Algeria Market Biscuit

Algeria Market Biscuit

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• Algeria has an estimated population of 40,38 million in 2016.
• According to estimates of the global bank, it is expected to reach about 4.3 million in 2020.
• Average growth rate of population between 2005 and 2015 is 1.75% .
• Algeria has the highest GDP per capita in North Africa (USD 14,950 in purchasing power parity) and the fourth GDP of the African continent (USD 168 billion in 2016).
• According to Algerian customs, Algeria's foreign trade in 2016 shows a contraction in exports of 16.7% (29 billion dollars) and a decrease in imports of 9.6% (47 billion dolars)
• The trade balance thus shows a deficit of 17.8 billion dolars
• Finance law 2017 also provides for the reorganization of a number of tax procedures, including the tightening of transfer pricing rules, including an increase of 4 630 USD to 18 520 USD in the amount of the fine in the absence of Presentation of required documentation.
• The requirement for foreign companies to keep cost accounting;
• The extension of the auditing deadline to 6 months.

The agri-food is the 2nd industry of the country.

It had nearly 120 000 employees in 2015, with 17 000 industrial companies.

95% of these companies are managed by the private sector.

in 2015, 75% of the country's needs were covered by imports. But this trend is down in 2018, following import restrictions in the agri-food sector.

Algeria has great potential, and opportunities still to be realized.

The country has a strong demand for agri-food products.

Food accounts for 45% of Algerian household expenditure.

High consumption of biscuits, in 2015 was around 2.5 Kg/yr/inhab.

The Algerian agri-food industry generates 40% of the turnover of the national industry.

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