Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria - 2022
Contents:
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria (CIF) - 2022
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria (FOB) - 2022
- Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria
- Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria (CIF) - 2022
In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $2,732 per ton, increasing by 38% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Morocco ($7,220 per ton), while the price for Spain ($918 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria (FOB) - 2022
The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $1,235 per ton in 2022, which is down by -21.1% against the previous year. Over the period under review, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 79%. The export price peaked at $3,570 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,881 per ton), while the average price for exports to Mauritania ($1,070 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 Oman (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria
For the third year in a row, Algeria recorded decline in supplies from abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia, which decreased by -44.7% to 437 tons in 2022. Over the period under review, imports faced a sharp reduction. The smallest decline of -25.7% was in 2021.
In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia shrank sharply to $1.2M in 2022. In general, imports recorded a deep downturn. The smallest decline of -12.8% was in 2021.
Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Morocco | 987 | 1,242 | 1,131 | 579 | -16.3% |
Egypt | 852 | 289 | 207 | 502 | -16.2% |
Spain | 211 | 251 | 216 | 104 | -21.0% |
Others | 12.8 | 16.4 | 14.7 | 7.5 | -16.3% |
Total | 2,062 | 1,799 | 1,569 | 1,193 | -16.7% |
Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Algeria in 2022:
- Egypt (240.6 tons)
- Spain (113.8 tons)
- Morocco (80.2 tons)
Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria
In 2022, the amount of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia exported from Algeria surged to 9.2 tons, rising by 37% against 2021 figures. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,123% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia expanded notably to $11K in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,374%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritania | N/A | N/A | N/A | 7.1 | 0% |
Canada | 1.5 | 0.6 | 2.2 | 2.6 | 20.1% |
Italy | N/A | N/A | N/A | 1.1 | 0% |
United Arab Emirates | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
Oman | 1.9 | N/A | 8.0 | N/A | 105.2% |
Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Total | 3.7 | 0.7 | 10.5 | 11.4 | 45.5% |
Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Algeria in 2022:
- Mauritania (6.7 tons)
- Canada (1.6 tons)
- Italy (0.6 tons)
- United Arab Emirates (0.4 tons)
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