Algeria: Green Bean Market 2024

Green Bean Market Size in Algeria

The Algerian green bean market fell slightly to $X in 2023, waning by X% against the previous year. Over the period under review, consumption continues to indicate a slight downturn. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Green Bean Production in Algeria

In value terms, green bean production contracted to $X in 2023 estimated in export price. Overall, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

In 2023, the average green bean yield in Algeria declined to X tons per ha, almost unchanged from the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2023, the growth of the average green bean yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the green bean harvested area in Algeria fell to X ha, shrinking by X% against the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to green bean production attained the peak figure at X ha in 2022, and then reduced in the following year.

Green Bean Exports

Exports from Algeria

After two years of growth, overseas shipments of green beans decreased by X% to X tons in 2023. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, green bean exports shrank dramatically to $X in 2023. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for green bean exports from Algeria, accounting for a X% share of total exports. Moreover, green bean exports to Canada exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. The third position in this ranking was held by Spain (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Spain (X% per year).

In value terms, Canada ($X) remains the key foreign market for green beans exports from Algeria, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average green bean export price stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced a decline.

Green Bean Imports

Imports into Algeria

In 2023, imports of green beans into Algeria reduced to X tons, dropping by X% against the previous year's figure. Overall, imports, however, saw a resilient increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, green bean imports declined to $X in 2023. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Belgium (X tons) constituted the largest supplier of green bean to Algeria, accounting for a X% share of total imports. Moreover, green bean imports from Belgium exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was taken by Egypt (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Egypt (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of green beans to Algeria, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Belgium amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and South Korea (X% per year).

Import Prices by Country

The average green bean import price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2021; however, from 2022 to 2023, 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 South Korea ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform