Updated Jan 22, 2023 19:09

Mate Market in Algeria

Market Overview
The Algerian mate market was estimated at $ in , growing by % 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). In general, consumption continues to indicate a prominent expansion. Mate consumption peaked at $ in ; however, from to , consumption stood at a somewhat lower figure.


Consumption
In , mate consumption in Algeria rose remarkably to tons, picking up by % against the previous year. In general, consumption continues to indicate resilient growth. Over the period under review, consumption reached the maximum volume at tons in ; however, from to , consumption stood at a somewhat lower figure.

The revenue of the mate market in Algeria rose markedly to $ in , picking up by % 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 recorded a remarkable increase. Mate consumption peaked at $ in ; however, from to , consumption failed to regain momentum.


Market Forecast
Driven by increasing demand for mate in Algeria, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Mate market in Algeria consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.


Trade Balance
Algeria remains a net importer of mate; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.