French company reports major sales drop due to Algerian import regulations

Vinpai, a French firm producing functional ingredients for the food, cosmetic, and nutraceutical sectors, has seen its revenue collapse significantly in 2026. The company reported a 55.6% decline in sales for the third quarter of 2026, falling from 2.365 million euros in the previous year to 1.05 million euros. Over the first nine months of the year, revenue dropped by 32.9%. The company attributes this downturn to the abrupt suspension of exports to Algeria, following the implementation of stricter import control measures. Philippe Le Ray, the CEO, confirmed that the cessation of deliveries to the Algerian market is the direct cause of these financial results. In response to these challenges, the company plans to explore new international markets and prioritize higher value-added products to reduce its reliance on the Algerian zone, despite holding a 2.8 million euro order book as of September 30, 2026.