Algeria: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in Algeria

The revenue of the palm fruit oil market in Algeria amounted to $X in 2017, jumping by X% against the previous year. Overall, palm fruit oil consumption continues to indicate a strong growth. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. In that year, the palm fruit oil market reached their peak level of $X. From 2009 to 2017, growth of the palm fruit oil market failed to regain its momentum.

Palm Fruit Oil Production in Algeria

Palm fruit oil production in Algeria amounted to X kg in 2017, standing approx. at the previous year. In general, palm fruit oil production continues to indicate a relatively flat trend pattern.

Palm Fruit Oil Exports from Algeria

Palm fruit oil exports from Algeria totaled X tons in 2017, shrinking by -X% against the previous year. In general, palm fruit oil exports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2015, when exports increased by X% against the previous year. Over the period under review, the palm fruit oil exports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, palm fruit oil exports totaled $X in 2017. In general, palm fruit oil exports continue to indicate a deep drop. Algeria exports peaked of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Palm Fruit Oil Exports by Country from Algeria

In 2017, Indonesia (X tons) represented the largest exporter for palm fruit oil, making up X% of total exports. It was distantly followed by Malaysia (X tons), generating X% share of total exports. The Netherlands (X tons), Papua New Guinea (X tons) and Guatemala (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to palm fruit oil exports from Indonesia stood at +X%. At the same time, Guatemala (+X%) and Papua New Guinea (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The Netherlands experienced a relatively flat trend pattern. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. Malaysia (X%) significantly strengthened its position in terms of the global exports, while Indonesia saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest palm fruit oil markets worldwide were Indonesia ($X), Malaysia ($X) and the Netherlands ($X), with a combined X% share of total exports. These countries were followed by Papua New Guinea, Guatemala and Algeria, which together accounted for a further X%.

In terms of the main exporting countries , Guatemala (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Export Prices by Country in Algeria

In 2017, the palm fruit oil export price in Algeria amounted to $X per ton, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017, when the export prices increased by X% y-o-y. Algeria export price peaked of $X per ton in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Malaysia ($X per ton) and the Netherlands ($X per ton), while Guatemala ($X per ton) and Papua New Guinea ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Imports into Algeria

Palm fruit oil imports into Algeria amounted to X tons in 2017, picking up by X% against the previous year. Overall, palm fruit oil imports continue to indicate a notable increase. The growth pace was the most rapid in 2013, when imports increased by X% y-o-y. In that year, the palm fruit oil imports reached their peak volume of X tons. From 2014 to 2017, growth of the palm fruit oil imports stood at a somewhat lower level.

In value terms, palm fruit oil imports totaled $X in 2017. Overall, palm fruit oil imports continue to indicate a remarkable increase. In that year, the palm fruit oil imports reached their peak level of $X. From 2014 to 2017, growth of the palm fruit oil imports stood at a somewhat lower level.

Palm Fruit Oil Imports by Country into Algeria

In 2017, India (X tons), distantly followed by China (X tons), Pakistan (X tons) and the Netherlands (X tons) represented the key importers of palm fruit oil, together mixed up X% of total imports. The following importers - Spain (X tons), Italy (X tons), Ghana (X tons), the U.S. (X tons), Bangladesh (X tons), Germany (X tons), Russia (X tons) and Myanmar (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ghana (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Pakistan ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by the Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar, Ghana and Algeria, which together accounted for a further X%.

Ghana (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Import Prices by Country in Algeria

In 2017, the palm fruit oil import price in Algeria amounted to $X per ton, increasing by X% against the previous year. Overall, palm fruit oil import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when the import prices increased by X% year-to-year. In that year, the import prices for palm fruit oil attained their peak level of $X per ton. From 2012 to 2017, growth of the import prices for palm fruit oil stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform