Algeria more than doubles milk importStaff writer ▼ | October 17, 2014
Algerian imports of powdered milk had a significant increase in the first eight months of 2014 and have already exceeded last year’s total purchases.
Powdered milk on the rise The imported volume grew by 53%
The imported volume grew by 53% in the same period Foreign purchases of the product amounted to $1.13 billion last year. The acquired volume reached 284,000 tonnes in the first eight months of this year, a hike of 53% from January through August in 2013.
The director general of the National Interpersonal Office of Milk and Dairy Products (Onil), the regulatory agency for the local market, Fethi Messar, informed powdered milk stocks will be enough to meet the demand until July 2015.
According to the Ministry of Trade, the Onil has distributed 15,260 tonnes of powdered milk per month to 116 dairy producing units, including 15 government-owned ones.
Algeria produces roughly 3.5 billion litres of raw milk per year and imports from 1.5 billion to 2 billion litres, consumption is estimated to exceed 5 billion litres, according to data from the Ministry of Agriculture and Rural Development.
The government allocates 46 billion Algerian dinars (or $550 million) per year to support local milk production and cut spending on imports.
According to information from Brazil’s Ministry of Development, Industry and Foreign Trade (MDIC), Brazilian dairy exports to Algeria fetched $39 million from January through August, as against zero in the same period last year ■