Algeria: Pesticide Market 2024

Pesticide Market Size in Algeria

In 2022, the Algerian pesticide market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, saw a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Pesticide Exports

Exports from Algeria

In 2022, the amount of pesticides exported from Algeria contracted to X tons, which is down by X% against the previous year's figure. In general, exports, however, recorded measured growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, pesticide exports totaled $X in 2022. Over the period under review, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for pesticide exports from Algeria, accounting for a X% share of total exports. Moreover, pesticide exports to Germany exceeded the volume sent to the second major destination, India (X tons), threefold. The third position in this ranking was taken by Greece (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Greece (X% per year).

In value terms, Germany ($X) remains the key foreign market for pesticides exports from Algeria, comprising X% of total exports. The second position in the ranking was held by Greece ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the average pesticide export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price posted buoyant growth. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Spain ($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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pesticide Imports

Imports into Algeria

In 2022, overseas purchases of pesticides decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, pesticide imports reached $X in 2022. Over the period under review, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

France (X tons), China (X tons) and Spain (X tons) were the main suppliers of pesticide imports to Algeria, with a combined X% share of total imports. Saudi Arabia, Germany, Jordan, India, Turkey, Italy, Belgium, the UK, the United Arab Emirates and Australia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of pesticides to Algeria, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Jordan (X% per year).

Import Prices by Country

The average pesticide import price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :