Algeria: Powdered Milk Market 2024

Powdered Milk Market Size in Algeria

In 2022, the Algerian powdered milk market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Powdered Milk Exports

Exports from Algeria

Powdered milk exports from Algeria shrank remarkably to X tons in 2022, with a decrease of X% against 2021 figures. Over the period under review, exports recorded a noticeable shrinkage. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, powdered milk exports reduced notably to $X in 2022. In general, exports recorded a noticeable descent. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Niger (X tons) was the main destination for powdered milk exports from Algeria, with a X% share of total exports. Moreover, powdered milk exports to Niger exceeded the volume sent to the second major destination, Mali (X tons), fivefold. France (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Niger ($X) remains the key foreign market for powdered milk exports from Algeria, comprising X% of total exports. The second position in the ranking was taken by Libya ($X), with a X% share of total exports. It was followed by Mali, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Niger totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (X% per year) and Mali (X% per year).

Export Prices by Country

In 2022, the average powdered milk export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 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 Libya ($X per ton), while the average price for exports to Canada ($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 Niger (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Powdered Milk Imports

Imports into Algeria

In 2022, approx. X tons of powdered milk were imported into Algeria; increasing by X% on the year before. The total import 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, powdered milk imports fell modestly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

New Zealand (X tons), Argentina (X tons) and Uruguay (X tons) were the main suppliers of powdered milk imports to Algeria, together accounting for X% of total imports. Poland, France, Turkey, Belgium, Germany, Ireland, the United States and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Argentina ($X) and Uruguay ($X) were the largest powdered milk suppliers to Algeria, together comprising X% of total imports. Poland, France, Turkey, Belgium, Ireland, Germany, the United States and the Netherlands lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average powdered milk import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Ireland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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