Algeria: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in Algeria

The Algerian wheat and meslin flour market stood at $X in 2022, increasing by 3.2% against the previous year. Overall, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.0% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Wheat and Meslin Flour in Algeria

In value terms, wheat and meslin flour production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 54%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Wheat and Meslin Flour

Exports from Algeria

In 2022, overseas shipments of wheat and meslin flour increased by 4.5% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 with an increase of 106%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, wheat and meslin flour exports totaled $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 84% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger amounted to -2.1%.

In value terms, Niger ($X) also remains the key foreign market for wheat and meslin flour exports from Algeria.

From 2012 to 2022, the average annual rate of growth in terms of value to Niger was relatively modest.

Export Prices by Country

The average wheat and meslin flour export price stood at $X per ton in 2022, dropping by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2014 when the average export price increased by 28% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +2.5% per year.

Imports of Wheat and Meslin Flour

Imports into Algeria

In 2022, the amount of wheat and meslin flour imported into Algeria contracted remarkably to X tons, waning by -31.9% on 2021. In general, imports recorded a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 175%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, wheat and meslin flour imports reduced remarkably to $X in 2022. Overall, imports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 244% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest wheat and meslin flour supplier to Algeria, with a 41% share of total imports. Moreover, wheat and meslin flour imports from Turkey exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (0.0% per year) and Germany (0.0% per year).

In value terms, the largest wheat and meslin flour suppliers to Algeria were Turkey ($X), Germany ($X) and the Netherlands ($X), with a combined 65% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average wheat and meslin flour import price amounted to $X per ton, declining by -5.3% against the previous year. Overall, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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