Algeria: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Algeria

After three years of growth, the Algerian grapefruit juice (single strength) market decreased by -2.6% to $X in 2021. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Production of Grapefruit Juice (Single Strength) in Algeria

In value terms, grapefruit juice (single strength) production dropped slightly to $X in 2021 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +12.5% against 2017 indices. The growth pace was the most rapid in 2015 with an increase of 38% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Grapefruit Juice (Single Strength)

Exports from Algeria

In 2017, the amount of grapefruit juice (single strength) exported from Algeria soared to X tons, surging by 142% against 2016 figures. In general, exports, however, continue to indicate a deep downturn. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) exports skyrocketed to $X in 2017. Over the period under review, exports, however, showed a perceptible setback. The exports peaked at $X in 2015; however, from 2016 to 2017, the exports remained at a lower figure.

Exports by Country

Togo (X tons) was the main destination for grapefruit juice (single strength) exports from Algeria, accounting for a approx. 100% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to Togo was relatively modest.

In value terms, Togo ($X) emerged as the key foreign market for grapefruit juice (single strength) exports from Algeria.

From 2012 to 2017, the average annual rate of growth in terms of value to Togo was relatively modest.

Export Prices by Country

In 2017, the average grapefruit juice (single strength) export price amounted to $X per ton, reducing by -38.4% against the previous year. Over the period under review, the export price, however, posted a notable expansion. The pace of growth appeared the most rapid in 2016 an increase of 8% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted remarkably in the following year.

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

From 2012 to 2017, the rate of growth in terms of prices for Tunisia amounted to +52.2% per year.

Imports of Grapefruit Juice (Single Strength)

Imports into Algeria

For the third consecutive year, Algeria recorded decline in purchases abroad of grapefruit juice (single strength), which decreased by -51.2% to X tons in 2021. Over the period under review, imports saw a sharp descent. The most prominent rate of growth was recorded in 2018 with an increase of 16% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) imports declined dramatically to $X in 2021. In general, imports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2018 with an increase of 123%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) was the main supplier of grapefruit juice (single strength) to Algeria, accounting for a 93% share of total imports. Moreover, grapefruit juice (single strength) imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X kg), more than tenfold. Austria (X kg) ranked third in terms of total imports with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled -29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-39.2% per year) and Austria (-48.3% per year).

In value terms, Spain ($X) constituted the largest supplier of grapefruit juice (single strength) to Algeria, comprising 98% of total imports. The second position in the ranking was held by Italy ($X), with a 0.9% share of total imports. It was followed by Austria, with a 0.5% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to -19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-43.2% per year) and Austria (-49.3% per year).

Import Prices by Country

In 2021, the average grapefruit juice (single strength) import price amounted to $X per ton, rising by 48% against the previous year. Over the period under review, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 92%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :