Algeria: Confectionery Market 2024

Confectionery Market Size in Algeria

The Algerian confectionery market contracted to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Confectionery consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Confectionery Production in Algeria

In value terms, confectionery production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

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Confectionery Exports

Exports from Algeria

Confectionery exports from Algeria fell significantly to X tons in 2022, which is down by X% compared with the previous year's figure. In general, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X tons in 2021, and then declined markedly in the following year.

In value terms, confectionery exports dropped rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for confectionery exports from Algeria, accounting for a X% share of total exports. Moreover, confectionery exports to the United Arab Emirates exceeded the volume sent to the second major destination, Mauritania (X tons), more than tenfold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (X% per year) and France (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for confectionery exports from Algeria, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Mauritania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Mauritania (X% per year).

Export Prices by Country

The average confectionery export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into Algeria

Confectionery imports into Algeria fell rapidly to X tons in 2022, which is down by X% compared with the year before. Overall, imports showed a slight decline. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, confectionery imports declined remarkably to $X in 2022. Over the period under review, imports showed a mild contraction. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell significantly in the following year.

Imports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) were the main suppliers of confectionery imports to Algeria, together comprising X% of total imports. Spain, Turkey, Malaysia, Italy, Tunisia and Morocco lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest confectionery suppliers to Algeria were the Netherlands ($X), France ($X) and Germany ($X), together comprising X% of total imports. Spain, Turkey, Malaysia, Italy, Tunisia and Morocco lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Malaysia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average confectionery import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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