Algeria: Breakfast Cereal Market 2024

Breakfast Cereal Market Size in Algeria

The Algerian breakfast cereal market declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, enjoyed prominent growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Breakfast Cereal Production in Algeria

In value terms, breakfast cereal production reduced to $X in 2022 estimated in export price. Overall, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Breakfast Cereal Exports

Exports from Algeria

For the fifth year in a row, Algeria recorded growth in shipments abroad of breakfast cereals, which increased by X% to X tons in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, breakfast cereal exports soared to $X in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Niger (X tons), France (X tons) and Morocco (X tons) were the main destinations of breakfast cereal exports from Algeria, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for breakfast cereal exported from Algeria were Niger ($X), France ($X) and Morocco ($X), together accounting for X% of total exports.

France, 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 breakfast cereal export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

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

Breakfast Cereal Imports

Imports into Algeria

In 2022, supplies from abroad of breakfast cereals decreased by X% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, breakfast cereal imports dropped dramatically to $X in 2022. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest breakfast cereal supplier to Algeria, with a X% share of total imports. Moreover, breakfast cereal imports from Turkey exceeded the figures recorded by the second-largest supplier, Egypt (X tons), ninefold. The third position in this ranking was held by Ukraine (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Ukraine (X% per year).

In value terms, Turkey ($X), Egypt ($X) and France ($X) appeared to be the largest breakfast cereal suppliers to Algeria, with a combined X% share of total imports. Ukraine, the Czech Republic, China, Spain and Poland lagged somewhat behind, together comprising a further X%.

China, 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

In 2022, the average breakfast cereal import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price showed a pronounced descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 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 Spain ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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