Algeria: Apricot Market 2024

Apricot Market Size in Algeria

The Algerian apricot market shrank to $X in 2022, declining by X% against the previous year. Overall, consumption saw a noticeable decrease. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Apricot Production in Algeria

In value terms, apricot production fell to $X in 2022 estimated in export price. In general, production saw a perceptible decrease. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Apricot production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

In 2022, the average yield of apricots in Algeria dropped slightly to X tons per ha, which is down by X% on 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average apricot yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the apricot harvested area in Algeria reduced to X ha, therefore, remained relatively stable against 2021 figures. In general, the harvested area showed a noticeable setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to apricot production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Apricot Exports

Exports from Algeria

In 2022, after two years of growth, there was significant decline in shipments abroad of apricots, when their volume decreased by X% to X tons. Over the period under review, exports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, apricot exports shrank to $X in 2022. Overall, exports recorded a noticeable shrinkage. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) and France (X kg) were the main destinations of apricot exports from Algeria.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%).

In value terms, the largest markets for apricot exported from Algeria were the United Arab Emirates ($X) and France ($X).

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average apricot export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to France totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced mixed trend patterns.

Apricot Imports

Imports into Algeria

In 2022, purchases abroad of apricots was finally on the rise to reach X tons after four years of decline. In general, imports, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, apricot imports rose modestly to $X in 2022. Overall, imports continue to indicate a noticeable expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest apricot supplier to Algeria, accounting for a X% share of total imports. Moreover, apricot imports from Turkey exceeded the figures recorded by the second-largest supplier, Chile (X tons), more than tenfold. The third position in this ranking was held by South Africa (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and South Africa (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of apricots to Algeria, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and South Africa (X% per year).

Import Prices by Country

The average apricot import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, apricot import price increased by X% against 2016 indices. The growth pace was the most rapid in 2015 an increase of X%. The import price peaked at $X per ton in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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