Algeria: Butter Market Overview 2020

Butter Market Size in Algeria

The revenue of the butter market in Algeria amounted to $X in 2018, coming down by -X% against the previous year. Overall, butter consumption, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Butter consumption peaked at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Butter Production in Algeria

In value terms, butter production totaled $X in 2018 estimated in export prices. In general, the total output indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, butter production increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2011 when production volume increased by X% y-o-y. Butter production peaked in 2018 and is expected to retain its growth in the immediate term.

Butter Exports

Exports from Algeria

Butter exports from Algeria amounted to X tonnes in 2018, lowering by -X% against the previous year. Over the period under review, butter exports continue to indicate a temperate setback. The growth pace was the most rapid in 2013 when exports decreased by -X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, butter exports totaled $X in 2018. In general, butter exports continue to indicate an abrupt decrease. The growth pace was the most rapid in 2015 with a decrease of -X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

France (X tonnes) was the main destination for butter exports from Algeria, with a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to France was relatively modest.

In value terms, France ($X) also remains the key foreign market for butter exports from Algeria.

From 2007 to 2018, the average annual rate of growth in terms of value to France amounted to -X%.

Export Prices by Country

In 2018, the average butter export price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the butter export price continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2013 a decrease of -X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2007 to 2018, the rate of growth in terms of prices for France amounted to -X% per year.

Butter Imports

Imports into Algeria

In 2018, the amount of butter imported into Algeria totaled X tonnes, coming down by -X% against the previous year. Overall, butter imports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. In that year, butter imports reached their peak of X tonnes. From 2014 to 2018, the growth of butter imports remained at a lower figure.

In value terms, butter imports amounted to $X in 2018. Over the period under review, butter imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, butter imports attained their maximum at $X in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, New Zealand (X tonnes) constituted the largest supplier of butter to Algeria, with a X% share of total imports. Moreover, butter imports from New Zealand exceeded the figures recorded by the second-largest supplier, Uruguay (X tonnes), sevenfold. The third position in this ranking was occupied by Ireland (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from New Zealand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+X% per year) and Ireland (-X% per year).

In value terms, New Zealand ($X) constituted the largest supplier of butter to Algeria, comprising X% of total butter imports. The second position in the ranking was occupied by Uruguay ($X), with a X% share of total imports. It was followed by Ireland, with a X% share.

From 2007 to 2018, the average annual growth rate of value from New Zealand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+X% per year) and Ireland (+X% per year).

Import Prices by Country

In 2018, the average butter import price amounted to $X per tonne, picking up by X% against the previous year. In general, the import price indicated a buoyant increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, butter import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for butter attained their maximum in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ireland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform