Report Update Nov 1, 2024

Algeria - Fresh or Chilled Fish Fillets - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Fresh Fish Fillet Market 2024

Fresh Fish Fillet Market Size in Algeria

The Algerian fresh fish fillet market reduced remarkably to $X in 2021, which is down by -24.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a dramatic downturn. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Fresh Fish Fillet Exports

Exports from Algeria

In 2019, the amount of fresh or chilled fish fillets exported from Algeria shrank rapidly to X kg, waning by -93.6% on the year before. Over the period under review, exports continue to indicate a precipitous curtailment. The exports peaked at X tons in 2013; however, from 2014 to 2019, the exports failed to regain momentum.

In value terms, fresh fish fillet exports fell notably to $X in 2019. Overall, exports faced a dramatic decrease. The exports peaked at $X in 2013; however, from 2014 to 2019, the exports failed to regain momentum.

Exports by Country

Niger (X kg) was the main destination for fresh fish fillet exports from Algeria, with a approx. 100% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Niger was relatively modest.

In value terms, Niger ($X) emerged as the key foreign market for fresh or chilled fish fillets exports from Algeria.

From 2013 to 2019, the average annual growth rate of value to Niger was relatively modest.

Export Prices by Country

The average fresh fish fillet export price stood at $X per ton in 2019, surging by 173% against the previous year. In general, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2019, the rate of growth in terms of prices for Costa Rica amounted to 0.0% per year.

Fresh Fish Fillet Imports

Imports into Algeria

In 2021, overseas purchases of fresh or chilled fish fillets decreased by -27.7% to X tons, falling for the fifth consecutive year after five years of growth. Over the period under review, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2014 when imports increased by 43%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, fresh fish fillet imports reduced notably to $X in 2021. In general, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by 38% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest supplier of fresh fish fillet to Algeria, with a 70% share of total imports. Moreover, fresh fish fillet imports from Vietnam exceeded the figures recorded by the second-largest supplier, India (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from Vietnam totaled -21.6%.

In value terms, Vietnam ($X) constituted the largest supplier of fresh or chilled fish fillets to Algeria, comprising 69% of total imports. The second position in the ranking was taken by India ($X), with a 30% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Vietnam amounted to -20.4%.

Import Prices by Country

The average fresh fish fillet import price stood at $X per ton in 2021, rising by 7.3% against the previous year. In general, import price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fresh fish fillet import price decreased by -24.8% against 2019 indices. The growth pace was the most rapid in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Vietnam totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uruguay (+95.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled fish fillets in the world?

The country with the largest volume of fresh fish fillet consumption was China, accounting for 18% of total volume. Moreover, fresh fish fillet consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.1% share.

What are the largest producers of fresh or chilled fish fillets in the world?

The country with the largest volume of fresh fish fillet production was China, accounting for 18% of total volume. Moreover, fresh fish fillet production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Chile, with a 5.8% share.

What are the leading suppliers of fresh or chilled fish fillets to Algeria?

In value terms, Spain, India and Vietnam were the largest fresh fish fillet suppliers to Algeria, with a combined 92% share of total imports. Portugal lagged somewhat behind, accounting for a further 5.9%.

What is the average export price for fresh or chilled fish fillets in Algeria?

The average fresh fish fillet export price stood at $5,179 per ton in 2018, therefore, remained relatively stable against the previous year.

What is the average import price for fresh or chilled fish fillets in Algeria?

The average fresh fish fillet import price stood at $3,059 per ton in 2020, reducing by -26.9% against the previous year.

This report provides an in-depth analysis of the fresh fish fillet market 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 10201100 - Fresh or chilled fish fillets and other fish meat without bones

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023