Price for Butter and Other Fats and Oils Derived from Milk in Algeria - 2022
Contents:
- Price for Butter and Other Fats and Oils Derived from Milk in Algeria (CIF) - 2022
- Price for Butter and Other Fats and Oils Derived from Milk in Algeria (FOB) - 2022
- Imports of Butter and Other Fats and Oils Derived from Milk in Algeria
- Exports of Butter and Other Fats and Oils Derived from Milk in Algeria
Price for Butter and Other Fats and Oils Derived from Milk in Algeria (CIF) - 2022
The average import price for butter and other fats and oils derived from milk stood at $4,522 per ton in 2022, dropping by -7.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 47% against the previous year. Over the period under review, average import prices hit record highs at $5,908 per ton in 2018; however, from 2019 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 Ireland ($10,506 per ton), while the price for the Netherlands ($2,295 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Butter and Other Fats and Oils Derived from Milk in Algeria (FOB) - 2022
In 2022, the average export price for butter and other fats and oils derived from milk amounted to $1,853 per ton, declining by -4.3% against the previous year. In general, the export price saw a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 61%. Over the period under review, the average export prices hit record highs at $3,990 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,892 per ton), while the average price for exports to Niger ($1,667 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 Niger (-4.7%).
Imports of Butter and Other Fats and Oils Derived from Milk in Algeria
In 2022, after two years of decline, there was significant growth in purchases abroad of butter and other fats and oils derived from milk, when their volume increased by 6.1% to 4.6K tons. Overall, imports, however, recorded a abrupt setback.
In value terms, imports of butter and other fats and oils derived from milk dropped modestly to $21M in 2022. Over the period under review, imports, however, faced a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 3.2%.
| Import of Butter and Other Fats and Oils Derived from Milk in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 24.9 | 8.1 | 10.8 | 8.2 | -30.9% |
| Argentina | 0.7 | 1.2 | 1.7 | 5.1 | 93.9% |
| Australia | 0.4 | 0.6 | 1.2 | 1.2 | 44.2% |
| Uruguay | 0.3 | 0.9 | 0.9 | 1.0 | 49.4% |
| United States | 1.2 | 1.0 | 0.8 | 0.8 | -12.6% |
| Ireland | 2.7 | 0.5 | 0.5 | 0.5 | -43.0% |
| Spain | 3.1 | 2.0 | 1.1 | 0.4 | -49.5% |
| Netherlands | 0.1 | 0.6 | 0.2 | 0.3 | 44.2% |
| Poland | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| France | 4.1 | 2.9 | 1.3 | 0.2 | -63.5% |
| Belgium | 1.1 | 0.2 | 0.2 | 0.2 | -43.3% |
| Others | 2.5 | 2.2 | 2.3 | 2.7 | 2.6% |
| Total | 41.5 | 20.6 | 21.2 | 20.9 | -20.4% |
Top Suppliers of Butter and Other Fats and Oils Derived from Milk to Algeria in 2022:
- New Zealand (1864.7 tons)
- Argentina (1212.8 tons)
- Australia (336.7 tons)
- Uruguay (247.4 tons)
- United States (234.5 tons)
- Netherlands (114.8 tons)
- Poland (98.4 tons)
- Spain (85.1 tons)
- Belgium (65.0 tons)
- Ireland (47.5 tons)
- France (42.2 tons)
Exports of Butter and Other Fats and Oils Derived from Milk in Algeria
In 2022, after three years of growth, there was significant decline in overseas shipments of butter and other fats and oils derived from milk, when their volume decreased by -10.8% to 44 tons. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 5.7%.
In value terms, exports of butter and other fats and oils derived from milk dropped to $81K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 70%.
| Export of Butter and Other Fats and Oils Derived from Milk in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | N/A | N/A | 81.0 | 0% |
| United Arab Emirates | N/A | 42.8 | 0.2 | 0.1 | -95.2% |
| Kuwait | N/A | N/A | 94.6 | N/A | 0% |
| Niger | 0.1 | 24.4 | 0.1 | N/A | 0.0% |
| Cameroon | 4.2 | N/A | N/A | N/A | 0% |
| Mali | 35.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 39.5 | 67.2 | 94.9 | 81.0 | 27.0% |
Top Export Markets for Butter and Other Fats and Oils Derived from Milk from Algeria in 2022:
- Ireland (43.7 tons)
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This report provides an in-depth analysis of the butter and ghee market in Algeria.
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This report provides an in-depth analysis of the ghee market in Algeria.
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This report provides an in-depth analysis of the butter market in Algeria.
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This report provides an in-depth analysis of the dairy produce market in Algeria.
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This report provides an in-depth analysis of the market for butter and dairy spreads in Algeria.
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This report provides an in-depth analysis of the dairy spread market in Algeria.
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This report provides an in-depth analysis of the global butter and ghee market.
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This report provides an in-depth analysis of the global ghee market.
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This report provides an in-depth analysis of the global butter market.
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This report provides an in-depth analysis of the global dairy produce market.
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Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
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Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
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The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
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The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
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New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
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New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
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This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
2015
The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again
