Price for Cereals; Oats, Other than Seed in Algeria - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Algeria (CIF) - 2022
- Imports of Cereals; Oats, Other than Seed in Algeria
Price for Cereals; Oats, Other than Seed in Algeria (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $414 per ton in 2022, rising by 28% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; oats, other than seed import price increased by +63.0% against 2020 indices. The growth pace was the most rapid in 2019 an increase of 41% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($483 per ton), while the price for Spain ($328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Algeria
In 2022, purchases abroad of cereals; oats, other than seeds decreased by -93.1% to 791 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 2,970% against the previous year. As a result, imports attained the peak of 16K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; oats, other than seed imports contracted rapidly to $328K in 2022. Overall, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,994% against the previous year. As a result, imports attained the peak of $4M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Cereals; Oats, Other than Seed in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 140 | 456 | 445 | 197 | 12.1% |
Spain | 47.2 | 3,515 | 3,275 | 115 | 34.6% |
Turkey | N/A | N/A | N/A | 15.5 | 0% |
Others | 3.4 | 16.9 | N/A | N/A | 397.1% |
Total | 190 | 3,988 | 3,720 | 328 | 20.0% |
Top Suppliers of Cereals; Oats, Other than Seed to Algeria in 2022:
- Italy (408.3 tons)
- Spain (350.7 tons)
- Turkey (32.0 tons)
This report provides an in-depth analysis of the oat market in Algeria.
This report provides an in-depth analysis of the grain market in Algeria.
This report provides an in-depth analysis of the global oat market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the oat market in Algeria.
This report provides an in-depth analysis of the global oat market.
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