Report Update Nov 1, 2024

Algeria - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Market for Cherries and Sour Cherries 2024

Market Size for Cherries and Sour Cherries in Algeria

The Algerian cherry and sour cherry market fell slightly to $X in 2022, reducing by -2.8% against the previous year. Overall, consumption, however, continues to indicate a deep contraction. Cherry and sour cherry consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Cherries and Sour Cherries in Algeria

In value terms, cherry and sour cherry production dropped to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by 17% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average yield of cherries and sour cherries in Algeria rose slightly to X tons per ha, with an increase of 3.3% against 2021 figures. Over the period under review, the yield continues to indicate a tangible increase. The pace of growth appeared the most rapid in 2014 with an increase of 86%. The cherry and sour cherry yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the 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.

In 2022, the cherry and sour cherry harvested area in Algeria contracted slightly to X ha, with a decrease of -3.1% on the previous year's figure. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 87% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2017 to 2022, the growth of the cherry and sour cherry harvested area remained at a lower figure.

Exports of Cherries and Sour Cherries

Exports from Algeria

In 2021, after five years of growth, there was significant decline in shipments abroad of cherries and sour cherries, when their volume decreased by -73.4% to X kg. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 615% against the previous year. As a result, the exports attained the peak of X tons, and then declined notably in the following year.

In value terms, cherry and sour cherry exports contracted significantly to $X in 2021. Over the period under review, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by 475% against the previous year. As a result, the exports reached the peak of $X, and then fell significantly in the following year.

Exports by Country

Switzerland (X kg) was the main destination for cherry and sour cherry exports from Algeria, with a approx. 100% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Switzerland stood at -73.4%.

In value terms, Switzerland ($X) also remains the key foreign market for cherries and sour cherries exports from Algeria.

From 2013 to 2021, the average annual growth rate of value to Switzerland totaled -70.7%.

Export Prices by Country

The average cherry and sour cherry export price stood at $X per ton in 2021, growing by 10% against the previous year. In general, the export price, however, saw a drastic downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2013 to 2021, the rate of growth in terms of prices for Switzerland amounted to +10.0% per year.

Imports of Cherries and Sour Cherries

Imports into Algeria

In 2022, purchases abroad of cherries and sour cherries increased by 6.7% to X tons, rising for the second consecutive year after six years of decline. Overall, imports, however, faced a sharp contraction. The growth pace was the most rapid in 2021 when imports increased by 360% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, cherry and sour cherry imports rose modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 328%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) was the main supplier of cherry and sour cherry to Algeria, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled -31.5%.

In value terms, Spain ($X) constituted the largest supplier of cherries and sour cherries to Algeria.

From 2012 to 2022, the average annual growth rate of value from Spain stood at -32.2%.

Import Prices by Country

The average cherry and sour cherry import price stood at $X per ton in 2022, reducing by -4.2% against the previous year. Overall, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 42%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -1.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cherries and sour cherries in the world?

Turkey remains the largest cherry and sour cherry consuming country worldwide, accounting for 21% of total volume. Moreover, cherry and sour cherry consumption in Turkey exceeded the figures recorded by the second-largest consumer, Russia, twofold. The third position in this ranking was occupied by the United States, with an 8.1% share.

What are the largest producers of cherries and sour cherries in the world?

The country with the largest volume of cherry and sour cherry production was Turkey, accounting for 22% of total volume. Moreover, cherry and sour cherry production in Turkey exceeded the figures recorded by the second-largest producer, the United States, twofold. Russia ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of cherries and sour cherries to Algeria?

In value terms, Spain constituted the largest supplier of cherry and sour cherry to Algeria.

What are the leading importers of cherries and sour cherries from Algeria?

In value terms, the United Arab Emirates $555) emerged as the key foreign market for cherry and sour cherry exports from Algeria, comprising 67% of total exports. The second position in the ranking was occupied by Switzerland $274), with a 33% share of total exports.

What is the average export price for cherries and sour cherries in Algeria?

In 2021, the average cherry and sour cherry export price amounted to $1,084 per ton, dropping by -56.2% against the previous year.

What is the average import price for cherries and sour cherries in Algeria?

In 2021, the average cherry and sour cherry import price amounted to $1,169 per ton, reducing by -9.8% against the previous year.

This report provides an in-depth analysis of the market for cherry and sour cherry in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 530 - Sour cherries
FCL 531 - Cherries

Country coverage:

Algeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Algeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023