Algeria: Market for Broad Beans And Horse Beans (Dry) 2022

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

In 2021, after four years of growth, there was significant decline in the Algerian market for broad beans and horse beans (dry), when its value decreased by -X% to $X. Over the period under review, consumption saw prominent growth. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted in the following year.

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

In value terms, broad bean and horse bean production declined dramatically to $X in 2021 estimated in export prices. Overall, production continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% year-to-year. Broad bean and horse bean production peaked at $X in 2020, and then reduced remarkably in the following year.

In 2021, the average broad bean and horse bean yield in Algeria stood at X tonnes per ha, with an increase of X% compared with 2020. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 when the yield increased by X% year-to-year. As a result, the yield reached the peak level of X tonnes per ha. From 2019 to 2021, 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.

In 2021, the total area harvested in terms of broad beans and horse beans (dry) production in Algeria amounted to X ha, growing by X% against 2020. The harvested area increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X% against the previous year. The broad bean and horse bean harvested area peaked at X ha in 2019; however, from 2020 to 2021, the harvested area failed to regain momentum.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Algeria

For the fourth year in a row, Algeria recorded growth in overseas shipments of broad beans and horse beans (dry), which increased by X% to X tonnes in 2021. In general, exports recorded significant growth. 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 attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, broad bean and horse bean exports reduced notably to $X in 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. The exports peaked at $X in 2020, and then fell significantly in the following year.

Exports by Country

Canada (X tonnes) and the United Arab Emirates (X tonnes) were the main destinations of broad bean and horse bean exports from Algeria.

From 2012 to 2021, the biggest increases were in the United Arab Emirates (+X value terms, Canada ($X) remains the key foreign market for broad bean and horse bean exports from Algeria, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to +X%.

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per tonne in 2021, dropping by -X% against the previous year. In general, the export price, however, continues to indicate noticeable growth. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per tonne, and then declined dramatically in the following year.

Average prices varied somewhat for the major foreign markets. In 2021, the country with the highest price was Canada ($X per tonne), while the average price for exports to the United Arab Emirates stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+X%).

Imports of Broad Beans And Horse Beans (Dry)

Imports into Algeria

Broad bean and horse bean imports into Algeria soared to X tonnes in 2021, growing by X% compared with the year before. Overall, imports recorded a tangible increase. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2017 to 2021, the growth imports remained at a lower figure.

In value terms, broad bean and horse bean imports skyrocketed to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2021, Egypt (X tonnes) 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, the UK (X tonnes), threefold. The third position in this ranking was occupied by Lebanon (X tonnes), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Egypt totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Lebanon (+X% per year).

In value terms, Egypt ($X) constituted the largest supplier of broad bean and horse bean to Algeria, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by Lebanon, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Egypt totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Lebanon (+X% per year).

Import Prices by Country

In 2021, the average import price for broad beans and horse beans (dry) amounted to $X per tonne, falling by -X% against the previous year. In general, the import price recorded a abrupt descent. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per tonne), while the price for Egypt ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform