Algeria: Market for Sweet Biscuits, Waffles and Wafers 2024

Market Size for Sweet Biscuits, Waffles and Wafers in Algeria

The Algerian market for sweet biscuits, waffles and wafers skyrocketed to $X in 2021, jumping by 108% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Sweet Biscuits, Waffles and Wafers

Exports from Algeria

In 2021, sweet biscuit, waffle and wafer exports from Algeria surged to X tons, jumping by 218% on 2020 figures. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 451% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, sweet biscuit, waffle and wafer exports soared to $X in 2021. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2016 with an increase of 536%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the near future.

Exports by Country

The Netherlands (X tons), Libya (X tons) and Tunisia (X tons) were the main destinations of sweet biscuit, waffle and wafer exports from Algeria, together accounting for 40% of total exports. These countries were followed by Lebanon, Iraq, Angola, Oman, Canada, Niger, Yemen, Jordan, Morocco and Gambia, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +122.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweet biscuit, waffle and wafer exported from Algeria were the Netherlands ($X), Libya ($X) and Tunisia ($X), with a combined 45% share of total exports. Lebanon, Jordan, Iraq, Oman, Canada, Morocco, Angola, Yemen, Gambia and Niger lagged somewhat behind, together comprising a further 28%.

Among the main countries of destination, Oman, with a CAGR of +127.4%, saw the highest rates of growth with regard to 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 2021, the average export price for sweet biscuits, waffles and wafers amounted to $X per ton, rising by 4.9% against the previous year. Over the period under review, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 24% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Niger ($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 Jordan (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sweet Biscuits, Waffles and Wafers

Imports into Algeria

In 2021, sweet biscuit, waffle and wafer imports into Algeria skyrocketed to X tons, jumping by 124% on the previous year. In general, imports, however, saw a deep reduction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, sweet biscuit, waffle and wafer imports surged to $X in 2021. Overall, imports, however, showed a abrupt contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), Tunisia (X tons) and France (X tons) were the main suppliers of sweet biscuit, waffle and wafer imports to Algeria, with a combined 42% share of total imports. These countries were followed by Oman, Romania, Italy, Spain, North Macedonia, Saudi Arabia, the Netherlands, Germany, India and Indonesia, which together accounted for a further 39%.

From 2012 to 2021, the biggest increases were recorded for North Macedonia (with a CAGR of +44.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), France ($X) and Italy ($X) appeared to be the largest sweet biscuit, waffle and wafer suppliers to Algeria, together comprising 46% of total imports. These countries were followed by Tunisia, Spain, Romania, Oman, North Macedonia, the Netherlands, India, Indonesia, Saudi Arabia and Germany, which together accounted for a further 25%.

North Macedonia, with a CAGR of +54.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for sweet biscuits, waffles and wafers amounted to $X per ton, rising by 6.5% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sweet biscuit, waffle and wafer import price increased by +77.6% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 36% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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