Algeria: Market for Broad Beans And Horse Beans (Dry) 2024

Market Size for Broad Beans And Horse Beans (Dry) in Algeria

The Algerian market for broad beans and horse beans (dry) expanded sharply to $X in 2022, growing by X% against the previous year. In general, consumption saw strong growth. Broad bean and horse bean consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Broad Beans And Horse Beans (Dry) in Algeria

In value terms, broad bean and horse bean production rose notably to $X in 2022 estimated in export price. Over the period under review, production posted a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Broad bean and horse bean production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of broad beans and horse beans (dry) in Algeria skyrocketed to X tons per ha in 2022, surging by X% compared with 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average broad bean and horse bean yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The broad bean and horse bean harvested area in Algeria declined modestly to X ha in 2022, dropping by X% against the year before. In general, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to broad bean and horse bean production attained the maximum at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

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Exports of Broad Beans And Horse Beans (Dry)

Exports from Algeria

In 2022, after two years of growth, there was significant decline in overseas shipments of broad beans and horse beans (dry), when their volume decreased by X% to X tons. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, broad bean and horse bean exports dropped to $X in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for broad bean and horse bean exports from Algeria, accounting for a X% share of total exports. Moreover, broad bean and horse bean exports to France exceeded the volume sent to the second major destination, Canada (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at X%.

In value terms, the largest markets for broad bean and horse bean exported from Algeria were France ($X) and Canada ($X).

France, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average export price for broad beans and horse beans (dry) amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($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%).

Imports of Broad Beans And Horse Beans (Dry)

Imports into Algeria

In 2022, after three years of growth, there was decline in supplies from abroad of broad beans and horse beans (dry), when their volume decreased by X% to X tons. Over the period under review, imports, however, continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, broad bean and horse bean imports reduced to $X in 2022. Overall, imports recorded a mild decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest supplier of broad bean and horse bean to Algeria, with a X% share of total imports. Moreover, broad bean and horse bean imports from Egypt exceeded the figures recorded by the second-largest supplier, Tunisia (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (X% per year) and Italy (X% per year).

In value terms, Egypt ($X) constituted the largest supplier of broad beans and horse beans (dry) to Algeria, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with an X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Egypt stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price showed a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform