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Report
Algeria Fruits and Vegetables Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 120 Pages I Mordor Intelligence
The Algerian fruits and vegetable market is projected to register a CAGR of 5.8% during the forecast period (2022-2027).
The Algerian fruits and vegetables market was less affected by the COVID-19 pandemic. To keep the food supply chains functional, the food and healthcare systems were allowed to remain open in the country. Despite the ban on international and domestic travel, transportation services for food in Algeria were allowed to avoid shortages. Hence, COVID-19 did not cause much damage to the fruits and vegetable market of Algeria.
The domestic fruits and vegetables market in Algeria is comparatively large compared to the other North African countries, like Sudan and Egypt. Apart from catering to its domestic purposes, the products are also exported to other countries. Although fruits and vegetables are exported from Algeria, the domestic need is high within the region.
The potatoes, tomatoes, and onion segments have been booming in recent years. According to FAO, potato production accounted for 4.7 million metric ton, followed by onion with 1.7 million metric ton and tomato with 1.6 million metric ton, in 2020. In the fruit segment, watermelon dominates the Algerian market. The production of watermelon accounts for 2.3 million metric ton, followed by oranges with 1.2 million metric ton. The trends are a clear indication that the Algerian fruits and vegetables market is going to witness healthy growth during the forecast period.
Algeria Fruits & Vegetables Market Trends
Potato Dominates the Market
According to FAO, potato is one of the major leading vegetables in the Algerian market, and the production of potatoes accounted for 4.7 million metric ton in 2020. There was also a gradual increase in the area under potato cultivation from 2017 to 2020. Potato production is expected to increase to meet the domestic needs of the people in Algeria. For instance, annual per capita potato consumption in Algeria increased to 65.0 Kg in 2018, which increased the demand for potatoes, thus boosting the vegetables market during the forecast period.
High Regional Trade of Dates is Driving the Market
Though watermelons and oranges accounted for around 30.0% of the production of the total fruit in 2020, dates are another major commercial product in the Algerian fruit segment. According to FAO, dates are one of the major fruits produced in Algeria, accounting for 1.2 million metric ton of production in 2020 compared to the 1.1 million metric ton in 2019. According to ITC Trademap, the date export value reached USD 52.3 thousand in 2017 compared to USD 37.5 thousand in 2016. This rapidly increasing export indicates the growth of the market. Major Algerian dates export destinations are France, Russia, and Spain. Among all the importing countries, France and Russia together hold a 50.6% share of the total value of dates exported from Algeria.
Algeria Fruits & Vegetables Market Competitor Analysis
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
5 MARKET SEGMENTATION
5.1 Type (Production Analysis in Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
5.1.1 Fruits
5.1.2 Vegetables
6 INTERNATIONAL TRADE AND PRICE SCENARIOS
6.1 Onion
6.2 Potato
6.3 Tomato
6.4 Garlic
6.5 Cauliflower
6.6 Beans
6.7 Eggplant
6.8 Lemon
6.9 Apples
6.10 Banana
6.11 Grapes
6.12 Strawberry
6.13 Watermelon
6.14 Dates
6.15 Olives
7 REGIONAL ANALYSIS
7.1 PESTLE Analysis
7.2 Value Chain Analysis
7.3 Government Policies
8 COMPETITIVE ANALYSIS
8.1 Distribution Network and Retail Analysis
8.2 List/Profiles of Key Players
9 MARKET OPPORTUNITIES AND FUTURE TRENDS
10 AN ASSESSMENT OF THE COVID-19 IMPACT ON THE MARKET
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