Algeria: Prepared Mustard Market 2024

Prepared Mustard Market Size in Algeria

The Algerian prepared mustard market amounted to $X in 2021, growing by 4% against the previous year. In general, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -5.6% against 2019 indices. Prepared mustard consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Prepared Mustard Production in Algeria

In value terms, prepared mustard production expanded to $X in 2021 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.5% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 20% against the previous year. Prepared mustard production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Prepared Mustard Exports

Exports from Algeria

In 2021, the amount of prepared mustard exported from Algeria soared to X tons, with an increase of 1,714% on 2020. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared mustard exports surged to $X in 2021. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Senegal (X kg) was the main destination for prepared mustard exports from Algeria, accounting for a 2% share of total exports. Moreover, prepared mustard exports to Senegal exceeded the volume sent to the second major destination, Canada (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Senegal totaled +28.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-15.4% per year) and France (+14.9% per year).

In value terms, Senegal ($X) remains the key foreign market for prepared mustard exports from Algeria, comprising 8.9% of total exports. The second position in the ranking was held by Canada ($X), with a 0.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Senegal stood at +23.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-16.4% per year) and France (+4.4% per year).

Export Prices by Country

The average prepared mustard export price stood at $X per ton in 2021, falling by -60.2% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of 55% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while the average price for exports to France ($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 Cote d'Ivoire (+617.0%), while the prices for the other major destinations experienced a decline.

Prepared Mustard Imports

Imports into Algeria

Prepared mustard imports into Algeria contracted notably to X tons in 2021, waning by -79.3% against 2020 figures. Over the period under review, imports faced a significant decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 57%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, prepared mustard imports dropped remarkably to $X in 2021. Overall, imports saw a dramatic decline. The pace of growth was the most pronounced in 2014 when imports increased by 29%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Morocco (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of prepared mustard imports to Algeria, together comprising 46% of total imports. These countries were followed by Canada, the United States, the UK, China and Spain, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +67.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of prepared mustard to Algeria, comprising 41% of total imports. The second position in the ranking was taken by Morocco ($X), with a 13% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Spain stood at +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (-9.4% per year) and France (-41.6% per year).

Import Prices by Country

In 2021, the average prepared mustard import price amounted to $X per ton, growing by 69% against the previous year. In general, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, prepared mustard import price increased by +92.1% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the United States ($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 (+30.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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