Algeria: Market for Nuts (Prepared Or Preserved) 2024

Market Size for Nuts (Prepared Or Preserved) in Algeria

The Algerian nuts (prepared or preserved) market declined slightly to $X in 2021, with a decrease of -3% against the previous year. Over the period under review, consumption recorded a mild contraction. The most prominent rate of growth was recorded in 2020 with an increase of 9.7%. Nuts (prepared or preserved) consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Nuts (Prepared Or Preserved) in Algeria

In value terms, nuts (prepared or preserved) production dropped modestly to $X in 2021 estimated in export price. Overall, production continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Nuts (prepared or preserved) production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Exports of Nuts (Prepared Or Preserved)

Exports from Algeria

In 2021, overseas shipments of nuts (prepared or preserved) were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports continue to indicate a modest increase. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, nuts (prepared or preserved) exports skyrocketed to $X in 2021. Overall, exports, however, recorded a sharp downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Mauritania (X tons) and Canada (X tons) were the main destinations of nuts (prepared or preserved) exports from Algeria.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mauritania (with a CAGR of 0.0%).

In value terms, the largest markets for nuts (prepared or preserved) exported from Algeria were Canada ($X) and Mauritania ($X).

In terms of the main countries of destination, Mauritania, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average nuts (prepared or preserved) export price stood at $X per ton in 2021, falling by -33.1% against the previous year. In general, the export price saw a dramatic contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 16%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to Mauritania totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+84.2%).

Imports of Nuts (Prepared Or Preserved)

Imports into Algeria

In 2021, nuts (prepared or preserved) imports into Algeria skyrocketed to X tons, with an increase of 153% on 2020 figures. Over the period under review, imports, however, continue to indicate a deep downturn. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, nuts (prepared or preserved) imports skyrocketed to $X in 2021. In general, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of 146%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), Iran (X tons) and China (X tons) were the main suppliers of nuts (prepared or preserved) imports to Algeria, with a combined 72% share of total imports. These countries were followed by Turkey, Bulgaria, India, the United Arab Emirates and Spain, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +35.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), the United States ($X) and Turkey ($X) were the largest nuts (prepared or preserved) suppliers to Algeria, together accounting for 81% of total imports. China, the United Arab Emirates, Bulgaria, India and Spain lagged somewhat behind, together accounting for a further 13%.

China, with a CAGR of +13.4%, recorded the highest rates of growth with regard to 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

The average nuts (prepared or preserved) import price stood at $X per ton in 2021, which is down by -27.5% against the previous year. In general, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, nuts (prepared or preserved) import price decreased by -41.9% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 38%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the price for India ($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 (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :