Algeria: Tomato Puree Market 2024

Tomato Puree Market Size in Algeria

The Algerian tomato puree market contracted to $X in 2022, approximately reflecting the previous year. Overall, consumption, however, recorded a abrupt descent. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Tomato Puree Production in Algeria

In value terms, tomato puree production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 41%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Tomato Puree Exports

Exports from Algeria

In 2022, after two years of decline, there was growth in shipments abroad of tomato puree and paste, when their volume increased by 3.2% to X tons. Over the period under review, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by 336%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, tomato puree exports skyrocketed to $X in 2022. Overall, exports showed a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 330% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for tomato puree exports from Algeria, accounting for a 74% share of total exports. Moreover, tomato puree exports to Italy exceeded the volume sent to the second major destination, Canada (X tons), ninefold. The third position in this ranking was held by Benin (X tons), with a 7% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+17.8% per year) and Benin (+16.9% per year).

In value terms, Canada ($X) emerged as the key foreign market for tomato puree and paste exports from Algeria, comprising 46% of total exports. The second position in the ranking was held by Italy ($X), with a 21% share of total exports. It was followed by Niger, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Canada totaled +44.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+3.8% per year) and Niger (+63.0% per year).

Export Prices by Country

The average tomato puree export price stood at $X per ton in 2022, surging by 12% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 30% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Italy ($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 Canada (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Puree Imports

Imports into Algeria

In 2022, purchases abroad of tomato puree and paste was finally on the rise to reach X tons after three years of decline. In general, imports, however, faced a sharp shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 101%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, tomato puree imports expanded remarkably to $X in 2022. Over the period under review, imports, however, recorded a precipitous slump. The most prominent rate of growth was recorded in 2015 when imports increased by 130% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main tomato puree supplier to Algeria, accounting for a 95% share of total imports. It was followed by Tunisia (X tons), with a 3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -37.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (-40.9% per year) and Turkey (-49.2% per year).

In value terms, China ($X) constituted the largest supplier of tomato puree and paste to Algeria, comprising 92% of total imports. The second position in the ranking was taken by Tunisia ($X), with a 5.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -39.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (-38.6% per year) and Turkey (-48.6% per year).

Import Prices by Country

In 2022, the average tomato puree import price amounted to $X per ton, surging by 5.9% against the previous year. In general, the import price, however, showed a noticeable decline. The pace of growth appeared the most rapid in 2013 an increase of 21%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tunisia ($X per ton), while the price for China ($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 (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :