New Market Report: Oils and Fats in Algeria
Oils and fats witnessed strong 12% current value and 5% volume growth in 2013. Strong value growth was partly driven by an increase in unit prices (for fats) following the introduction of price and tax measures for vegetable and seed oil in the first semester of 2011. This helped prices to remain at a stable level for vegetable and seed oil. Nevertheless, the heavy usage of oils and fats in Algerian cuisine helped to maintain dynamic growth rates.
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