2013, up by 6.4%.

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