Algeria: Cheese And Curd Market 2024

Cheese And Curd Market Size in Algeria

The Algerian cheese and curd market soared to $X in 2022, growing by 43% against the previous year. Over the period under review, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -23.2% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cheese And Curd Production in Algeria

In value terms, cheese and curd production stood at $X in 2022 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -9.4% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 94%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Cheese And Curd Exports

Exports from Algeria

In 2022, after two years of decline, there was significant growth in shipments abroad of cheese and curd, when their volume increased by 334% to X tons. Over the period under review, exports recorded a prominent increase. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cheese and curd exports soared to $X in 2022. In general, exports recorded a resilient increase. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Niger (X tons) was the main destination for cheese and curd exports from Algeria, accounting for a 67% share of total exports. Moreover, cheese and curd exports to Niger exceeded the volume sent to the second major destination, Tunisia (X tons), fivefold. The third position in this ranking was taken by France (X tons), with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume to Niger totaled +31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+25.9% per year) and France (+44.9% per year).

In value terms, Niger ($X), France ($X) and Tunisia ($X) appeared to be the largest markets for cheese and curd exported from Algeria worldwide, with a combined 89% share of total exports.

Among the main countries of destination, France, with a CAGR of +46.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cheese and curd export price stood at $X per ton in 2022, increasing by 12% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cheese and curd export price decreased by -32.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 82% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Niger ($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 the Netherlands (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into Algeria

In 2022, approx. X tons of cheese and curd were imported into Algeria; growing by 50% against 2021. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 78%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, cheese and curd imports skyrocketed to $X in 2022. In general, imports continue to indicate a perceptible expansion. The pace of growth was the most pronounced in 2019 with an increase of 60%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Ireland (X tons) constituted the largest supplier of cheese and curd to Algeria, accounting for a 52% share of total imports. Moreover, cheese and curd imports from Ireland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Australia (X tons), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ireland stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+0.4% per year) and Australia (+11.6% per year).

In value terms, Ireland ($X) constituted the largest supplier of cheese and curd to Algeria, comprising 48% of total imports. The second position in the ranking was taken by Australia ($X), with a 20% share of total imports. It was followed by the Netherlands, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ireland stood at +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+23.4% per year) and the Netherlands (-2.0% per year).

Import Prices by Country

In 2022, the average cheese and curd import price amounted to $X per ton, declining by -2.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :