Algeria: Primary Fiber Crops Market 2024

Primary Fiber Crops Market Size in Algeria

The Algerian primary fiber crops market dropped to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, enjoyed prominent growth. Primary fiber crops consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Primary Fiber Crops Production in Algeria

In value terms, primary fiber crops production reduced to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Primary Fiber Crops Exports

Exports from Algeria

In 2022, shipments abroad of fiber crops (primary) decreased by X% to X tons, falling for the second consecutive year after nine years of growth. Over the period under review, exports, however, showed a resilient increase. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, primary fiber crops exports shrank to $X in 2022. In general, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for primary fiber crops exports from Algeria, accounting for a X% share of total exports. Moreover, primary fiber crops exports to Spain exceeded the volume sent to the second major destination, Tunisia (X tons), ninefold.

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

In value terms, Spain ($X) remains the key foreign market for fiber crops (primary) exports from Algeria, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (X% per year) and Niger (X% per year).

Export Prices by Country

In 2022, the average primary fiber crops export price amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Niger ($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 Niger (X%).

Primary Fiber Crops Imports

Imports into Algeria

Primary fiber crops imports into Algeria dropped to X tons in 2022, with a decrease of X% compared with the year before. In general, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, primary fiber crops imports dropped to $X in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Togo (X tons) constituted the largest primary fiber crops supplier to Algeria, with a X% share of total imports. Moreover, primary fiber crops imports from Togo exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. The third position in this ranking was taken by Greece (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Togo stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Greece (X% per year).

In value terms, Togo ($X) constituted the largest supplier of fiber crops (primary) to Algeria, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Greece, with a X% share.

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

Import Prices by Country

In 2022, the average primary fiber crops import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Greece ($X per ton), while the price for Mali ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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