Report Update Nov 1, 2024

Algeria - Frozen Cuttlefishes - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Frozen Cuttlefishes Market 2024

Frozen Cuttlefishes Market Size in Algeria

For the third consecutive year, the Algerian frozen cuttlefishes market recorded decline in sales value, which decreased by -68.1% to $X in 2021. In general, consumption saw a dramatic curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Frozen Cuttlefishes Exports

Exports from Algeria

In 2021, the amount of frozen cuttlefishes exported from Algeria declined notably to X kg, shrinking by -19.3% compared with the year before. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of 476% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen cuttlefishes exports reduced dramatically to $X in 2021. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2013 with an increase of 350%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X kg) was the main destination for frozen cuttlefishes exports from Algeria, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled -17.4%.

In value terms, Spain ($X) also remains the key foreign market for frozen cuttlefishes exports from Algeria.

From 2012 to 2021, the average annual growth rate of value to Spain totaled -14.5%.

Export Prices by Country

The average frozen cuttlefishes export price stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price recorded a moderate increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 84% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +3.5% per year.

Frozen Cuttlefishes Imports

Imports into Algeria

In 2021, approx. X tons of frozen cuttlefishes were imported into Algeria; which is down by -66.8% compared with the previous year. In general, imports showed a sharp curtailment. The pace of growth was the most pronounced in 2018 with an increase of 2,350%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen cuttlefishes imports declined significantly to $X in 2021. Over the period under review, imports showed a sharp descent. The most prominent rate of growth was recorded in 2018 when imports increased by 2,878%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of frozen cuttlefishes to Algeria, with a 48% share of total imports. Moreover, frozen cuttlefishes imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -40.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-5.2% per year) and Spain (-37.7% per year).

In value terms, China ($X) constituted the largest supplier of frozen cuttlefishes to Algeria, comprising 59% of total imports. The second position in the ranking was held by Spain ($X), with a 14% share of total imports. It was followed by Uruguay, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from China stood at -36.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-33.2% per year) and Uruguay (-23.4% per year).

Import Prices by Country

In 2021, the average frozen cuttlefishes import price amounted to $X per ton, reducing by -2.2% against the previous year. Over the period under review, the import price, however, continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2019 an increase of 40%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.2%), 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 frozen cuttlefishes in the world?

The countries with the highest volumes of frozen cuttlefishes consumption in 2020 were Peru, Indonesia and India, with a combined 59% share of global consumption. Spain, Democratic People's Republic of Korea, New Zealand and Thailand lagged somewhat behind, together comprising a further 25%.

What are the largest producers of frozen cuttlefishes in the world?

The countries with the highest volumes of frozen cuttlefishes production in 2020 were Peru, Indonesia and India, together comprising 63% of global production.

What are the leading suppliers of frozen cuttlefishes to Algeria?

In value terms, China constituted the largest supplier of frozen cuttlefishes to Algeria, comprising 71% of total imports. The second position in the ranking was occupied by Uruguay, with a 6.2% share of total imports. It was followed by Mauritania, with a 4.9% share.

What are the leading importers of frozen cuttlefishes from Algeria?

In value terms, Spain remains the key foreign market for frozen cuttlefishes exports from Algeria.

What is the average export price for frozen cuttlefishes in Algeria?

The average frozen cuttlefishes export price stood at $2,695 per ton in 2020, remaining constant against the previous year.

What is the average import price for frozen cuttlefishes in Algeria?

The average frozen cuttlefishes import price stood at $3,775 per ton in 2020, surging by 5.9% against the previous year.

This report provides an in-depth analysis of the frozen cuttlefishes 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:

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:

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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
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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