Algeria: Dried Apricot Market Overview 2020

Dried Apricot Market Size in Algeria

The revenue of the dried apricot market in Algeria amounted to $X in 2017, rising by X% against the previous year. Overall, dried apricot consumption continues to indicate a prominent growth. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. Algeria dried apricot consumption peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Dried Apricot Production in Algeria

In 2017, the amount of dried apricots produced in Algeria amounted to X kg, approximately mirroring the previous year. In general, dried apricot production continues to indicate a relatively flat trend pattern.

Dried Apricot Exports from Algeria

In 2017, approx. X tonnes of dried apricots were exported from Algeria; increasing by X% against the previous year. Overall, dried apricot exports continue to indicate a skyrocketing growth. The growth pace was the most rapid in 2017, when exports increased by X% y-o-y. In that year, the dried apricot exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, dried apricot exports stood at $X in 2017. Overall, dried apricot exports continue to indicate an outstanding growth. In that year, the dried apricot exports reached their peak level, and are likely to continue its growth in the immediate term.

Dried Apricot Exports by Country from Algeria

Turkey dominates dried apricot exports structure, reaching X tonnes, which was approx. X% of total exports in 2017. It was distantly followed by Afghanistan (X tonnes), creating X% share of total exports. France (X tonnes) followed a long way behind the leaders.

Turkey experienced a relatively flat trend pattern of dried apricots exports. At the same time, Afghanistan (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, France (-X%) illustrated a downward trend over the same period. While the share of Turkey (X%) increased significantly in terms of the global exports from 2007-2017, the share of Afghanistan (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest dried apricot supplier from Algeria, making up X% of global exports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Afghanistan (+X% per year) and France (-X% per year).

Dried Apricot Export Prices by Country in Algeria

The dried apricot export price in Algeria stood at $X per tonne in 2017, falling by -X% against the previous year. Overall, dried apricot export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the export prices for dried apricots attained their peak level of $X per tonne. From 2015 to 2017, growth of the export prices for dried apricots stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per tonne), while Afghanistan ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Dried Apricot Imports into Algeria

In 2017, dried apricot imports into Algeria amounted to X tonnes, increasing by X% against the previous year. In general, dried apricot imports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2015, when imports increased by X% y-o-y. Algeria imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, dried apricot imports amounted to $X in 2017. Overall, dried apricot imports continue to indicate an outstanding growth. In that year, the dried apricot imports reached their peak level of $X. From 2016 to 2017, growth of the dried apricot imports failed to regain its momentum.

Dried Apricot Imports by Country into Algeria

In 2017, the U.S. (X tonnes), followed by the UK (X tonnes), Russia (X tonnes), Ukraine (X tonnes), Germany (X tonnes), France (X tonnes) and Algeria (X tonnes) represented the major importers of dried apricots, together achieving X% of total imports. Kazakhstan (X tonnes), Australia (X tonnes), Iraq (X tonnes), Egypt (X tonnes) and Brazil (X tonnes) occupied the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Algeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. France, Russia, Australia, Brazil, Kazakhstan, Algeria, Ukraine, Egypt and Iraq lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Algeria (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Dried Apricot Import Prices by Country in Algeria

In 2017, the dried apricot import price in Algeria amounted to $X per tonne, lowering by -X% against the previous year. In general, the import price indicated a moderate growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the dried apricot import price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the import prices for dried apricots reached their peak level of $X per tonne. From 2015 to 2017, growth of the import prices for dried apricots failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform