Algeria - Vegetables (Preserved and Frozen) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlgeria: Market for Vegetables (Preserved, Frozen) 2024
Market Size for Vegetables (Preserved, Frozen) in Algeria
After two years of decline, the Algerian preserved and frozen vegetable market increased by 24% to $X in 2022. Overall, consumption, however, faced a deep downturn. Preserved and frozen vegetable consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
Exports of Vegetables (Preserved, Frozen)
Exports from Algeria
In 2022, the amount of vegetables (preserved, frozen) exported from Algeria declined sharply to X kg, which is down by -99.3% against 2021. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 329%. As a result, the exports attained the peak of X tons, and then dropped sharply in the following year.
In value terms, preserved and frozen vegetable exports dropped remarkably to $X in 2022. In general, exports saw a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 428% against the previous year. As a result, the exports attained the peak of $X, and then reduced remarkably in the following year.
Exports by Country
France (X kg) was the main destination for preserved and frozen vegetable exports from Algeria, with a approx. 99% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to -11.4%.
In value terms, France ($X) also remains the key foreign market for vegetables (preserved, frozen) exports from Algeria.
From 2012 to 2022, the average annual rate of growth in terms of value to France totaled -15.9%.
Export Prices by Country
The average preserved and frozen vegetable export price stood at $X per ton in 2022, with an increase of 27% against the previous year. Overall, the export price, however, continues to indicate a noticeable descent. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -5.1% per year.
Imports of Vegetables (Preserved, Frozen)
Imports into Algeria
In 2022, the amount of vegetables (preserved, frozen) imported into Algeria rose rapidly to X tons, picking up by 7.1% against 2021 figures. Over the period under review, imports, however, recorded a deep slump. The growth pace was the most rapid in 2019 with an increase of 15%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.
In value terms, preserved and frozen vegetable imports surged to $X in 2022. Overall, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by 27%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.
Imports by Country
Belgium (X tons), Portugal (X tons) and Egypt (X tons) were the main suppliers of preserved and frozen vegetable imports to Algeria, with a combined 50% share of total imports. Morocco, Germany, India, the Netherlands and Spain lagged somewhat behind, together accounting for a further 25%.
From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +20.6%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, Belgium ($X), Portugal ($X) and Egypt ($X) constituted the largest preserved and frozen vegetable suppliers to Algeria, together comprising 48% of total imports. Germany, Morocco, India, Spain and the Netherlands lagged somewhat behind, together accounting for a further 20%.
Germany, with a CAGR of +5.9%, saw the highest rates of growth with regard to 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 preserved and frozen vegetable import price stood at $X per ton in 2022, increasing by 17% against the previous year. Overall, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 24%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Morocco ($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 (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for preserved and frozen vegetable in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 475 - Vegetables, Preserved (Frozen)
Country coverage:
- Algeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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