Algeria - Dry Bean - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Bean Price in Algeria - 2022
Contents:
- Dry Bean Price in Algeria (CIF) - 2022
- Dry Bean Price in Algeria (FOB) - 2022
- Dry Bean Imports in Algeria
- Dry Bean Exports in Algeria
Dry Bean Price in Algeria (CIF) - 2022
In 2022, the average dry bean import price amounted to $1,163 per ton, remaining constant against the previous year. Over the period under review, the import price, however, showed a mild reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $1,619 per ton. From 2014 to 2022, the average import prices remained at a 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 Turkey ($1,623 per ton), while the price for Argentina ($847 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Bean Price in Algeria (FOB) - 2022
The average dry bean export price stood at $173 per ton in 2022, falling by -59.1% against the previous year. In general, the export price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when the average export price increased by 38%. Over the period under review, the average export prices reached the peak figure at $1,081 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,077 per ton), while the average price for exports to Mauritania ($85 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+454.8%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Bean Imports in Algeria
In 2022, approx. 61K tons of beans (dry) were imported into Algeria; which is down by -15.7% on 2021. Over the period under review, imports showed a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 94% against the previous year. As a result, imports attained the peak of 72K tons, and then declined markedly in the following year.
In value terms, dry bean imports shrank sharply to $71M in 2022. Overall, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 80%. As a result, imports attained the peak of $84M, and then fell remarkably in the following year.
| Import of Dry Bean in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 20.4 | 25.3 | 41.5 | 36.3 | 21.2% |
| Argentina | 48.9 | 14.5 | 33.8 | 21.2 | -24.3% |
| Turkey | 1.0 | 2.5 | 2.9 | 6.6 | 87.6% |
| Brazil | 0.2 | 0.3 | 1.1 | 2.0 | 115.4% |
| United States | 1.4 | 1.0 | 0.9 | 1.7 | 6.7% |
| Others | 4.0 | 3.0 | 3.6 | 3.2 | -7.2% |
| Total | 75.9 | 46.5 | 83.9 | 71.1 | -2.2% |
Top Suppliers of Dry Bean to Algeria in 2022:
- Egypt (27.4K tons)
- Argentina (25.1K tons)
- Turkey (4.1K tons)
- Brazil (1.5K tons)
- United States (1.3K tons)
Dry Bean Exports in Algeria
In 2022, the amount of beans (dry) exported from Algeria soared to 8 tons, increasing by 79% against 2021 figures. In general, exports posted a resilient increase. The pace of growth was the most pronounced in 2020 when exports increased by 491% against the previous year. As a result, the exports attained the peak of 29 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, dry bean exports contracted sharply to $1.4K in 2022. Overall, exports, however, saw a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 77% against the previous year. As a result, the exports reached the peak of $8.9K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Dry Bean in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.1 | 0.2 | 0.2 | 0.6 | -18.3% |
| Mauritania | N/A | N/A | N/A | 0.6 | 0% |
| France | 0.9 | 0.9 | 0.8 | 0.2 | -39.4% |
| Niger | N/A | 2.7 | 0.4 | N/A | -85.2% |
| Belgium | N/A | 5.1 | N/A | N/A | 0% |
| Others | 3.0 | 0.1 | 0.5 | N/A | -59.2% |
| Total | 5.0 | 8.9 | 1.9 | 1.4 | -34.6% |
Top Export Markets for Dry Bean from Algeria in 2022:
- Mauritania (6.5 tons)
- Canada (1.3 tons)
- France (0.2 tons)
This report provides an in-depth analysis of the dry bean 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 176 - Beans, dry
- FCL 203 - Bambara beans
- FCL 195 - Cow peas, dry
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The global market for dry beans has seen significant growth over the years, with several countries emerging as key importers. In this article, we will explore the top five import markets for dry beans, providing key statistics and insights into their import values. The data used in this article is sourced from the IndexBox market intelligence platform. India tops the list of the world's best import markets for dry beans. China comes in a close second. The United States holds the third position. Pakistan ranks fourth. Japan is another important importer. These countries rely on imports to meet their domestic demand for dry beans, driven by factors such as population growth, changing dietary preferences, and limited domestic production. The data used in this article was sourced from the IndexBox market intelligence platform, a reliable source for market statistics and insights.
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