Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria (CIF) - 2022
In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,639 per ton, falling by -3.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 34%. As a result, import price attained the peak level of $4,176 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($37,222 per ton), while the price for Turkey ($1,400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria (FOB) - 2022
The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $2,455 per ton in 2022, reducing by -11.3% against the previous year. Over the period under review, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 100%. The export price peaked at $7,877 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($9,571 per ton), while the average price for exports to Niger ($681 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 Mauritania (-0.2%), while the prices for the other major destinations experienced a decline.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria
In 2022, after two years of decline, there was significant growth in purchases abroad of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume increased by 12% to 169 tons. In general, imports, however, faced a dramatic curtailment.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses expanded remarkably to $447K in 2022. Overall, imports, however, continue to indicate a dramatic descent.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,009 | 397 | 347 | 365 | -28.7% |
| Egypt | 52.9 | 21.8 | 19.9 | 21.9 | -25.5% |
| Morocco | 27.9 | 13.9 | 14.8 | 16.1 | -16.7% |
| Turkey | 21.9 | 8.6 | 7.5 | 7.9 | -28.8% |
| Others | 85.7 | 37.2 | 26.6 | 36.0 | -25.1% |
| Total | 1,197 | 479 | 415 | 447 | -28.0% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Algeria in 2022:
- Spain (138.6 tons)
- Egypt (11.9 tons)
- Turkey (5.6 tons)
- Morocco (3.5 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria
For the fourth consecutive year, Algeria recorded growth in overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses, which increased by 8.5% to 27 tons in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 75%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses shrank modestly to $66K in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 251%.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 10.6 | 9.1 | 0.2 | 27.7 | 37.7% |
| France | 4.9 | 16.4 | 6.5 | 12.3 | 35.9% |
| Canada | 0.5 | 4.2 | 1.3 | 10.1 | 172.3% |
| Niger | 0.9 | 1.7 | 0.9 | 2.0 | 30.5% |
| Others | 1.0 | 31.6 | 59.3 | 13.4 | 137.5% |
| Total | 18.0 | 63.0 | 68.1 | 65.6 | 53.9% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Algeria in 2022:
- Mauritania (16.7 tons)
- Niger (3.0 tons)
- France (1.4 tons)
- Canada (1.1 tons)
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