Algeria: Pimenta Pepper Market 2024

Pimenta Pepper Market Size in Algeria

The Algerian pimenta pepper market stood at $X in 2022, approximately mirroring the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Pimenta Pepper Production in Algeria

In value terms, pimenta pepper production expanded significantly to $X in 2022 estimated in export price. Overall, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +34.9% against 2019 indices. The growth pace was the most rapid in 2020 when the production volume increased by 47%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The average yield of pimenta pepper in Algeria amounted to X tons per ha in 2022, flattening at the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 2.6%. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average pimenta pepper yield remained at a somewhat 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 pimenta pepper harvested area in Algeria fell to X ha, standing approx. at 2021 figures. Over the period under review, the harvested area, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the harvested area increased by 2.6%. The pimenta pepper harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Pimenta Pepper Exports

Exports from Algeria

In 2022, pimenta pepper exports from Algeria skyrocketed to X tons, growing by 35% compared with 2021. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,131%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, pimenta pepper exports skyrocketed to $X in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 847%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Morocco (X tons) was the main destination for pimenta pepper exports from Algeria, with a 93% share of total exports. Moreover, pimenta pepper exports to Morocco exceeded the volume sent to the second major destination, Canada (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Morocco totaled +130.9%.

In value terms, Morocco ($X) remains the key foreign market for pimenta pepper exports from Algeria, comprising 94% of total exports. The second position in the ranking was held by Canada ($X), with a 3.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Morocco totaled +144.6%.

Export Prices by Country

The average pimenta pepper export price stood at $X per ton in 2022, picking up by 14% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pimenta pepper export price increased by +60.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 41%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+6.0%).

Pimenta Pepper Imports

Imports into Algeria

Pimenta pepper imports into Algeria fell to X tons in 2022, with a decrease of -13.1% on the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 72%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, pimenta pepper imports rose modestly to $X in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.5% 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 +27.4% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 77%. As a result, imports reached the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

China (X tons), Morocco (X tons) and India (X tons) were the main suppliers of pimenta pepper imports to Algeria, together accounting for 82% of total imports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +11.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Morocco ($X) and India ($X) appeared to be the largest pimenta pepper suppliers to Algeria, together accounting for 86% of total imports.

China, with a CAGR of +20.1%, recorded the highest growth rate of the value of imports, among the main suppliers 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 pimenta pepper import price amounted to $X per ton, surging by 21% against the previous year. In general, the import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2018 an increase of 43%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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