Algeria: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in Algeria

The Algerian market for mixed condiments, sauses and seasonings contracted modestly to $X in 2022, waning by -4.6% against the previous year. Over the period under review, consumption recorded a mild downturn. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Mixed Condiments, Sauses and Seasonings in Algeria

In value terms, mixed condiment, sause and seasoning production declined to $X in 2022 estimated in export price. In general, production saw a mild curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 43% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from Algeria

After three years of growth, overseas shipments of mixed condiments, sauses and seasonings decreased by -22.3% to X tons in 2022. Over the period under review, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2019 with an increase of 313% against the previous year. The exports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, mixed condiment, sause and seasoning exports dropped to $X in 2022. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 225%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mauritania (X tons), France (X tons) and Italy (X tons) were the main destinations of mixed condiment, sause and seasoning exports from Algeria, together accounting for 60% of total exports. The UK, Spain, the United States, Germany and Canada lagged somewhat behind, together comprising a further 9.8%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +64.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for mixed condiments, sauses and seasonings exports from Algeria, comprising 31% of total exports. The second position in the ranking was taken by Germany ($X), with an 11% share of total exports. It was followed by the UK, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value to France stood at +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+40.3% per year) and the UK (+45.6% per year).

Export Prices by Country

In 2022, the average export price for mixed condiments, sauses and seasonings amounted to $X per ton, jumping by 22% against the previous year. In general, the export price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 53%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-3.0%), while the prices for the other major destinations experienced a decline.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into Algeria

Mixed condiment, sause and seasoning imports into Algeria shrank to X tons in 2022, with a decrease of -1.6% on the year before. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by 41%. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, mixed condiment, sause and seasoning imports declined slightly to $X in 2022. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 38% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), the Netherlands (X tons) and Egypt (X tons) were the main suppliers of mixed condiment, sause and seasoning imports to Algeria, together comprising 64% of total imports. China, Germany, Saudi Arabia, Austria, France and Spain lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +37.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the United Arab Emirates ($X) appeared to be the largest mixed condiment, sause and seasoning suppliers to Algeria, with a combined 42% share of total imports. Austria, China, France, Egypt, Saudi Arabia and Spain lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, Austria, with a CAGR of +40.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for mixed condiments, sauses and seasonings stood at $X per ton in 2022, approximately mirroring the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 22% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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