Report Update Nov 1, 2024

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

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Algeria: Sour Cherry Market 2024

Sour Cherry Market Size in Algeria

In 2022, the Algerian sour cherry market was finally on the rise to reach $X for the first time since 2013, thus ending a eight-year declining trend. In general, consumption, however, faced a significant decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Sour Cherry Exports

Exports from Algeria

In 2018, shipments abroad of sour cherries decreased by -78.1% to X kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a precipitous descent. The growth pace was the most rapid in 2016 with an increase of 229%. As a result, the exports attained the peak of X tons. From 2017 to 2018, the growth of the exports failed to regain momentum.

In value terms, sour cherry exports shrank markedly to $X in 2018. Overall, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2018, the growth of the exports remained at a somewhat lower figure.

Exports by Country

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

From 2015 to 2018, the average annual growth rate of volume to Canada was relatively modest.

In value terms, Canada ($X) emerged as the key foreign market for sour cherries exports from Algeria.

From 2015 to 2018, the average annual growth rate of value to Canada was relatively modest.

Export Prices by Country

The average sour cherry export price stood at $X per ton in 2018, with an increase of 155% against the previous year. Overall, the export price continues to indicate notable growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2015 to 2018, the rate of growth in terms of prices for the United Arab Emirates amounted to +21.2% per year.

Sour Cherry Imports

Imports into Algeria

After six years of decline, overseas purchases of sour cherries increased by 1% to X tons in 2022. Over the period under review, imports, however, continue to indicate a significant decline. The pace of growth was the most pronounced in 2013 with an increase of 93%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, sour cherry imports expanded markedly to $X in 2022. Overall, imports, however, recorded a precipitous setback. The most prominent rate of growth was recorded in 2013 when imports increased by 97%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Spain (X tons) and Chile (X tons) were the main suppliers of sour cherry imports to Algeria.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of -22.0%).

In value terms, the largest sour cherry suppliers to Algeria were Spain ($X) and Chile ($X).

Chile, with a CAGR of -30.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average sour cherry import price amounted to $X per ton, rising by 9.5% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Spain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-10.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of sour cherry consumption in 2021 were Russia, Turkey and Ukraine, with a combined 42% share of global consumption. Poland, Iran, Serbia, the United States, Uzbekistan, Hungary, Belarus, Azerbaijan and Romania lagged somewhat behind, together accounting for a further 47%.

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

The countries with the highest volumes of sour cherry production in 2021 were Russia, Turkey and Ukraine, with a combined 42% share of global production. These countries were followed by Poland, Iran, Serbia, the United States, Uzbekistan, Hungary, Azerbaijan, Belarus and Romania, which together accounted for a further 49%.

What are the leading suppliers of sour cherries to Algeria?

In value terms, the largest sour cherry suppliers to Algeria were Spain and Chile.

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

The average sour cherry export price stood at $2,907 per ton in 2018, with an increase of 155% against the previous year.

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

The average sour cherry import price stood at $1,860 per ton in 2021, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the sour cherry market 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

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