Algeria: Fungicide And Bactericide Market 2025

Fungicide And Bactericide Market Size in Algeria

The Algerian fungicide and bactericide market surged to $X in 2021, rising by 47% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a buoyant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Fungicide And Bactericide Exports

Exports from Algeria

In 2021, shipments abroad of fungicides, bactericides and seed treatments increased by 24% to X tons, rising for the fourth year in a row after four years of decline. In general, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 110% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, fungicide and bactericide exports surged to $X in 2021. Over the period under review, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Belgium (X tons), Greece (X tons) and Switzerland (X kg) were the main destinations of fungicide and bactericide exports from Algeria, together accounting for 68% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +11.3%), while the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X), Greece ($X) and Switzerland ($X) were the largest markets for fungicide and bactericide exported from Algeria worldwide, with a combined 62% share of total exports.

Belgium, with a CAGR of +21.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average fungicide and bactericide export price stood at $X per ton in 2021, surging by 17% against the previous year. Overall, the export price, however, saw a mild setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 26%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+20.9%), while the prices for the other major destinations experienced mixed trend patterns.

Fungicide And Bactericide Imports

Imports into Algeria

In 2021, the amount of fungicides, bactericides and seed treatments imported into Algeria soared to X tons, with an increase of 35% against 2020. In general, imports recorded noticeable growth. The pace of growth appeared the most rapid in 2017 when imports increased by 93%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, fungicide and bactericide imports surged to $X in 2021. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 67% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

Spain (X tons), China (X tons) and France (X tons) were the main suppliers of fungicide and bactericide imports to Algeria, with a combined 38% share of total imports. Italy, India, Belgium, Saudi Arabia, Poland, the UK, Australia, Germany, Chile and Jordan lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +18.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of fungicides, bactericides and seed treatments to Algeria, comprising 22% of total imports. The second position in the ranking was taken by France ($X), with an 8.4% share of total imports. It was followed by China, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-5.3% per year) and China (+1.8% per year).

Import Prices by Country

The average fungicide and bactericide import price stood at $X per ton in 2021, growing by 9.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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