Algeria: Chocolate And Confectionery Market 2024

Chocolate And Confectionery Market Size in Algeria

The Algerian chocolate and confectionery market contracted to $X in 2022, dropping by -6.4% against the previous year. The market value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Chocolate And Confectionery Production in Algeria

In value terms, chocolate and confectionery production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by 25%. Chocolate and confectionery production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Chocolate And Confectionery Exports

Exports from Algeria

Chocolate and confectionery exports from Algeria shrank notably to X tons in 2022, falling by -45.2% against the previous year. Overall, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by 76% against the previous year. The exports peaked at X tons in 2021, and then dropped sharply in the following year.

In value terms, chocolate and confectionery exports dropped dramatically to $X in 2022. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 108% against the previous year. Over the period under review, the exports hit record highs 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 chocolate and confectionery exports from Algeria, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled +192.7%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for chocolate and confectionery exports from Algeria.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +161.8%.

Export Prices by Country

In 2022, the average chocolate and confectionery export price amounted to $X per ton, increasing by 3.4% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chocolate and confectionery export price decreased by -20.9% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 40%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +16.8% per year.

Chocolate And Confectionery Imports

Imports into Algeria

In 2022, imports of chocolate and confectionery into Algeria shrank notably to X tons, which is down by -33% against the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 95%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, chocolate and confectionery imports shrank remarkably to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 87% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped notably in the following year.

Imports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) were the main suppliers of chocolate and confectionery imports to Algeria, with a combined 33% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +10.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) were the largest chocolate and confectionery suppliers to Algeria, together comprising 32% of total imports.

The Netherlands, with a CAGR of +7.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average chocolate and confectionery import price amounted to $X per ton, standing approx. at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 18%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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