Algeria: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Algeria

The Algerian buttermilk and buttermilk powder market contracted to $X in 2022, declining by -5.2% against the previous year. In general, consumption recorded a slight shrinkage. Buttermilk and buttermilk powder consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Buttermilk And Buttermilk Powder in Algeria

In value terms, buttermilk and buttermilk powder production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a slight shrinkage. The growth pace was the most rapid in 2016 when the production volume increased by 55% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Buttermilk And Buttermilk Powder

Exports from Algeria

In 2022, shipments abroad of buttermilk and buttermilk powder increased by 86% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 890% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, buttermilk and buttermilk powder exports soared to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 950%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Libya (X tons) was the main destination for buttermilk and buttermilk powder exports from Algeria, accounting for a 98% share of total exports. It was followed by Niger (X kg), with a 2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Libya was relatively modest.

In value terms, Libya ($X) remains the key foreign market for buttermilk and buttermilk powder exports from Algeria, comprising 92% of total exports. The second position in the ranking was held by Niger ($X), with an 8.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Libya stood at +3.1%.

Export Prices by Country

The average buttermilk and buttermilk powder export price stood at $X per ton in 2022, with an increase of 48% against the previous year. Overall, the export price continues to indicate a mild increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 55% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat 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 Niger ($X per ton), while the average price for exports to Libya totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+6.0%).

Imports of Buttermilk And Buttermilk Powder

Imports into Algeria

In 2022, buttermilk and buttermilk powder imports into Algeria surged to X tons, increasing by 149% on the previous year's figure. Over the period under review, imports, however, continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2020 when imports increased by 522%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, buttermilk and buttermilk powder imports soared to $X in 2022. In general, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 414%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

New Zealand (X tons), France (X tons) and Germany (X tons) were the main suppliers of buttermilk and buttermilk powder imports to Algeria, together accounting for 81% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand (with a CAGR of +9.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, France ($X) constituted the largest supplier of buttermilk and buttermilk powder to Algeria, comprising 75% of total imports. The second position in the ranking was held by New Zealand ($X), with a 16% share of total imports. It was followed by Germany, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-5.6% per year) and Germany (-15.3% per year).

Import Prices by Country

In 2022, the average buttermilk and buttermilk powder import price amounted to $X per ton, shrinking by -6.5% against the previous year. Overall, the import price showed a pronounced descent. The pace of growth appeared the most rapid in 2021 an increase of 42% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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