Algeria: Rice Market 2024

Rice Market Size in Algeria

The Algerian rice market expanded modestly to $X in 2021, growing by 2% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Rice consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Rice Production in Algeria

In value terms, rice production surged to $X in 2021 estimated in export price. Overall, production showed a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 32% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

In 2021, the average rice yield in Algeria was estimated at X tons per ha, standing approx. at the previous year. The yield figure increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when the yield increased by 13%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2021, the growth of the average rice yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the rice harvested area in Algeria declined slightly to X ha, flattening at the previous year. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 10%. Over the period under review, the harvested area dedicated to rice production attained the peak figure at X ha in 2014; however, from 2015 to 2021, the harvested area failed to regain momentum.

Rice Exports

Exports from Algeria

In 2021, exports of rice from Algeria totaled X tons, remaining stable against the previous year. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2019 when exports increased by 81% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, rice exports fell modestly to $X in 2021. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 81% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then dropped in the following year.

Exports by Country

Niger (X tons) was the main destination for rice exports from Algeria, with a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Niger stood at +45.3%.

In value terms, Niger ($X) emerged as the key foreign market for rice exports from Algeria.

From 2012 to 2021, the average annual growth rate of value to Niger amounted to +39.0%.

Export Prices by Country

The average rice export price stood at $X per ton in 2021, approximately equating the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 29% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2021, the rate of growth in terms of prices for Niger amounted to -4.3% per year.

Rice Imports

Imports into Algeria

In 2021, approx. X tons of rice were imported into Algeria; leveling off at the previous year. The total import volume increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 42%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, rice imports expanded slightly to $X in 2021. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 29%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of rice to Algeria, accounting for a 76% share of total imports. Moreover, rice imports from India exceeded the figures recorded by the second-largest supplier, Tajikistan (X tons), more than tenfold. The third position in this ranking was held by Pakistan (X tons), with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Tajikistan (+15.7% per year) and Pakistan (+7.2% per year).

In value terms, India ($X) constituted the largest supplier of rice to Algeria, comprising 72% of total imports. The second position in the ranking was taken by Tajikistan ($X), with a 7.5% share of total imports. It was followed by Pakistan, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value from India stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Tajikistan (+15.7% per year) and Pakistan (+5.3% per year).

Import Prices by Country

The average rice import price stood at $X per ton in 2021, surging by 4.7% against the previous year. In general, the import price, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2019 an increase of 11%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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