Algeria - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Algeria - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights

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Price for Cherry and Sour Cherry in Algeria - 2022

Contents:

  1. Price for Cherry and Sour Cherry in Algeria (CIF) - 2022
  2. Price for Cherry and Sour Cherry in Algeria (FOB) - 2022
  3. Imports of Cherry and Sour Cherry in Algeria
  4. Exports of Cherry and Sour Cherry in Algeria

Price for Cherry and Sour Cherry in Algeria (CIF) - 2022

In 2022, the average cherry and sour cherry import price amounted to $2,633 per ton, reducing by -10% against the previous year. Over the period under review, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 45%. As a result, import price attained the peak level of $3,610 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -1.1% per year.

Price for Cherry and Sour Cherry in Algeria (FOB) - 2022

The average cherry and sour cherry export price stood at $1,499 per ton in 2022, increasing by 72% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. Over the period under review, the average export prices hit record highs at $3,070 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2022, the rate of growth in terms of prices for Canada amounted to +17.2% per year.

Imports of Cherry and Sour Cherry in Algeria

For the third year in a row, Algeria recorded decline in purchases abroad of cherries and sour cherries, which decreased by -0.3% to 6.8 tons in 2022. Overall, imports recorded a relatively flat trend pattern. The smallest decline of -0.3% was in 2020.

In value terms, cherry and sour cherry imports dropped to $18K in 2022. In general, imports continue to indicate a abrupt downturn. The smallest decline of -10.2% was in 2020.

Import of Cherry and Sour Cherry in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain24.919.113.313.5-18.5%
OthersN/A3.26.74.518.6%
Total24.922.320.118.0-10.3%

Top Suppliers of Cherry and Sour Cherry to Algeria in 2022:

  1. Spain (4.5 tons)

Exports of Cherry and Sour Cherry in Algeria

In 2022, shipments abroad of cherries and sour cherries decreased by -4.1% to 914 kg, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 560%. As a result, the exports reached the peak of 3.4 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cherry and sour cherry exports soared to $1.4K in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 475%. As a result, the exports attained the peak of $2.8K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Cherry and Sour Cherry in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates4925194121,37040.7%
SwitzerlandN/A2,311417N/A-82.0%
OthersN/AN/AN/AN/A0%
Total4922,8308291,37040.7%

Top Export Markets for Cherry and Sour Cherry from Algeria in 2022:

  1. United Arab Emirates (914.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cherry and sour cherry in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 530 - Sour cherries
  • FCL 531 - Cherries

Country coverage:

  • Algeria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Algeria
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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