Algeria: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Algeria

The Algerian food manufacture machinery market soared to $X in 2021, picking up by 57% against the previous year. Over the period under review, consumption recorded a strong expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Food Manufacture Machinery Production in Algeria

In value terms, food manufacture machinery production surged to $X in 2021 estimated in export price. Overall, production saw a prominent expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 270%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Food Manufacture Machinery Exports

Exports from Algeria

In 2021, shipments abroad of machinery for the preparation or manufacture of food or drink increased by 155% to X units, rising for the second year in a row after seven years of decline. Over the period under review, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 194%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, food manufacture machinery exports soared to $X in 2021. Overall, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X units) was the main destination for food manufacture machinery exports from Algeria, accounting for a 93% share of total exports. Moreover, food manufacture machinery exports to Italy exceeded the volume sent to the second major destination, France (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled -9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.0% per year) and Angola (+173.9% per year).

In value terms, Italy ($X) emerged as the key foreign market for machinery for the preparation or manufacture of food or drink exports from Algeria, comprising 73% of total exports. The second position in the ranking was held by France ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy amounted to +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+44.8% per year) and Angola (+628.7% per year).

Export Prices by Country

In 2021, the average food manufacture machinery export price amounted to $X per unit, falling by -41.1% against the previous year. Overall, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 123% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to Angola ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+192.7%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Imports

Imports into Algeria

In 2021, approx. X units of machinery for the preparation or manufacture of food or drink were imported into Algeria; with an increase of 89% compared with 2020. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2013 when imports increased by 178% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, food manufacture machinery imports surged to $X in 2021. In general, imports saw resilient growth. The growth pace was the most rapid in 2013 when imports increased by 78%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of food manufacture machinery to Algeria, with a 26% share of total imports. Moreover, food manufacture machinery imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X units), fivefold. The third position in this ranking was held by Germany (X units), with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +45.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+31.3% per year) and Germany (+26.6% per year).

In value terms, Italy ($X) constituted the largest supplier of machinery for the preparation or manufacture of food or drink to Algeria, comprising 21% of total imports. The second position in the ranking was held by Spain ($X), with a 7.4% share of total imports. It was followed by France, with a 7% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+13.6% per year) and France (+2.0% per year).

Import Prices by Country

In 2021, the average food manufacture machinery import price amounted to $X per unit, waning by -36.1% against the previous year. Overall, the import price faced a significant decline. The pace of growth was the most pronounced in 2020 an increase of 33% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, 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 China ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-10.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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