Cereals; Millet, Seed Price in Algeria - 2022
Contents:
Cereals; Millet, Seed Price in Algeria (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $329 per ton, rising by 4.5% against the previous year. Over the period under review, the import price, however, saw a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 43%. The import price peaked at $838 per ton in 2013; however, from 2014 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 ($512 per ton), while the price for India ($251 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 (-6.6%), while the prices for the other major suppliers experienced a decline.
Cereals; Millet, Seed Imports in Algeria
In 2022, imports of cereals; millet, seeds into Algeria skyrocketed to 468 tons, rising by 550% against the previous year. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; millet, seed imports surged to $154K in 2022. Over the period under review, imports showed a relatively flat trend pattern.
| Import of Cereals; Millet, Seed in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 56.1 | 78.7 | 13.9 | 62.6 | 3.7% |
| India | 47.3 | 37.8 | 1.9 | 58.0 | 7.0% |
| United States | 49.1 | 52.7 | 6.9 | 33.4 | -12.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 153 | 169 | 22.7 | 154 | 0.2% |
Top Suppliers of Cereals; Millet, Seed to Algeria in 2022:
- India (231.2 tons)
- Canada (171.6 tons)
- United States (65.1 tons)
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