Algeria: Canned Food Market 2024

Canned Food Market Size in Algeria

The Algerian canned food market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Canned Food Production in Algeria

In value terms, canned food production rose remarkably to $X in 2021 estimated in export price. Over the period under review, the total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -19.4% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 30% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Canned Food Exports

Exports from Algeria

In 2021, approx. X tons of canned food were exported from Algeria; rising by 97% compared with the year before. Overall, exports showed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, canned food exports surged to $X in 2021. Over the period under review, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X tons), France (X tons) and Tunisia (X tons) were the main destinations of canned food exports from Algeria, with a combined 87% share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +19.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for canned food exported from Algeria were France ($X), Tunisia ($X) and Hong Kong SAR ($X), with a combined 80% share of total exports.

Tunisia, with a CAGR of +27.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average canned food export price stood at $X per ton in 2021, picking up by 11% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2016 an increase of 15% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Food Imports

Imports into Algeria

Canned food imports into Algeria shrank modestly to X tons in 2021, waning by -3.4% against 2020. Over the period under review, imports showed a pronounced downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 19% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, canned food imports dropped significantly to $X in 2021. In general, imports showed a noticeable curtailment. The pace of growth was the most pronounced in 2014 with an increase of 21%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of canned food to Algeria, accounting for a 28% share of total imports. Moreover, canned food imports from France exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-2.2% per year) and Spain (-9.8% per year).

In value terms, France ($X) constituted the largest supplier of canned food to Algeria, comprising 55% of total imports. The second position in the ranking was held by Spain ($X), with a 6.1% share of total imports. It was followed by Denmark, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-8.4% per year) and Denmark (+15.9% per year).

Import Prices by Country

The average canned food import price stood at $X per ton in 2021, declining by -15.2% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 11%. The import price peaked at $X per ton in 2020, and then fell notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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