Peanut Butter Market Overview in Algeria
In value terms, peanut butter production shrank modestly to $ in estimated in export prices. In general, production posted a strong increase. The most prominent rate of growth was recorded in 2012 when the production volume increased by % y-o-y. Peanut butter production peaked at $ in 2019, and then shrank modestly in the following year.
The revenue of the peanut butter market in Algeria contracted modestly to $ in , stabilizing at 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). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of % year-to-year. As a result, consumption reached the peak level of $. from 2016 to , the growth of the market remained at a somewhat lower figure.