Algeria: Market for Evaporated And Condensed Milk 2022

Market Size for Evaporated And Condensed Milk in Algeria

The Algerian evaporated and condensed milk market surged to $X in 2021, rising by X% 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, continues to indicate a mild downturn. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Evaporated And Condensed Milk

Exports from Algeria

Evaporated and condensed milk exports from Algeria shrank dramatically to X tons in 2021, which is down by -X% on the previous year. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, evaporated and condensed milk exports dropped notably to $X in 2021. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to Niger totaled -X%.

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

From 2012 to 2021, the average annual growth rate of value to Niger amounted to -X%.

Export Prices by Country

The average evaporated and condensed milk export price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the export price, however, continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Niger amounted to -X% per year.

Imports of Evaporated And Condensed Milk

Imports into Algeria

In 2021, the amount of evaporated and condensed milk imported into Algeria skyrocketed to X tons, rising by X% on the previous year. In general, imports showed a temperate increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, evaporated and condensed milk imports skyrocketed to $X in 2021. Overall, imports, however, showed a slight downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest evaporated and condensed milk supplier to Algeria, accounting for a X% share of total imports. Moreover, evaporated and condensed milk imports from Spain exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and France (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and France (+X% per year).

Import Prices by Country

The average evaporated and condensed milk import price stood at $X per ton in 2021, approximately equating the previous year. In general, the import price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2013 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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