Algeria: Soft Drink Market 2024

Soft Drink Market Size in Algeria

The Algerian soft drink market rose slightly to $X in 2021, increasing by 2.6% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Soft Drink Production in Algeria

In value terms, soft drink production rose slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 19% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Soft Drink Exports

Exports from Algeria

After three years of decline, overseas shipments of soft drinks increased by 85% to X litres in 2021. In general, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2017 when exports increased by 149%. As a result, the exports attained the peak of X litres. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, soft drink exports soared to $X in 2021. Over the period under review, exports showed a measured increase. The pace of growth appeared the most rapid in 2017 with an increase of 94% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X litres) was the main destination for soft drink exports from Algeria, with a 68% share of total exports. Moreover, soft drink exports to France exceeded the volume sent to the second major destination, Gambia (X litres), threefold. The third position in this ranking was held by Canada (X litres), with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gambia (+9.3% per year) and Canada (+12.1% per year).

In value terms, France ($X) remains the key foreign market for soft drink exports from Algeria, comprising 67% of total exports. The second position in the ranking was held by Gambia ($X), with a 21% share of total exports. It was followed by Canada, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled +17.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gambia (+13.0% per year) and Canada (+8.2% per year).

Export Prices by Country

The average soft drink export price stood at $X per litre in 2021, leveling off at the previous year. In general, the export price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 32%. The export price peaked at $X per litre in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per litre), while the average price for exports to Canada ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Soft Drink Imports

Imports into Algeria

In 2021, approx. X litres of soft drinks were imported into Algeria; which is down by -56.8% compared with the year before. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 58% against the previous year. Over the period under review, imports attained the peak figure at X litres in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, soft drink imports declined dramatically to $X in 2021. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 48%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X litres) constituted the largest supplier of soft drink to Algeria, with a 87% share of total imports. Moreover, soft drink imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, France (X litres), more than tenfold. Spain (X litres) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-13.0% per year) and Spain (-17.1% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of soft drink to Algeria, comprising 73% of total imports. The second position in the ranking was taken by France ($X), with a 16% share of total imports. It was followed by Spain, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates amounted to +33.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-5.4% per year) and Spain (-14.0% per year).

Import Prices by Country

In 2021, the average soft drink import price amounted to $X per litre, increasing by 28% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +9.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, soft drink import price increased by +98.0% against 2016 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 43% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was France ($X per litre), while the price for Turkey ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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