Liqueurs and Cordials Price in Algeria - 2022
Contents:
Liqueurs and Cordials Price in Algeria (CIF) - 2022
The average liqueurs and cordials import price stood at $3.3 per litre in 2022, with a decrease of -21.8% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liqueurs and cordials import price increased by +8.0% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 61% against the previous year. Over the period under review, average import prices hit record highs at $4.2 per litre in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($18 per litre), while the price for Belgium ($0.6 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Liqueurs and Cordials Imports in Algeria
Liqueurs and cordials imports into Algeria soared to 450K litres in 2022, growing by 138% on 2021 figures. In general, imports, however, showed a deep setback. Over the period under review, imports hit record highs at 712K litres in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, liqueurs and cordials imports surged to $1.5M in 2022. Over the period under review, imports, however, faced a deep contraction. Over the period under review, imports hit record highs at $2.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Liqueurs and Cordials in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 472 | 457 | 267 | 495 | 1.6% |
| France | 749 | 531 | 119 | 215 | -34.0% |
| Germany | 179 | 173 | 101 | 188 | 1.6% |
| Italy | 57.8 | 55.9 | 32.7 | 60.6 | 1.6% |
| Belgium | 86.5 | 69.3 | 33.6 | 51.6 | -15.8% |
| Cyprus | 29.2 | 33.6 | 24.6 | 50.8 | 20.3% |
| China | 22.9 | 22.1 | 12.9 | 24.0 | 1.6% |
| Others | 1,215 | 832 | 206 | 400 | -31.0% |
| Total | 2,812 | 2,174 | 797 | 1,485 | -19.2% |
Top Suppliers of Liqueurs and Cordials to Algeria in 2022:
- Germany (115.4K litres)
- Belgium (87.0K litres)
- France (81.6K litres)
- Ireland (28.2K litres)
- China (19.9K litres)
- Italy (9.6K litres)
- Cyprus (7.8K litres)
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