Algeria: Vegetable Product Market 2024

Vegetable Product Market Size in Algeria

The Algerian vegetable product market fell modestly to $X in 2022, remaining constant against the previous year. Over the period under review, consumption saw a strong expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Vegetable Product Production in Algeria

In value terms, vegetable product production reduced to $X in 2022 estimated in export price. Over the period under review, production posted a strong expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Vegetable product production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

In 2022, the average yield of vegetable products in Algeria soared to X tons per ha, picking up by X% on the previous year's figure. Overall, the yield enjoyed a temperate increase. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average vegetable product 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.

The vegetable product harvested area in Algeria was estimated at X ha in 2022, with an increase of X% compared with the year before. In general, the harvested area, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the harvested area dedicated to vegetable product production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Vegetable Product Exports

Exports from Algeria

In 2022, vegetable product exports from Algeria was estimated at X tons, increasing by X% against the previous year. Overall, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, vegetable product exports dropped notably to $X in 2022. Over the period under review, exports posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Switzerland (X tons), Spain (X tons) and Italy (X tons) were the main destinations of vegetable product exports from Algeria, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vegetable product exported from Algeria were Spain ($X), Italy ($X) and Switzerland ($X), together comprising X% of total exports.

Switzerland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vegetable product export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price, however, continues to indicate a notable increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood 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 Italy ($X per ton), while the average price for exports to Switzerland ($X 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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Product Imports

Imports into Algeria

In 2022, vegetable product imports into Algeria shrank dramatically to X tons, with a decrease of X% compared with the year before. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, vegetable product imports shrank to $X in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Portugal (X tons), Turkey (X tons) and China (X tons) were the main suppliers of vegetable product imports to Algeria, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of vegetable products to Algeria, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the average vegetable product import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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