Algeria: Market for Condensed Or Evaporated Milk (Sweetened) 2024

Market Size for Condensed Or Evaporated Milk (Sweetened) in Algeria

The Algerian market for condensed or evaporated milk (sweetened) declined to $X in 2022, waning by -12.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a resilient expansion. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports from Algeria

Sweetened condensed and evaporated milk exports from Algeria skyrocketed to X tons in 2022, rising by 45% on 2021 figures. In general, exports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 1,873% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, sweetened condensed and evaporated milk exports surged to $X in 2022. Overall, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 2,574% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Mauritania (X tons) was the main destination for sweetened condensed and evaporated milk exports from Algeria, with a 95% share of total exports. Moreover, sweetened condensed and evaporated milk exports to Mauritania exceeded the volume sent to the second major destination, Niger (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mauritania totaled -3.2%.

In value terms, Mauritania ($X) remains the key foreign market for condensed or evaporated milk (sweetened) exports from Algeria, comprising 84% of total exports. The second position in the ranking was taken by Niger ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Mauritania amounted to -3.8%.

Export Prices by Country

In 2022, the average export price for condensed or evaporated milk (sweetened) amounted to $X per ton, picking up by 10% against the previous year. In general, the export price, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2018 when the average export price increased by 46% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($X per ton), while the average price for exports to Mauritania stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+5.1%).

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports into Algeria

In 2022, the amount of condensed or evaporated milk (sweetened) imported into Algeria shrank to X tons, with a decrease of -8.9% on the year before. Overall, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 220%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sweetened condensed and evaporated milk imports dropped to $X in 2022. Over the period under review, imports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2013 with an increase of 335%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest sweetened condensed and evaporated milk supplier to Algeria, accounting for a 52% share of total imports. Moreover, sweetened condensed and evaporated milk imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+18.2% per year) and Poland (-0.9% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of condensed or evaporated milk (sweetened) to Algeria, comprising 61% of total imports. The second position in the ranking was held by Spain ($X), with a 14% share of total imports. It was followed by Poland, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+9.9% per year) and Poland (+1.5% per year).

Import Prices by Country

In 2022, the average import price for condensed or evaporated milk (sweetened) amounted to $X per ton, declining by -4.8% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The pace of growth was the most pronounced in 2013 an increase of 36%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average 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 the Netherlands ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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