Report Update Nov 1, 2024

Algeria - Soybean Oilcake - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Soybean Oilcake Market 2024

Soybean Oilcake Market Size in Algeria

For the third consecutive year, the Algerian soybean oilcake market recorded decline in sales value, which decreased by -52.9% to $X in 2021. Overall, consumption showed a deep contraction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Soybean Oilcake Production in Algeria

In value terms, soybean oilcake production declined notably to $X in 2021 estimated in export price. In general, production continues to indicate a noticeable descent. The growth pace was the most rapid in 2017 when the production volume increased by 11% against the previous year. Soybean oilcake production peaked at $X in 2020, and then dropped rapidly in the following year.

Soybean Oilcake Exports

Exports from Algeria

In 2015, the amount of soybean oilcake exported from Algeria stood at X kg, flattening at the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2015 and are likely to see steady growth in the immediate term.

In value terms, soybean oilcake exports amounted to $X in 2015. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2015 and are likely to see steady growth in years to come.

Exports by Country

The Netherlands (X kg) was the main destination for soybean oilcake exports from Algeria, accounting for a approx. 100% share of total exports.

From 2015 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2015 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Soybean Oilcake Imports

Imports into Algeria

In 2021, the amount of soybean oilcake imported into Algeria reduced remarkably to X tons, which is down by -67% on 2020. Overall, imports faced a deep setback. The growth pace was the most rapid in 2013 when imports increased by 49% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, soybean oilcake imports declined markedly to $X in 2021. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 35% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Argentina (X tons), Brazil (X tons) and Paraguay (X tons) were the main suppliers of soybean oilcake imports to Algeria, together comprising 90% of total imports.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +28.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Brazil ($X) and the United States ($X) appeared to be the largest soybean oilcake suppliers to Algeria, with a combined 90% share of total imports.

Brazil, with a CAGR of +22.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average soybean oilcake import price stood at $X per ton in 2021, growing by 28% against the previous year. Overall, the import price, however, saw a noticeable contraction. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soybean oilcake in the world?

The country with the largest volume of soybean oilcake consumption was China, comprising approx. 17% of total volume. Moreover, soybean oilcake consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of soybean oilcake in the world?

The countries with the highest volumes of in 2021 were China, the United States and Argentina, with a combined 39% share of global production. These countries were followed by Brazil, India, Japan, Russia, Germany, Bangladesh, Nigeria and Pakistan, which together accounted for a further 33%.

What are the leading suppliers of soybean oilcake to Algeria?

In value terms, Argentina constituted the largest supplier of soybean oilcake to Algeria, comprising 82% of total imports. The second position in the ranking was occupied by Brazil, with an 11% share of total imports. It was followed by the United States, with a 3.8% share.

What is the average export price for soybean oilcake in Algeria?

In 2015, the average soybean oilcake export price amounted to $500 per ton, approximately mirroring the previous year.

What is the average import price for soybean oilcake in Algeria?

In 2021, the average soybean oilcake import price amounted to $320 per ton, shrinking by -1.7% against the previous year.

This report provides an in-depth analysis of the soybean oilcake 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 10414130 - Oilcake and other solid residues resulting from the extraction of soya-bean oil

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023