Algeria: Processed Meat Market 2024

Processed Meat Market Size in Algeria

The Algerian processed meat market fell to $X in 2022, approximately equating the previous year. In general, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Processed Meat Production in Algeria

In value terms, processed meat production contracted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Processed Meat Exports

Exports from Algeria

In 2022, exports of processed meat from Algeria reduced notably to X tons, waning by X% on 2021. Over the period under review, exports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank dramatically in the following year.

In value terms, processed meat exports fell dramatically to $X in 2022. Overall, exports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

Hong Kong SAR (X tons) was the main destination for processed meat exports from Algeria, accounting for a X% share of total exports. Moreover, processed meat exports to Hong Kong SAR exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold. The third position in this ranking was held by Niger (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Niger (X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for processed meat exports from Algeria, comprising X% of total exports. The second position in the ranking was taken by Niger ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average processed meat export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, processed meat export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (X%), while the prices for the other major destinations experienced mixed trend patterns.

Processed Meat Imports

Imports into Algeria

In 2022, imports of processed meat into Algeria skyrocketed to X tons, increasing by X% compared with the year before. In general, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, processed meat imports surged to $X in 2022. Overall, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Denmark (X tons) was the main supplier of processed meat to Algeria, accounting for a X% share of total imports. It was followed by Lebanon (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (X% per year) and Brazil (X% per year).

In value terms, Denmark ($X) constituted the largest supplier of processed meat to Algeria, comprising X% of total imports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (X% per year) and Brazil (X% per year).

Import Prices by Country

The average processed meat import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lebanon ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform