Report Update Nov 1, 2024

Algeria - Sardines (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Preserved Sardines Market 2024

Preserved Sardines Market Size in Algeria

The Algerian preserved sardines market fell to $X in 2022, reducing by -7% against the previous year. Over the period under review, consumption showed a noticeable shrinkage. Preserved sardines consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Preserved Sardines Production in Algeria

In value terms, preserved sardines production reduced to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2014 when the production volume increased by 26% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Preserved Sardines Exports

Exports from Algeria

Preserved sardines exports from Algeria skyrocketed to X tons in 2022, jumping by 21% against the year before. Overall, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2018 when exports increased by 1,222%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, preserved sardines exports surged to $X in 2022. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 702% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for preserved sardines exports from Algeria, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to -6.7%.

In value terms, Canada ($X) also remains the key foreign market for sardines (prepared or preserved) exports from Algeria.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada stood at -8.5%.

Export Prices by Country

In 2022, the average preserved sardines export price amounted to $X per ton, reducing by -2.4% against the previous year. Over the period under review, the export price continues to indicate a slight reduction. The growth pace was the most rapid in 2013 an increase of 507%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -1.9% per year.

Preserved Sardines Imports

Imports into Algeria

After six years of decline, overseas purchases of sardines (prepared or preserved) increased by 21% to X tons in 2022. In general, imports, however, continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2015 with an increase of 633% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, preserved sardines imports expanded sharply to $X in 2022. Overall, imports, however, recorded a sharp setback. The growth pace was the most rapid in 2015 when imports increased by 755%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) was the main preserved sardines supplier to Algeria, with a 95% share of total imports. It was followed by China (X kg), with a 2.3% share of total imports. The third position in this ranking was held by Morocco (X kg), with a 1.7% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand totaled -39.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-27.6% per year) and Morocco (-37.9% per year).

In value terms, Thailand ($X) constituted the largest supplier of sardines (prepared or preserved) to Algeria, comprising 88% of total imports. The second position in the ranking was held by Morocco ($X), with a 5.3% share of total imports. It was followed by China, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value from Thailand stood at -35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (-31.0% per year) and China (-21.6% per year).

Import Prices by Country

In 2022, the average preserved sardines import price amounted to $X per ton, declining by -5.6% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved sardines import price increased by +36.4% against 2016 indices. The growth pace was the most rapid in 2014 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sardines (prepared or preserved) in the world?

China remains the largest preserved sardines consuming country worldwide, comprising approx. 18% of total volume. Moreover, preserved sardines consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 5.7% share.

What are the largest producers of sardines (prepared or preserved) in the world?

The countries with the highest volumes of preserved sardines production in 2021 were China, Morocco and the United States, with a combined 33% share of global production. India, Indonesia, Thailand, Japan, Russia, Pakistan, Brazil, Bangladesh, Vietnam and South Korea lagged somewhat behind, together accounting for a further 32%.

What are the leading suppliers of sardines (prepared or preserved) to Algeria?

In value terms, Morocco constituted the largest supplier of preserved sardines to Algeria, comprising 57% of total imports. The second position in the ranking was occupied by Indonesia, with a 12% share of total imports. It was followed by Thailand, with an 11% share.

What are the leading importers of sardines (prepared or preserved) from Algeria?

In value terms, Canada remains the key foreign market for preserved sardines exports from Algeria.

What is the average export price for sardines (prepared or preserved) in Algeria?

In 2021, the average preserved sardines export price amounted to $1,928 per ton, increasing by 69% against the previous year.

What is the average import price for sardines (prepared or preserved) in Algeria?

In 2021, the average preserved sardines import price amounted to $3,010 per ton, surging by 1.9% against the previous year.

This report provides an in-depth analysis of the preserved sardines market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10202530 - Prepared or preserved sardines, sardinella, brisling and sprats, whole or in pieces (excluding minced products and prepared meals and dishes)

Country coverage:

Algeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Algeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023