Algeria - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlgeria: Market for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs 2024
Market Size for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Algeria
In 2021, the Algerian seafood meals and pellets market decreased by -2% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Seafood meals and pellets consumption peaked at $X in 2020, and then fell in the following year.
Production of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Algeria
In value terms, seafood meals and pellets production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 11% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then reduced modestly in the following year.
Exports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs
Exports from Algeria
In 2021, the amount of flours, meals and pellets of fish or of crustaceans and molluscs exported from Algeria totaled X tons, flattening at the previous year's figure. In general, exports saw a relatively flat trend pattern. The exports peaked in 2021 and are likely to see gradual growth in the near future.
In value terms, seafood meals and pellets exports stood at $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in the near future.
Exports by Country
Poland (X tons) was the main destination for seafood meals and pellets exports from Algeria, with a approx. 100% share of total exports.
From 2021 to 2021, the average annual growth rate of volume to Poland was relatively modest.
From 2021 to 2021, the average annual rate of growth in terms of value to Poland was relatively modest.
Imports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs
Imports into Algeria
In 2021, overseas purchases of flours, meals and pellets of fish or of crustaceans and molluscs increased by 7.7% to X tons, rising for the seventh consecutive year after two years of decline. Overall, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 7.7% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, seafood meals and pellets imports expanded rapidly to $X in 2021. In general, imports, however, saw a perceptible slump. The growth pace was the most rapid in 2017 when imports increased by 8.2% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Spain (X tons) constituted the largest seafood meals and pellets supplier to Algeria, with a 86% share of total imports. Moreover, seafood meals and pellets imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X kg), sixfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled -5.3%.
In value terms, Spain ($X) constituted the largest supplier of flours, meals and pellets of fish or of crustaceans and molluscs to Algeria, comprising 85% of total imports. The second position in the ranking was taken by Belgium ($X), with a 15% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Spain was relatively modest.
Import Prices by Country
The average seafood meals and pellets import price stood at $X per ton in 2021, leveling off at the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2014 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Spain amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.3%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for seafood meals and pellets in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption
Country coverage:
- Algeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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