Price for Vegetable Products Not Elsewhere Specified or Included in Algeria - 2022
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Algeria (CIF) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Algeria (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in Algeria
- Exports of Vegetable Products Not Elsewhere Specified or Included in Algeria
Price for Vegetable Products Not Elsewhere Specified or Included in Algeria (CIF) - 2022
In 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $3,035 per ton, with an increase of 104% against the previous year. Over the period under review, the import price enjoyed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,004 per ton), while the price for Tunisia ($604 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 (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetable Products Not Elsewhere Specified or Included in Algeria (FOB) - 2022
In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $1,352 per ton, surging by 41% against the previous year. Overall, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2021 when the average export price increased by 44%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($1,313 per ton), while the average price for exports to Spain ($511 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 China (+55.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Products Not Elsewhere Specified or Included in Algeria
In 2022, the amount of vegetable products not elsewhere specified or includeds imported into Algeria contracted markedly to 236 tons, waning by -58.2% compared with the previous year. In general, imports saw a precipitous contraction. The smallest decline of -42.9% was in 2021.
In value terms, imports of vegetable products not elsewhere specified or includeds contracted sharply to $565K in 2022. Overall, imports saw a precipitous shrinkage. The smallest decline of -29% was in 2020.
| Import of Vegetable Products Not Elsewhere Specified or Included in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 430 | 310 | 206 | 182 | -24.9% |
| Pakistan | 472 | 320 | 124 | 114 | -37.7% |
| Spain | 104 | 78.9 | 145 | 109 | 1.6% |
| United States | 59.8 | 59.2 | 64.9 | 56.3 | -2.0% |
| India | 618 | 490 | 175 | 18.6 | -68.9% |
| Yemen | 15.3 | 13.0 | 12.2 | 9.1 | -15.9% |
| Niger | 5.2 | 1.5 | 0.7 | 3.3 | -14.1% |
| Tunisia | 221 | 108 | 26.8 | 1.7 | -80.3% |
| Turkey | 77.4 | 35.8 | 17.5 | 1.1 | -75.8% |
| Others | 109 | 81.3 | 68.2 | 70.5 | -13.5% |
| Total | 2,111 | 1,498 | 840 | 565 | -35.6% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Algeria in 2022:
- Egypt (105.6 tons)
- Pakistan (62.3 tons)
- United States (18.0 tons)
- Spain (15.5 tons)
- Yemen (9.3 tons)
- India (7.5 tons)
- Niger (4.7 tons)
- Tunisia (2.8 tons)
- Turkey (0.7 tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in Algeria
In 2022, exports of vegetable products not elsewhere specified or includeds from Algeria skyrocketed to 22 tons, picking up by 27% on 2021 figures. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 213%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of vegetable products not elsewhere specified or includeds surged to $27K in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 241% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Vegetable Products Not Elsewhere Specified or Included in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 8.3 | N/A | 24.5 | 71.8% |
| Niger | 0.5 | 0.3 | 0.4 | 1.1 | 30.1% |
| Spain | 1.8 | 0.6 | 0.5 | 0.9 | -20.6% |
| France | 0.7 | 0.2 | 0.1 | 0.2 | -34.1% |
| Morocco | N/A | 2.8 | 15.2 | N/A | 442.9% |
| Others | 0.5 | 0.2 | 0.1 | 0.2 | -26.3% |
| Total | 3.6 | 12.3 | 16.3 | 26.8 | 95.3% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Algeria in 2022:
- China (18.9 tons)
- Spain (1.8 tons)
- Niger (0.8 tons)
- France (0.2 tons)
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