Report Update Apr 1, 2024

Algeria - Bananas - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Banana Market 2024

Banana Market Size in Algeria

The Algerian banana market surged to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, showed a perceptible setback. Banana consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Banana Production in Algeria

In value terms, banana production fell to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average banana yield in Algeria contracted to X tons per ha, dropping by X% compared with the year before. Overall, the yield saw a mild setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The banana harvested area in Algeria expanded rapidly to X ha in 2022, rising by X% compared with 2021. In general, the harvested area, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2016 when the harvested area increased by X% against the previous year. The banana harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Banana Exports

Exports from Algeria

In 2021, approx. X tons of bananas were exported from Algeria; shrinking by X% compared with the previous year. In general, exports, however, continue to indicate a significant expansion. The exports peaked at X tons in 2020, and then fell remarkably in the following year.

In value terms, banana exports reduced markedly to $X in 2021. Over the period under review, exports, however, enjoyed significant growth. The exports peaked at $X in 2020, and then contracted significantly in the following year.

Exports by Country

Switzerland (X tons) was the main destination for banana exports from Algeria, with a approx. X% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of volume to Switzerland stood at X%.

In value terms, Switzerland ($X) emerged as the key foreign market for bananas exports from Algeria.

From 2014 to 2021, the average annual growth rate of value to Switzerland totaled X%.

Export Prices by Country

In 2021, the average banana export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced setback. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2014 to 2021, the rate of growth in terms of prices for Switzerland amounted to X% per year.

Banana Imports

Imports into Algeria

Banana imports into Algeria soared to X tons in 2022, rising by X% against 2021. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, banana imports surged to $X in 2022. Overall, imports, however, recorded a pronounced setback. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Ecuador (X tons) was the main banana supplier to Algeria, with a X% share of total imports. It was followed by Colombia (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Ecuador amounted to X%.

In value terms, Ecuador ($X) constituted the largest supplier of bananas to Algeria, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Ecuador totaled X%.

Import Prices by Country

In 2022, the average banana import price amounted to $X per ton, reducing by X% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 Ecuador ($X per ton), while the price for Colombia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas in the world?

The country with the largest volume of banana consumption was India, comprising approx. 26% of total volume. Moreover, banana consumption in India exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was taken by Indonesia, with a 6.7% share.

What are the largest producers of bananas in the world?

India remains the largest banana producing country worldwide, accounting for 26% of total volume. Moreover, banana production in India exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was held by Ecuador, with a 7.2% share.

What are the leading suppliers of bananas to Algeria?

In value terms, Ecuador constituted the largest supplier of bananas to Algeria, comprising 98% of total imports. The second position in the ranking was taken by Colombia, with a 1.7% share of total imports.

What are the leading importers of bananas from Algeria?

In value terms, Switzerland emerged as the key foreign market for bananas exports from Algeria.

What is the average export price for bananas in Algeria?

The average banana export price stood at $957 per ton in 2021, surging by 18% against the previous year.

What is the average import price for bananas in Algeria?

The average banana import price stood at $462 per ton in 2022, reducing by -3.8% against the previous year.

This report provides an in-depth analysis of the banana 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 486 - Bananas

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023