Algeria: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in Algeria

The Algerian prepared frozen vegetable market expanded markedly to $X in 2020, increasing by X% against the previous year. Overall, the total consumption indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2009 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Prepared Frozen Vegetable Production in Algeria

In value terms, prepared frozen vegetable production amounted to $X in 2020 estimated in export prices. In general, the total production indicated a resilient expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2020, production remained at a lower figure.

Prepared Frozen Vegetable Exports

Exports from Algeria

In 2020, shipments abroad of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tons, falling for the third year in a row after five years of growth. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, prepared frozen vegetable exports dropped markedly to $X in 2020. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for prepared frozen vegetable exports from Algeria, with a X% share of total exports. It was followed by Spain (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to France totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-X% per year) and Canada (-X% per year).

In value terms, France ($X) remains the key foreign market for prepared frozen vegetable exports from Algeria, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to France amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Spain (-X% per year).

Export Prices by Country

The average prepared frozen vegetable export price stood at $X per ton in 2020, dropping by -X% against the previous year. Overall, the export price showed a noticeable slump. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per ton in 2010; however, from 2011 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced a decline.

Prepared Frozen Vegetable Imports

Imports into Algeria

In 2020, imports of frozen vegetables and mixtures of vegetables (prepared or preserved) into Algeria contracted remarkably to X tons, which is down by -X% against the previous year. Over the period under review, imports showed a sharp shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2009; however, from 2010 to 2020, imports remained at a lower figure.

In value terms, prepared frozen vegetable imports rose remarkably to $X in 2020. In general, imports saw a sharp decline. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Egypt (X tons), Morocco (X tons) and Spain (X kg) were the main suppliers of prepared frozen vegetable imports to Algeria, with a combined X% share of total imports. These countries were followed by Belgium, France, China and Japan, which together accounted for a further X 2007 to 2020, the biggest increases were in Japan, while purchases for the other leaders experienced a decline.

In value terms, the largest prepared frozen vegetable suppliers to Algeria were Egypt ($X), Morocco ($X) and France ($X), together comprising X% of total imports. These countries were followed by Spain, China, Japan and Belgium, which together accounted for a further X terms of the main suppliers, Japan saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average prepared frozen vegetable import price amounted to $X per ton, surging by X% against the previous year. In general, the import price saw prominent growth. The pace of growth appeared the most rapid in 2019 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :