Algeria: Overview of the Market for Evaporated And Condensed Milk 2020

Market Size for Evaporated And Condensed Milk in Algeria

The revenue of the evaporated and condensed milk market in Algeria amounted to $X in 2018, going down by -X% against the previous year. In general, evaporated and condensed milk consumption, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. Over the period under review, the evaporated and condensed milk market hit record highs at $X in 2017, and then declined slightly in the following year.

Production of Evaporated And Condensed Milk in Algeria

In value terms, evaporated and condensed milk production totaled $X in 2018 estimated in export prices. Overall, evaporated and condensed milk production, however, continues to indicate a dramatic contraction. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, evaporated and condensed milk production hit record highs at $X in 2009; however, from 2010 to 2018, production stood at a somewhat lower figure.

Exports of Evaporated And Condensed Milk

Exports from Algeria

In 2018, approx. X tonnes of evaporated and condensed milk were exported from Algeria; surging by X% against the previous year. Overall, evaporated and condensed milk exports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, evaporated and condensed milk exports totaled $X in 2018. In general, evaporated and condensed milk exports, however, continue to indicate a deep drop. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Qatar (X tonnes) was the main destination for evaporated and condensed milk exports from Algeria, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Qatar amounted to +X%.

In value terms, Qatar ($X) also remains the key foreign market for evaporated and condensed milk exports from Algeria.

From 2007 to 2018, the average annual growth rate of value to Qatar totaled +X%.

Export Prices by Country

In 2018, the average evaporated and condensed milk export price amounted to $X per tonne, declining by -X% against the previous year. In general, the evaporated and condensed milk export price, however, continues to indicate a modest expansion. The growth pace was the most rapid in 2010 an increase of X% year-to-year. Over the period under review, the average export prices for evaporated and condensed milk attained their peak figure at $X per tonne in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2007 to 2018, the rate of growth in terms of prices for Qatar amounted to -X% per year.

Imports of Evaporated And Condensed Milk

Imports into Algeria

In 2018, approx. X tonnes of evaporated and condensed milk were imported into Algeria; coming down by -X% against the previous year. Overall, evaporated and condensed milk imports, however, continue to indicate a temperate increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. In that year, evaporated and condensed milk imports attained their peak of X tonnes. From 2014 to 2018, the growth of evaporated and condensed milk imports failed to regain its momentum.

In value terms, evaporated and condensed milk imports amounted to $X in 2018. Over the period under review, evaporated and condensed milk imports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, evaporated and condensed milk imports attained their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

Spain (X tonnes), Ireland (X tonnes) and Poland (X tonnes) were the main suppliers of evaporated and condensed milk imports to Algeria, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Spain, while imports for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) constituted the largest supplier of evaporated and condensed milk to Algeria, comprising X% of total evaporated and condensed milk imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Ireland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Spain (+X% per year).

Import Prices by Country

In 2018, the average evaporated and condensed milk import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the evaporated and condensed milk import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. In that year, the average import prices for evaporated and condensed milk attained their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for evaporated and condensed milk failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Brazil ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform