Algeria: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Algeria

The Algerian market for frozen, dried and smoked fish was finally on the rise to reach $X in 2022, after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Frozen, Dried And Smoked Fish in Algeria

In value terms, frozen, dried and smoked fish production reached $X in 2022 estimated in export price. In general, the total production indicated a measured expansion 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Frozen, dried and smoked fish production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Frozen, Dried And Smoked Fish

Exports from Algeria

After two years of decline, shipments abroad of frozen, dried and smoked fish increased by X% to X tons in 2022. In general, exports recorded a remarkable increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen, dried and smoked fish exports stood at $X in 2022. Over the period under review, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Japan (X tons) was the main destination for frozen, dried and smoked fish exports from Algeria, accounting for a X% share of total exports. Moreover, frozen, dried and smoked fish exports to Japan exceeded the volume sent to the second major destination, South Korea (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Spain (X% per year).

In value terms, the largest markets for frozen, dried and smoked fish exported from Algeria were Japan ($X), Spain ($X) and South Korea ($X), with a combined X% share of total exports.

Japan, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for frozen, dried and smoked fish amounted to $X per ton, reducing by X% against the previous year. Overall, the export price showed a perceptible descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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 Spain ($X per ton), while the average price for exports to Japan ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports into Algeria

In 2022, purchases abroad of frozen, dried and smoked fish was finally on the rise to reach X tons after four years of decline. In general, imports, however, recorded a deep setback. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, frozen, dried and smoked fish imports rose slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), Morocco (X tons) and Tajikistan (X tons) were the main suppliers of frozen, dried and smoked fish imports to Algeria, together comprising X% of total imports. China, Spain, Tunisia, Vietnam, Seychelles, Indonesia, Argentina, Peru, Yemen and Ghana lagged somewhat behind, together accounting for a further X%.

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

In value terms, Tajikistan ($X), China ($X) and India ($X) were the largest frozen, dried and smoked fish suppliers to Algeria, together comprising X% of total imports. Vietnam, Morocco, Indonesia, Spain, Tunisia, Ghana, Seychelles, Argentina, Yemen and Peru lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Tunisia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 frozen, dried and smoked fish amounted to $X per ton, falling by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 China ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :