Algeria: Overview of the Market for Broad Beans And Horse Beans (Dry) 2021

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

For the fourth year in a row, the Algerian market for broad beans and horse beans (dry) recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption continues to indicate resilient growth. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Broad bean and horse bean consumption peaked in 2020 and is likely to continue growth in years to come.

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

In value terms, broad bean and horse bean production soared to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2020 and is expected to retain growth in the near future.

The average yield of broad beans and horse beans (dry) in Algeria rose modestly to X tonnes per ha in 2020, increasing by X% on the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2009 when the yield increased by X% y-o-y. The broad bean and horse bean yield peaked in 2020 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of broad beans and horse beans (dry) were harvested in Algeria; growing by X% on the year before. The harvested area increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to broad bean and horse bean production attained the maximum in 2020 and is likely to see steady growth in years to come.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Algeria

In 2020, the amount of broad beans and horse beans (dry) exported from Algeria skyrocketed to X tonnes, with an increase of X% compared with the previous year's figure. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, exports hit record highs in 2020 and are likely to see steady growth in years to come.

In value terms, broad bean and horse bean exports skyrocketed to $X in 2020. In general, exports recorded a significant increase. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in years to come.

Exports by Country

Canada (X tonnes) was the main destination for broad bean and horse bean exports from Algeria, with a X% share of total exports. Moreover, broad bean and horse bean exports to Canada exceeded the volume sent to the second major destination, the United Arab Emirates (X tonnes), fivefold.

From 2007 to 2020, the average annual growth rate of volume to Canada amounted to +X%.

In 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 2007 to 2020, the average annual rate of growth in terms of value to Canada amounted to +X%.

Export Prices by Country

In 2020, the average export price for broad beans and horse beans (dry) amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per tonne), while the average price for exports to the United Arab Emirates totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Algeria

In 2020, broad bean and horse bean imports into Algeria dropped remarkably to X tonnes, reducing by -X% on 2019 figures. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, broad bean and horse bean imports shrank remarkably to $X in 2020. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2017 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Egypt (X tonnes), the UK (X tonnes) and Tunisia (X tonnes) were the main suppliers of broad bean and horse bean imports to Algeria, with a combined X% share of total imports. These countries were followed by Lebanon and Spain, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon, while imports for the other leaders experienced mixed trend patterns.

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 Spain, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Egypt stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Spain (-X% per year).

Import Prices by Country

In 2020, the average import price for broad beans and horse beans (dry) amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, import price indicated a modest expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, broad bean and horse bean import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Tunisia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for broad beans and horse beans (dry) in the world?

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The countries with the highest volumes of broad bean and horse bean consumption in 2020 were China (1.7M tonnes), Ethiopia (1M tonnes) and the UK (494K tonnes), together comprising 59% of global consumption.

What are the largest producers of broad beans and horse beans (dry) in the world?

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The countries with the highest volumes of broad bean and horse bean production in 2020 were China (1.8M tonnes), Ethiopia (1M tonnes) and the UK (626K tonnes), with a combined 61% share of global production. These countries were followed by Australia, Germany, France, Sudan, Italy, Lithuania, Peru and Egypt, which together accounted for a further 26%.

What are the leading suppliers of broad beans and horse beans (dry) to Algeria?

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In value terms, Egypt ($507K) constituted the largest supplier of broad bean and horse bean to Algeria, comprising 43% of total imports. The second position in the ranking was occupied by the UK ($223K), with a 19% share of total imports. It was followed by Spain, with a 15% share.

What are the leading importers of broad beans and horse beans (dry) from Algeria?

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In value terms, Canada ($6.7K) remains the key foreign market for broad bean and horse bean exports from Algeria, comprising 94% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($395), with a 5.6% share of total exports.

What is the average export price for broad beans and horse beans (dry) in Algeria?

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In 2020, the average export price for broad beans and horse beans (dry) amounted to $1,221 per tonne, jumping by 36% against the previous year.

What is the average import price for broad beans and horse beans (dry) in Algeria?

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In 2020, the average import price for broad beans and horse beans (dry) amounted to $825 per tonne, with a decrease of -7% against the previous year.

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