Algeria: Market for Colouring Matter Of Vegetable Or Animal Origin 2024

Market Size for Colouring Matter Of Vegetable Or Animal Origin in Algeria

In 2022, the Algerian market for colouring matter of vegetable or animal origin decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, recorded a prominent expansion. Vegetable or animal colouring matter consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports from Algeria

In 2022, overseas shipments of colouring matter of vegetable or animal origin increased by X% to X tons, rising for the second consecutive year after eight years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, vegetable or animal colouring matter exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Mauritania (X tons) was the main destination for vegetable or animal colouring matter exports from Algeria, accounting for a X% share of total exports. Moreover, vegetable or animal colouring matter exports to Mauritania exceeded the volume sent to the second major destination, Canada (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mauritania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and France (X% per year).

In value terms, Mauritania ($X), Canada ($X) and France ($X) appeared to be the largest markets for vegetable or animal colouring matter exported from Algeria worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Mauritania, 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 a decline.

Export Prices by Country

The average export price for colouring matter of vegetable or animal origin stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average export price decreased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X.0%).

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Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports into Algeria

In 2022, overseas purchases of colouring matter of vegetable or animal origin decreased by X% to X tons, falling for the second consecutive year after seven years of growth. Over the period under review, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, vegetable or animal colouring matter imports dropped sharply to $X in 2022. In general, imports, however, showed prominent growth. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

India (X tons), Spain (X tons) and France (X tons) were the main suppliers of vegetable or animal colouring matter imports to Algeria, together comprising X% of total imports. Germany, Italy and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable or animal colouring matter suppliers to Algeria were India ($X), Denmark ($X) and Germany ($X), together comprising X% of total imports.

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

Import Prices by Country

In 2022, the average import price for colouring matter of vegetable or animal origin amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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