Algeria: Cereal Market 2024

Cereal Market Size in Algeria

In 2022, the Algerian cereal market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2021, and then declined slightly in the following year.

Cereal Production in Algeria

In value terms, cereal production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable curtailment. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Cereal production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average cereal yield in Algeria expanded slightly to X tons per ha, growing by X% compared with the previous year's figure. Over the period under review, the yield, however, showed a slight decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average cereal yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cereal harvested area in Algeria skyrocketed to X ha in 2022, surging by X% compared with 2021. In general, the harvested area, however, saw a noticeable slump. The pace of growth was the most pronounced in 2016 when the harvested area increased by X% against the previous year. The cereal harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Cereal Exports

Exports from Algeria

In 2022, overseas shipments of cereals increased by X% to X tons, rising for the third consecutive year after five years of decline. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, cereal exports surged to $X in 2022. Over the period under review, exports recorded resilient growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Mauritania (X tons) was the main destination for cereal exports from Algeria, with a X% share of total exports. It was followed by Niger (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Mauritania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and Canada (X% per year).

In value terms, Mauritania ($X) remains the key foreign market for cereals exports from Algeria, comprising X% of total exports. The second position in the ranking was held by Niger ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Mauritania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and Canada (X% per year).

Export Prices by Country

The average cereal export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cereal Imports

Imports into Algeria

In 2022, the amount of cereals imported into Algeria rose slightly to X tons, with an increase of X% on the previous year. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, cereal imports declined to $X in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

Argentina (X tons), France (X tons) and Poland (X tons) were the main suppliers of cereal imports to Algeria, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal suppliers to Algeria were Argentina ($X), France ($X) and Canada ($X), with a combined X% share of total imports. Poland, Brazil, Germany, Russia, Ukraine, the United States, Lithuania, Latvia and Mexico lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cereal import price amounted to $X per ton, declining by X% against the previous year. In general, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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