Report Update Nov 1, 2024

Algeria - Sorghum - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Algeria: Sorghum Market 2024

Sorghum Market Size in Algeria

The Algerian sorghum market plummeted to $X in 2022, shrinking by -34.1% against the previous year. In general, consumption showed a abrupt contraction. Sorghum consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Sorghum Production in Algeria

In value terms, sorghum production fell remarkably to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt decline. The pace of growth was the most pronounced in 2015 when the production volume increased by 363% against the previous year. Sorghum production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

In 2022, the average sorghum yield in Algeria amounted to X tons per ha, growing by 1.5% on the previous year's figure. In general, the yield, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2015 when the yield increased by 96% against the previous year. Over the period under review, the average sorghum yield reached the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of sorghum production in Algeria shrank markedly to X ha, which is down by -18.1% compared with the previous year. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 192%. Over the period under review, the harvested area dedicated to sorghum production reached the maximum at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

Sorghum Imports

Imports into Algeria

After two years of growth, purchases abroad of sorghum decreased by -41% to X tons in 2022. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 456% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, sorghum imports fell notably to $X in 2022. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 722% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of sorghum to Algeria, with a 66% share of total imports. Moreover, sorghum imports from the United States exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. Ukraine (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+24.0% per year) and Ukraine (-9.8% per year).

In value terms, the United States ($X) constituted the largest supplier of sorghum to Algeria, comprising 88% of total imports. The second position in the ranking was held by India ($X), with a 4.6% share of total imports. It was followed by Spain, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.0% per year) and Spain (+5.2% per year).

Import Prices by Country

The average sorghum import price stood at $X per ton in 2022, reducing by -4.9% against the previous year. In general, the import price saw a noticeable descent. The pace of growth appeared the most rapid in 2021 when the average import price increased by 48% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 States ($X per ton), while the price for Ukraine ($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 States (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sorghum in the world?

The countries with the highest volumes of sorghum consumption in 2021 were China, Nigeria and Ethiopia, together accounting for 35% of global consumption.

What are the largest producers of sorghum in the world?

The countries with the highest volumes of sorghum production in 2021 were the United States, Nigeria and Ethiopia, with a combined 36% share of global production. These countries were followed by Mexico, India, China, Sudan, Brazil, Niger, Burkina Faso, Argentina, Mali and Cameroon, which together accounted for a further 46%.

What are the leading suppliers of sorghum to Algeria?

In value terms, the United States constituted the largest supplier of sorghum to Algeria, comprising 82% of total imports. The second position in the ranking was occupied by India, with a 10% share of total imports. It was followed by Spain, with a 4.2% share.

What is the average import price for sorghum in Algeria?

The average sorghum import price stood at $930 per ton in 2021, surging by 2.7% against the previous year.

This report provides an in-depth analysis of the sorghum 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:

FCL 83 - Sorghum

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023