Algeria: Frozen Fish Fillet Market 2025

Frozen Fish Fillet Market Size in Algeria

In 2022, the Algerian frozen fish fillet market was finally on the rise to reach $X after four years of decline. Over the period under review, consumption, however, showed a deep reduction. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Frozen Fish Fillet Production in Algeria

In value terms, frozen fish fillet production soared to $X in 2022 estimated in export price. In general, production enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 450,900,500%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Frozen Fish Fillet Exports

Exports from Algeria

For the third year in a row, Algeria recorded decline in shipments abroad of frozen fish fillet, which decreased by -44.6% to X tons in 2022. Overall, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 when exports increased by 1,725% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen fish fillet exports contracted rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 2,029% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for frozen fish fillet exports from Algeria, accounting for a 80% share of total exports. Moreover, frozen fish fillet exports to Japan exceeded the volume sent to the second major destination, South Korea (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan totaled +122.8%.

In value terms, Japan ($X) remains the key foreign market for frozen fish fillet exports from Algeria, comprising 69% of total exports. The second position in the ranking was taken by South Korea ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan totaled +133.4%.

Export Prices by Country

In 2022, the average frozen fish fillet export price amounted to $X per ton, rising by 3.9% against the previous year. Overall, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 19%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained 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 South Korea ($X per ton), while the average price for exports to Japan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.8%).

Frozen Fish Fillet Imports

Imports into Algeria

In 2022, purchases abroad of frozen fish fillet increased by 32% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by 97% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen fish fillet imports soared to $X in 2022. Overall, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of 152%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest supplier of frozen fish fillet to Algeria, with a 35% share of total imports. Moreover, frozen fish fillet imports from Vietnam exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), sevenfold. China (X tons) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Vietnam amounted to -9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-22.9% per year) and China (-17.6% per year).

In value terms, Vietnam ($X) constituted the largest supplier of frozen fish fillet to Algeria, comprising 38% of total imports. The second position in the ranking was taken by China ($X), with a 4.2% share of total imports. It was followed by Indonesia, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value from Vietnam was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-15.5% per year) and Indonesia (-25.3% per year).

Import Prices by Country

The average frozen fish fillet import price stood at $X per ton in 2022, increasing by 21% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average import price increased by 43%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained 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 Vietnam ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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