Algeria: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Algeria

The Algerian tomato ketchup market fell to $X in 2022, shrinking by -1.9% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Tomato ketchup consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Tomato Ketchup Production in Algeria

In value terms, tomato ketchup production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. Tomato ketchup production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Tomato Ketchup Exports

Exports from Algeria

In 2022, the amount of tomato ketchup and tomato sauces exported from Algeria surged to X tons, growing by 30% against 2021. Overall, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 3,283% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, tomato ketchup exports soared to $X in 2022. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 3,452% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Senegal (X tons) was the main destination for tomato ketchup exports from Algeria, with a 38% share of total exports. Moreover, tomato ketchup exports to Senegal exceeded the volume sent to the second major destination, Canada (X tons), fourfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Senegal totaled +26.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+3.2% per year) and the United Arab Emirates (+67.8% per year).

In value terms, Senegal ($X) emerged as the key foreign market for tomato ketchup and tomato sauces exports from Algeria, comprising 30% of total exports. The second position in the ranking was taken by Canada ($X), with a 13% share of total exports. It was followed by the United Arab Emirates, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Senegal totaled +24.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+2.1% per year) and the United Arab Emirates (+56.0% per year).

Export Prices by Country

In 2022, the average tomato ketchup export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tomato ketchup export price increased by +10.5% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Mauritania ($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 Mauritania (+8.8%), while the prices for the other major destinations experienced a decline.

Tomato Ketchup Imports

Imports into Algeria

In 2022, purchases abroad of tomato ketchup and tomato sauces was finally on the rise to reach X tons after two years of decline. Overall, imports, however, recorded a dramatic descent. The most prominent rate of growth was recorded in 2019 with an increase of 678% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, tomato ketchup imports skyrocketed to $X in 2022. In general, imports, however, faced a significant decline. The pace of growth was the most pronounced in 2019 when imports increased by 387%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X tons), Belgium (X tons) and the United States (X tons) were the main suppliers of tomato ketchup imports to Algeria, with a combined 56% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +8.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest tomato ketchup suppliers to Algeria were Belgium ($X), the United States ($X) and Poland ($X), with a combined 54% share of total imports.

The United States, with a CAGR of +4.4%, recorded 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 a decline.

Import Prices by Country

The average tomato ketchup import price stood at $X per ton in 2022, surging by 12% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tomato ketchup import price increased by +83.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 64% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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 France ($X per ton), while the price for Malta ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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