Price for Buckwheat, Millet and Canary Seed; Other Cereals in Algeria - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Algeria (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Algeria (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Algeria
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Algeria
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Algeria (CIF) - 2022
In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $819 per ton, picking up by 44% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for buckwheat, millet and canary seed; other cerealses increased by +79.2% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Canada ($982 per ton), while the price for Ukraine ($268 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Algeria (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $318 per ton, with an increase of 16% against the previous year. Overall, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 28%. As a result, the export price attained the peak level of $836 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($974 per ton), while the average price for exports to Mauritania amounted to $288 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+46.9%).
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Algeria
For the fourth consecutive year, Algeria recorded growth in supplies from abroad of buckwheat, millet and canary seed; other cerealses, which increased by 5.5% to 12K tons in 2022. The total import volume increased at an average annual rate of +14.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 41%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of buckwheat, millet and canary seed; other cerealses surged to $10M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3,070 | 3,945 | 4,687 | 8,439 | 40.1% |
| India | 442 | 605 | 199 | 730 | 18.2% |
| Spain | 144 | 342 | 486 | 189 | 9.5% |
| Egypt | 178 | 181 | 179 | 181 | 0.6% |
| Russia | 8.1 | 11.2 | 18.8 | 80.0 | 114.6% |
| Ukraine | 75.2 | 191 | 325 | 71.1 | -1.9% |
| United States | 69.9 | 169 | 175 | 44.3 | -14.1% |
| Others | 546 | 468 | 587 | 363 | -12.7% |
| Total | 4,534 | 5,913 | 6,656 | 10,097 | 30.6% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Algeria in 2022:
- Canada (8.6K tons)
- India (2.0K tons)
- Ukraine (0.3K tons)
- Egypt (0.3K tons)
- Russia (0.3K tons)
- Spain (0.3K tons)
- United States (0.1K tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Algeria
In 2022, overseas shipments of buckwheat, millet and canary seed; other cerealses decreased by less than 0.1% to 139 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 4,068%. As a result, the exports attained the peak of 139 tons, leveling off in the following year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses skyrocketed to $44K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,885% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | N/A | N/A | 22.7 | 38.4 | 69.2% |
| Niger | 0.4 | 1.9 | 15.5 | 5.7 | 142.4% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 0.4 | 1.9 | 38.2 | 44.1 | 379.5% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Algeria in 2022:
- Mauritania (133.1 tons)
- Niger (5.9 tons)
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