Algeria: Market for Cocoa Powder (Containing Added Sugar) 2024

Market Size for Cocoa Powder (Containing Added Sugar) in Algeria

The Algerian cocoa powder with sugar market reached $X in 2022, with an increase of X% against the previous year. In general, consumption saw a noticeable contraction. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Cocoa Powder (Containing Added Sugar) in Algeria

In value terms, cocoa powder with sugar production reached $X in 2022 estimated in export price. In general, production saw a pronounced decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Exports of Cocoa Powder (Containing Added Sugar)

Exports from Algeria

In 2022, the amount of cocoa powder (containing added sugar) exported from Algeria skyrocketed to X kg, growing by X% against 2021. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, cocoa powder with sugar exports surged to $X in 2022. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Niger (X kg), France (X kg) and Canada (X kg) were the main destinations of cocoa powder with sugar exports from Algeria, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cocoa powder with sugar exported from Algeria were France ($X), Canada ($X) and Niger ($X), together accounting for X% of total exports.

In terms of the main countries of destination, France, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average cocoa powder with sugar export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price saw temperate growth. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Niger ($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 (X%), while the prices for the other major destinations experienced a decline.

Imports of Cocoa Powder (Containing Added Sugar)

Imports into Algeria

In 2022, overseas purchases of cocoa powder (containing added sugar) increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Overall, imports, however, showed a abrupt decline. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, cocoa powder with sugar imports soared to $X in 2022. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of cocoa powder with sugar to Algeria, accounting for a X% share of total imports. Moreover, cocoa powder with sugar imports from France exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), fourfold. The third position in this ranking was held by Spain (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Spain (X% per year).

In value terms, France ($X), Poland ($X) and Spain ($X) constituted the largest cocoa powder with sugar suppliers to Algeria, with a combined X% share of total imports.

Among the main suppliers, Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cocoa powder with sugar import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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