Algeria: Cocoa Butter Market 2025

Cocoa Butter Market Size in Algeria

The Algerian cocoa butter market was estimated at $X in 2022, growing by 4.2% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Cocoa Butter Production in Algeria

In value terms, cocoa butter production rose sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 25% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Cocoa Butter Exports

Exports from Algeria

In 2022, after six years of growth, there was significant decline in shipments abroad of cocoa butter, when their volume decreased by -5.9% to X tons. In general, exports, however, saw buoyant growth. The growth pace was the most rapid in 2013 with an increase of 88% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, cocoa butter exports stood at $X in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 124% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of cocoa butter exports from Algeria, with a combined 47% share of total exports. Ukraine, Spain and France lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +31.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cocoa butter exported from Algeria were the UK ($X), the Netherlands ($X) and Germany ($X), with a combined 50% share of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +40.2%, recorded the highest rates of growth with regard to 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

In 2022, the average cocoa butter export price amounted to $X per ton, jumping by 16% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cocoa butter export price decreased by -13.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 43% against the previous year. 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 stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Ukraine ($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 Bulgaria (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Butter Imports

Imports into Algeria

In 2022, the amount of cocoa butter imported into Algeria reduced dramatically to X tons, declining by -27.2% on the year before. Overall, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 232% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank markedly in the following year.

In value terms, cocoa butter imports plummeted to $X in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2015 with an increase of 148% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

The Netherlands (X tons), Malaysia (X tons) and Spain (X tons) were the main suppliers of cocoa butter imports to Algeria, together comprising 25% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +18.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa butter suppliers to Algeria were Malaysia ($X), the Netherlands ($X) and Spain ($X), with a combined 26% share of total imports.

The Netherlands, with a CAGR of +19.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cocoa butter import price stood at $X per ton in 2022, surging by 7.4% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cocoa butter import price decreased by -13.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs 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 Turkey ($X per ton), while the price for Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :