Algeria - Refined Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlgeria: Refined Cotton-Seed Oil Market 2024
Refined Cotton-Seed Oil Market Size in Algeria
The Algerian refined cotton-seed oil market fell to $X in 2022, remaining constant against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.
Refined Cotton-Seed Oil Production in Algeria
In value terms, refined cotton-seed oil production stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 30% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.
Refined Cotton-Seed Oil Exports
Exports from Algeria
In 2020, shipments abroad of refined cotton-seed oil decreased by -88.7% to X kg, falling for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a buoyant expansion. The smallest decline of -47% was in 2019. The exports peaked at X tons in 2018; however, from 2019 to 2020, the exports stood at a somewhat lower figure.
In value terms, refined cotton-seed oil exports fell notably to $X in 2020. In general, exports faced a abrupt slump. The smallest decline of -40% was in 2019. The exports peaked at $X in 2018; however, from 2019 to 2020, the exports failed to regain momentum.
Exports by Country
Spain (X kg) was the main destination for refined cotton-seed oil exports from Algeria, with a approx. 50% share of total exports.
From 2016 to 2020, the average annual growth rate of volume to Spain was relatively modest.
In value terms, Spain ($X) emerged as the key foreign market for refined cotton-seed oil exports from Algeria.
From 2016 to 2020, the average annual rate of growth in terms of value to Spain was relatively modest.
Export Prices by Country
The average refined cotton-seed oil export price stood at $X per ton in 2020, increasing by 194% against the previous year. In general, the export price, however, recorded a abrupt setback. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2020, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2016 to 2020, the rate of growth in terms of prices for France amounted to 0.0% per year.
Refined Cotton-Seed Oil Imports
Imports into Algeria
In 2022, supplies from abroad of refined cotton-seed oil increased by 46% to X kg for the first time since 2016, thus ending a five-year declining trend. In general, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2015 with an increase of 494%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.
In value terms, refined cotton-seed oil imports soared to $X in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2015 when imports increased by 866% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Spain (X kg) was the main supplier of refined cotton-seed oil to Algeria, with a 93% share of total imports. It was followed by Germany (X kg), with a 2.4% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +24.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.0% per year) and France (-1.3% per year).
In value terms, Spain ($X) constituted the largest supplier of refined cotton-seed oil to Algeria, comprising 69% of total imports. The second position in the ranking was taken by Germany ($X), with a 25% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled +27.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.8% per year) and France (+22.7% per year).
Import Prices by Country
In 2022, the average refined cotton-seed oil import price amounted to $X per ton, dropping by -1.8% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined cotton-seed oil import price increased by +70.5% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 63%. The import price peaked at $X per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($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 Germany (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the refined cotton-seed oil market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10415500 - Refined cotton-seed oil and its fractions (excluding chemically modified)
Country coverage:
- Algeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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