Algeria: Market for Candies, Sweets, and Nonchocolate Confectionery 2024

Market Size for Candies, Sweets, and Nonchocolate Confectionery in Algeria

The Algerian market for candies, sweets, and nonchocolate confectionery fell to $X in 2022, waning by -4.7% against the previous year. In general, consumption continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2021 when the market value increased by 7.1% against the previous year. Candy, sweets, and nonchocolate confectionery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Candies, Sweets, and Nonchocolate Confectionery in Algeria

In value terms, candy, sweets, and nonchocolate confectionery production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced decrease. The pace of growth was the most pronounced in 2015 when the production volume increased by 10% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Candies, Sweets, and Nonchocolate Confectionery

Exports from Algeria

In 2022, the amount of candies, sweets, and nonchocolate confectionery exported from Algeria fell remarkably to X tons, with a decrease of -33.3% compared with 2021. In general, exports, however, saw strong growth. The pace of growth was the most pronounced in 2019 when exports increased by 1,268% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped rapidly in the following year.

In value terms, candy, sweets, and nonchocolate confectionery exports declined sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of 1,737%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Mauritania (X tons) was the main destination for candy, sweets, and nonchocolate confectionery exports from Algeria, accounting for a 44% share of total exports. Moreover, candy, sweets, and nonchocolate confectionery exports to Mauritania exceeded the volume sent to the second major destination, Libya (X tons), threefold. The third position in this ranking was held by France (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Mauritania amounted to +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+69.1% per year) and France (+59.7% per year).

In value terms, the largest markets for candy, sweets, and nonchocolate confectionery exported from Algeria were France ($X), Lebanon ($X) and Turkey ($X), together comprising 52% of total exports. Libya, Mauritania, Jordan and Canada lagged somewhat behind, together comprising a further 40%.

Among the main countries of destination, Jordan, with a CAGR of +96.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, picking up by 25% against the previous year. In general, the export price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2018 when the average export price increased by 51% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Mauritania ($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 Jordan (+22.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Candies, Sweets, and Nonchocolate Confectionery

Imports into Algeria

In 2022, after three years of growth, there was significant decline in overseas purchases of candies, sweets, and nonchocolate confectionery, when their volume decreased by -54.5% to X tons. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 121%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, candy, sweets, and nonchocolate confectionery imports plummeted to $X in 2022. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 99% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Mexico (X tons) and Pakistan (X tons) were the main suppliers of candy, sweets, and nonchocolate confectionery imports to Algeria, with a combined 49% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +50.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Spain ($X) and Mexico ($X) appeared to be the largest candy, sweets, and nonchocolate confectionery suppliers to Algeria, together accounting for 45% of total imports. France, Pakistan, Poland, China, Tunisia, Saudi Arabia, Malaysia, Morocco, Brazil and South Korea lagged somewhat behind, together comprising a further 35%.

Among the main suppliers, Pakistan, with a CAGR of +48.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for candies, sweets, and nonchocolate confectionery amounted to $X per ton, picking up by 14% against the previous year. Overall, the import price recorded a pronounced increase. The most prominent rate of growth was recorded in 2019 an increase of 50% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average 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 Spain ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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