Spices; Mixtures Price in Algeria - 2022
Contents:
- Spices; Mixtures Price in Algeria (CIF) - 2022
- Spices; Mixtures Price in Algeria (FOB) - 2022
- Spices; Mixtures Imports in Algeria
- Spices; Mixtures Exports in Algeria
Spices; Mixtures Price in Algeria (CIF) - 2022
In 2022, the average spices; mixtures import price amounted to $2,512 per ton, picking up by 9.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 27%. As a result, import price reached the peak level of $2,811 per ton. From 2021 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 Egypt ($6,827 per ton), while the price for Tunisia ($1,383 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Mixtures Price in Algeria (FOB) - 2022
In 2022, the average spices; mixtures export price amounted to $1,920 per ton, dropping by -14.1% against the previous year. Over the period under review, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 116% against the previous year. As a result, the export price attained the peak level of $8,004 per ton. From 2018 to 2022, the average 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 ($4,466 per ton), while the average price for exports to the United Arab Emirates ($1,411 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 Canada (+5.5%), while the prices for the other major destinations experienced a decline.
Spices; Mixtures Imports in Algeria
In 2022, the amount of spices; mixtureses imported into Algeria dropped dramatically to 429 tons, shrinking by -33.1% compared with the previous year's figure. Overall, imports, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 161% against the previous year. As a result, imports reached the peak of 641 tons, and then contracted dramatically in the following year.
In value terms, spices; mixtures imports fell rapidly to $1.1M in 2022. Over the period under review, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 112% against the previous year. As a result, imports reached the peak of $1.5M, and then fell remarkably in the following year.
| Import of Spices; Mixtures in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 248 | 215 | 334 | 400 | 17.3% |
| Egypt | 191 | 129 | 468 | 131 | -11.8% |
| Belgium | 174 | 141 | 284 | 128 | -9.7% |
| Spain | 5.6 | 4.7 | 6.9 | 14.6 | 37.6% |
| Others | 238 | 200 | 372 | 404 | 19.3% |
| Total | 856 | 691 | 1,465 | 1,078 | 8.0% |
Top Suppliers of Spices; Mixtures to Algeria in 2022:
- Tunisia (289.2 tons)
- Belgium (42.6 tons)
- Egypt (19.1 tons)
- Spain (5.8 tons)
Spices; Mixtures Exports in Algeria
In 2022, overseas shipments of spices; mixtureses decreased by -14.3% to 5.4 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 100% against the previous year.
In value terms, spices; mixtures exports shrank significantly to $10K in 2022. Over the period under review, exports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 with an increase of 112%. As a result, the exports attained the peak of $14K, and then contracted sharply in the following year.
| Export of Spices; Mixtures in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.8 | 2.5 | 2.3 | 4.3 | -9.5% |
| Canada | 0.1 | 1.4 | 1.1 | 1.4 | 141.0% |
| Oman | N/A | N/A | N/A | 0.4 | 0% |
| United Arab Emirates | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
| Others | N/A | 2.6 | 10.7 | 4.3 | 28.6% |
| Total | 6.2 | 6.7 | 14.2 | 10.5 | 19.2% |
Top Export Markets for Spices; Mixtures from Algeria in 2022:
- France (2.5 tons)
- Canada (0.3 tons)
- Oman (0.1 tons)
- United Arab Emirates (0.1 tons)
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