
Algeria - Cheese - Market Analysis, Forecast, Size, Trends and Insights
Algeria: Cheese Market 2023
Cheese Market Size in Algeria
The Algerian cheese market contracted markedly to $X in 2021, with a decrease of -55.4% against the previous year. In general, consumption recorded a deep setback. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.
Cheese Production in Algeria
In value terms, cheese production dropped significantly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 86%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.
Cheese Exports
Exports from Algeria
In 2021, cheese exports from Algeria soared to X tons, rising by 46% against 2020. Overall, exports showed a pronounced expansion. The pace of growth appeared the most rapid in 2019 with an increase of 84% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.
In value terms, cheese exports contracted modestly to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 51%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
Congo (X tons), Angola (X tons) and Tunisia (X tons) were the main destinations of cheese exports from Algeria, with a combined 83% share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Congo (with a CAGR of +1,041.5%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for cheese exported from Algeria were Congo ($X), Tunisia ($X) and Angola ($X), with a combined 77% share of total exports.
Congo, with a CAGR of +865.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average cheese export price amounted to $X per ton, waning by -33.8% against the previous year. In general, the export price saw a noticeable setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 22%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Cheese Imports
Imports into Algeria
In 2021, the amount of cheese imported into Algeria dropped sharply to X tons, falling by -62.5% against 2020. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 26%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.
In value terms, cheese imports contracted significantly to $X in 2021. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Ireland (X tons) constituted the largest cheese supplier to Algeria, with a 78% share of total imports. Moreover, cheese imports from Ireland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. New Zealand (X tons) ranked third in terms of total imports with a 19% share.
From 2012 to 2021, the average annual growth rate of volume from Ireland amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-12.1% per year) and New Zealand (-4.8% per year).
In value terms, Ireland ($X) constituted the largest supplier of cheese to Algeria, comprising 66% of total imports. The second position in the ranking was held by Australia ($X), with a 28% share of total imports. It was followed by the Netherlands, with a 22% share.
From 2012 to 2021, the average annual growth rate of value from Ireland stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+14.4% per year) and the Netherlands (-12.2% per year).
Import Prices by Country
In 2021, the average cheese import price amounted to $X per ton, increasing by 6.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 23%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+14.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the cheese market 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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