Algeria: Prepared Baking Powder Market 2024

Prepared Baking Powder Market Size in Algeria

The Algerian prepared baking powder market reduced to $X in 2022, which is down by -9.8% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Prepared Baking Powder Production in Algeria

In value terms, prepared baking powder production fell to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by 26% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Prepared Baking Powder Exports

Exports from Algeria

Prepared baking powder exports from Algeria skyrocketed to X tons in 2022, with an increase of 37% against 2021. In general, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 503% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, prepared baking powder exports soared to $X in 2022. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 203% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for prepared baking powder exports from Algeria, accounting for a 82% share of total exports. Moreover, prepared baking powder exports to Canada exceeded the volume sent to the second major destination, France (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to +12.7%.

In value terms, Canada ($X) remains the key foreign market for prepared baking powders exports from Algeria, comprising 87% of total exports. The second position in the ranking was held by France ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada stood at +6.2%.

Export Prices by Country

The average prepared baking powder export price stood at $X per ton in 2022, declining by -9.9% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 35%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to France amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.5%), while the prices for the other major destinations experienced a decline.

Prepared Baking Powder Imports

Imports into Algeria

After five years of growth, supplies from abroad of prepared baking powders decreased by -33.3% to X tons in 2022. Overall, imports, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 205% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared baking powder imports dropped rapidly to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 334% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Poland (X tons) and Egypt (X tons) were the main suppliers of prepared baking powder imports to Algeria, together comprising 80% of total imports. Turkey, Tunisia, Spain and France lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Tunisia (with a CAGR of +32.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Egypt ($X) appeared to be the largest prepared baking powder suppliers to Algeria, with a combined 69% share of total imports. Tunisia, Turkey, Spain and France lagged somewhat behind, together comprising a further 20%.

Tunisia, with a CAGR of +26.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared baking powder import price stood at $X per ton in 2022, falling by -7.7% against the previous year. Overall, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of 42% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 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 France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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