Report Update Jan 1, 2025

Algeria - Soya Sauce - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Soya Sauce Market 2025

Soya Sauce Market Size in Algeria

The Algerian soya sauce market rose modestly to $X in 2022, picking up by 3.6% against the previous year. Overall, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.7% 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 -3.4% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Soya Sauce Production in Algeria

In value terms, soya sauce production expanded modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% 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 -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 27%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Soya Sauce Exports

Exports from Algeria

Soya sauce exports from Algeria amounted to X tons in 2022, therefore, remained relatively stable against the previous year's figure. In general, exports enjoyed significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the peak figure at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, soya sauce exports totaled $X in 2022. Over the period under review, exports recorded significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X kg) was the main destination for soya sauce exports from Algeria, accounting for a approx. 50% share of total exports.

From 2016 to 2022, the average annual growth rate of volume to France was relatively modest.

From 2016 to 2022, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

In 2022, the average soya sauce export price amounted to $X per ton, approximately equating the previous year. In general, the export price posted a modest increase. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2016 to 2022, the rate of growth in terms of prices for France amounted to 0.0% per year.

Soya Sauce Imports

Imports into Algeria

In 2022, overseas purchases of soya sauce were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of 99% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, soya sauce imports reached $X in 2022. In general, imports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2019 when imports increased by 212%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest soya sauce supplier to Algeria, accounting for a 61% share of total imports. Moreover, soya sauce imports from China exceeded the figures recorded by the second-largest supplier, Lebanon (X tons), threefold. The third position in this ranking was held by France (X tons), with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+29.3% per year) and France (+22.2% per year).

In value terms, the largest soya sauce suppliers to Algeria were Thailand ($X), China ($X) and France ($X), together comprising 65% of total imports.

In terms of the main suppliers, France, with a CAGR of +7.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average soya sauce import price amounted to $X per ton, waning by -3.4% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 57% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soya sauce in the world?

China constituted the country with the largest volume of soya sauce consumption, accounting for 14% of total volume. Moreover, soya sauce 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 soya sauce in the world?

China remains the largest soya sauce producing country worldwide, accounting for 22% of total volume. Moreover, soya sauce production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. India ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of soya sauce to Algeria?

In value terms, China constituted the largest supplier of soya sauce to Algeria, comprising 69% of total imports. The second position in the ranking was occupied by Thailand, with a 9.3% share of total imports. It was followed by France, with an 8.1% share.

What is the average export price for soya sauce in Algeria?

In 2020, the average soya sauce export price amounted to $554 per ton, remaining relatively unchanged against the previous year.

What is the average import price for soya sauce in Algeria?

The average soya sauce import price stood at $826 per ton in 2021, picking up by 5% against the previous year.

This report provides an in-depth analysis of the soya sauce 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 10841210 - Soya sauce

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024