(3 minutes read)
Algerian exports of fisheries and aquaculture products to African countries are expected to exceed $35 million by the end of 2023. The main exports are live, fresh, and frozen fish products including bluefin tuna, crustaceans, cephalopod molluscs, and certain other fish species. This is part of Algeria’s export strategy to African countries, stated Fisheries and Halieutic Production Minister Ahmed Badani.
Algerian exports of fisheries and aquaculture products to African countries are expected to exceed $35 million by the end of 2023. The main exports are live, fresh, and frozen fish products including bluefin tuna, crustaceans, cephalopod molluscs, and certain other fish species. This is part of Algeria’s export strategy to African countries, stated Fisheries and Halieutic Production Minister Ahmed Badani. The Algerian fisheries sector has a very large export potential to African countries, particularly under the AfCFTA, and the fisheries department is working closely with other sectors to strengthen the fish processing industry in Algeria, which mainly concerns two species: tuna and sardines.
Algeria has 23 processing units that handle nearly 20,000 tons of processed products annually, and attempts to export these products to African countries are currently being explored and studied, particularly with the opening of two Algerian banks in Mauritania and Senegal.
Algeria is giving special thrust to local shipbuilding, particularly large vessels for deep-sea fishing. Resulting in the construction of three large 35-meter fishing vessels and the start of manufacturing of nine other large vessels for deep-sea fishing. The Minister pointed out that a private operator had recently exported to Mauritania two locally manufactured fishing vessels, claiming that the operation opened up opportunities for Algerian operators to enter the African market, in particular that of West-Central Africa.
Read Also:
https://trendsnafrica.com/world-bank-report-algerian-industry-rides-high-on-rising-investments/
https://trendsnafrica.com/green-hydrogen-renewable-energy-projects-in-algeria-with-eu-support/
According to the Minister, the aquaculture industry is also a niche market for the development of domestic production and the promotion of exports to African countries, citing Tilapia, which is heavily imported by West African countries, such as Côte d’Ivoire, Ghana, Congo and Nigeria.