Algeria: Green Peas Market 2024

Green Peas Market Size in Algeria

The Algerian green peas market totaled $X in 2022, approximately equating the previous year. Overall, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -18.7% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Green Peas Production in Algeria

In value terms, green peas production reached $X in 2022 estimated in export price. In general, production continues to indicate a notable expansion. The pace of growth appeared the most rapid in 2018 with an increase of 302%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

The average yield of peas (green) in Algeria reduced slightly to X tons per ha in 2022, with a decrease of -3.6% compared with 2021. The yield figure increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 35% against the previous year. The green peas yield peaked at X tons per ha in 2021, and then contracted slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of peas (green) production in Algeria rose rapidly to X ha, with an increase of 5% on the previous year. The harvested area increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 8.6%. Over the period under review, the harvested area dedicated to green peas production attained the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Green Peas Exports

Exports from Algeria

In 2022, shipments abroad of peas (green) was finally on the rise to reach X tons after four years of decline. In general, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 77% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, green peas exports soared to $X in 2022. Overall, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 57%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for green peas exports from Algeria, accounting for a 62% share of total exports. Moreover, green peas exports to Canada exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. Spain (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled +34.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+56.0% per year) and Spain (+5.1% per year).

In value terms, Canada ($X) remains the key foreign market for peas (green) exports from Algeria, comprising 70% of total exports. The second position in the ranking was taken by France ($X), with a 9.8% share of total exports. It was followed by Spain, with a 5.1% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at +21.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-5.6% per year) and Spain (-2.0% per year).

Export Prices by Country

The average green peas export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 38% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.2%), while the prices for the other major destinations experienced a decline.

Green Peas Imports

Imports into Algeria

In 2022, after five years of decline, there was decline in overseas purchases of peas (green), when their volume decreased by 0% to X tons. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2015 when imports increased by 74% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, green peas imports fell slightly to $X in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 65% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest green peas supplier to Algeria, with a 59% share of total imports. Moreover, green peas imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled -15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-17.2% per year) and Portugal (-6.4% per year).

In value terms, the largest green peas suppliers to Algeria were Spain ($X), France ($X) and Portugal ($X).

Portugal, with a CAGR of -2.0%, 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 a decline.

Import Prices by Country

The average green peas import price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 7.7% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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