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October 5, 2025 | 3 days ago
The Spanish chemical industry is increasingly interested in the Algerian market
The Spanish Chemical Industry Federation (Feique), in partnership with ICEX España Exportación e Inversiones, organized a meeting in Madrid on September 23 dedicated to Spanish chemical products' access to the Algerian market.
Cristina Olazábal explained that the Spanish chemical industry is increasingly interested in the Algerian market, a country undergoing transformation that combines strong import demand with industrial projects under development. She pointed out that the Algerian chemical sector remains focused on petrochemicals, fertilizers, certain inorganic products, and basic plastics, which leads to significant reliance on imports in other sectors such as textiles, food, construction, automotive, and pharmaceuticals. Between 2020 and 2024, imports of chemical products into Algeria increased by 58% to more than €4.2 billion per year. Spain is one of the main suppliers alongside China, France, and Turkey.
According
to Feique, speakers also pointed out that Algeria has launched a five-year plan
for 2025-2029 with more than $7 billion in investments. This program includes
the construction of a polypropylene plant in Arzew, an LPG and condensate
separation unit, and an alkylbenzene factory. Feique also highlighted the
importance of the oil and gas sector in Algeria's
However, exporters must adapt to certain local constraints: obtaining import
licenses, specific documentation requirements, restrictions on Incoterms (CIF
being prohibited), and strictly regulated means of payment, particularly
through transfers or letters of credit. In addition, there are logistical
challenges such as port congestion and Added to this are logistical challenges
such as port congestion and infrastructure limitations for the transport of
hazardous products.
According
to the federation, the experts emphasized the importance of thorough
preparation: rigorous verification of documents, cooperation with experienced
partners, anticipation of administrative authorizations, and establishment of
trust-based relationships with Algerian customers. Despite these constraints,
the Association Agreement between Algeria and the European Union, which removes
customs duties on European products, is an advantage for Spanish companies.
The meeting ended with a discussion with participants, led by Mª Eugenia Anta,
Director of International Affairs, Investment and Innovation at Feique. The
discussions confirmed the Spanish chemical sector's interest in Algeria and the
desire to strengthen trade ties between the two countries.
October 5, 2025 | 
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