Algeria: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Algeria

The Algerian sweet biscuit market was finally on the rise to reach $X in 2021, after six years of decline. In general, consumption, however, showed a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Sweet Biscuit Exports

Exports from Algeria

In 2021, approx. X tons of sweet biscuits were exported from Algeria; growing by 131% on 2020. Overall, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 471%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, sweet biscuit exports soared to $X in 2021. In general, exports showed significant growth. The pace of growth was the most pronounced in 2016 with an increase of 579%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Libya (X tons), Tunisia (X tons) and Lebanon (X tons) were the main destinations of sweet biscuit exports from Algeria, with a combined 45% share of total exports. Iraq, Angola, Oman, Jordan, Morocco, Canada, Gambia, Suriname, Madagascar and Cote d'Ivoire lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +123.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweet biscuit exported from Algeria were Libya ($X), Tunisia ($X) and Lebanon ($X), together accounting for 49% of total exports. Jordan, Iraq, Oman, Morocco, Canada, Angola, Suriname, Gambia, Madagascar and Cote d'Ivoire lagged somewhat behind, together comprising a further 42%.

Among the main countries of destination, Oman, with a CAGR of +132.6%, 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 sweet biscuit export price amounted to $X per ton, reducing by -3.6% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The pace of growth appeared the most rapid in 2019 an increase of 21%. The export price peaked at $X per ton in 2020, and then declined modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Jordan ($X per ton), while the average price for exports to Cote d'Ivoire ($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 (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Biscuit Imports

Imports into Algeria

In 2021, supplies from abroad of sweet biscuits was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, showed a abrupt slump. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sweet biscuit imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a deep contraction. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Tunisia (X tons), France (X tons) and Turkey (X tons) were the main suppliers of sweet biscuit imports to Algeria, together accounting for 32% of total imports. These countries were followed by Oman, Romania, Spain, North Macedonia, Saudi Arabia, the Netherlands, Germany, India, Indonesia and Lebanon, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +44.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Turkey ($X) and Tunisia ($X) appeared to be the largest sweet biscuit suppliers to Algeria, together accounting for 36% of total imports. Spain, Romania, Oman, North Macedonia, the Netherlands, India, Saudi Arabia, Indonesia, Germany and Lebanon lagged somewhat behind, together comprising a further 20%.

North Macedonia, with a CAGR of +47.7%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 sweet biscuit import price amounted to $X per ton, increasing by 5.8% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sweet biscuit import price increased by +64.3% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 37%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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