Spices; Saffron Price in Algeria - 2022
Contents:
- Spices; Saffron Price in Algeria (CIF) - 2022
- Spices; Saffron Price in Algeria (FOB) - 2022
- Spices; Saffron Imports in Algeria
- Spices; Saffron Exports in Algeria
Spices; Saffron Price in Algeria (CIF) - 2022
The average spices; saffron import price stood at $255,083 per ton in 2022, jumping by 34% against the previous year. In general, the import price posted temperate growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 155% against the previous year. The import price peaked at $480,848 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($758,000 per ton), while the price for Austria ($9,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Spices; Saffron Price in Algeria (FOB) - 2022
In 2022, the average spices; saffron export price amounted to $53,600 per ton, falling by -29.5% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 70% against the previous year. As a result, the export price attained the peak level of $571,333 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($80,667 per ton), while the average price for exports to Germany ($6,000 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 France (-2.3%).
Spices; Saffron Imports in Algeria
In 2022, purchases abroad of spices; saffra was finally on the rise to reach 12 kg after two years of decline. In general, imports, however, showed a deep reduction.
In value terms, spices; saffron imports skyrocketed to $3.1K in 2022. Overall, imports, however, faced a sharp downturn.
Import of Spices; Saffron in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 1.6 | 2.5 | 1.2 | 2.1 | 9.5% |
India | 1.3 | 1.3 | 0.3 | 0.8 | -14.9% |
Iran | 0.3 | 0.4 | 0.1 | 0.2 | -12.6% |
Austria | N/A | N/A | N/A | N/A | 0% |
United Arab Emirates | 3.3 | N/A | 0.3 | N/A | -69.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 6.5 | 4.2 | 1.9 | 3.1 | -21.9% |
Top Suppliers of Spices; Saffron to Algeria in 2022:
- Pakistan (9.0 kg)
- Austria (1.0 kg)
- India (1.0 kg)
- Iran (1.0 kg)
Spices; Saffron Exports in Algeria
Spices; saffron exports from Algeria skyrocketed to 5 kg in 2022, growing by 400% compared with the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern.
In value terms, spices; saffron exports skyrocketed to $268 in 2022. Overall, exports, however, recorded a dramatic slump.
Export of Spices; Saffron in Algeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,133 | 460 | 76.0 | 242 | -40.2% |
Portugal | N/A | N/A | N/A | 20.0 | 0% |
Germany | N/A | N/A | N/A | 6.0 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,133 | 460 | 76.0 | 268 | -38.2% |
Top Export Markets for Spices; Saffron from Algeria in 2022:
- France (3.0 kg)
- Germany (1.0 kg)
- Portugal (1.0 kg)
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