Algeria's Minister of State for Hydrocarbons and Mines, Mohamed Arkab, announced that the country will import 3.5 million tires in the first three months of 2027. The announcement was made on the sidelines of the NAPEC 2026 conference in Oran. This move aims to address the shortage of tires in the market, which has been experiencing supply tensions. The minister expressed satisfaction with the work done by Naftal, the state-owned company tasked with importing tires.
According to Minister Arkab, Algeria has already imported 1 million tires over the past eight months. This is part of a larger effort to meet the country's demand for tires, which is estimated to be around 6.5 million units per year. The imports are being handled by Naftal, which has been mandated by the state to regulate the tire market. The company's efforts have led to a significant decrease in tire prices, from 24,000 Algerian dinars to around 13,000 dinars.
To absorb the large volumes of tires, Naftal has restructured its logistics network. The company has selected 13 foreign suppliers and opened hundreds of additional pickup points for online orders. This has increased Naftal's daily distribution capacity to 6,000 tires. The company has also launched an online ordering platform to eliminate intermediaries who have been taking advantage of the shortage.
The tire market in Algeria has been experiencing significant challenges. The country's demand for tires is high, and local production is not enough to meet this demand. However, one local producer has a theoretical capacity of 3.8 million tires per year, which covers more than half of the country's consumption. The government has been working to stabilize the market and prevent shortages.
The import of tires is just one part of the solution to Algeria's tire shortage. The country's local production plays a significant role in meeting demand. Naftal's efforts to import and distribute tires have helped to regulate the market and reduce prices. The company's work has been praised by Minister Arkab, who highlighted its role in addressing the tire shortage.
The Algerian government has been taking steps to address the tire shortage and stabilize the market. The import of 3.5 million tires in early 2027 is part of a larger effort to meet the country's demand for tires. The government has also mandated Naftal to regulate the tire market and prevent shortages. The company's efforts have been successful in reducing prices and increasing availability.
The tire market in Algeria is expected to continue to grow, driven by increasing demand for vehicles and transportation. The government's efforts to stabilize the market and regulate imports are expected to help meet this demand. With the import of 3.5 million tires in early 2027, Algeria aims to meet its growing demand for tires and prevent future shortages.
Key points
- Algeria plans to import 3.5 million tires in early 2027 to meet growing demand and stabilize the market.
- The country's demand for tires is estimated to be around 6.5 million units per year.
- Local production covers more than half of Algeria's tire consumption.
