The import bill of milk powder, milk cream and milk fat, used as inputs in the dairy sector, fell to $1.04 billion in 2015 against $1.91 billion in 2014, the Algerian customs told APS.
As for the quantities imported, they have slightly decreased to 372 252.44 tonnes (t) against 395 898.2 t, according to the National Centre for Data Processing and Statistics of the Customs (CNIS).
Thus, the bill fell from 45.48% in 2015 compared to the previous year, while import volumes declined at a slower rate of around 5.97%.
The sharp decline of milk import despite a small reduction in the imported quantities was driven by the sharp fall of import prices in global markets.
Indeed, the world prices of the milk powder dropped by 43.5% over the first ten months of 2015 in comparison with the same period of 2014, down to $2,834 tonne against nearly $5,000 tonne.
In order to reduce imports of the subsidized product and promote national dairy sector, new measures have recently been decided by the government in favour of farmers and operators in the sector by increasing the subsidy for raw milk and encouraging investment in dairy and food sectors.
– Algeria Press Service