Algeria: Buckwheat Market Overview 2021

Buckwheat Market Size in Algeria

In 2019, the Algerian buckwheat market increased by X% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption showed a significant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Buckwheat consumption peaked in 2019 and is expected to retain growth in the near future.

Buckwheat Imports

Imports into Algeria

For the eighth consecutive year, Algeria recorded growth in overseas purchases of buckwheat, which increased by X% to X tonnes in 2019. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, buckwheat imports surged to $X in 2019. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to see steady growth in years to come.

Imports by Country

In 2019, Canada (X tonnes) was the main supplier of buckwheat to Algeria, with a X% share of total imports. Moreover, buckwheat imports from Canada exceeded the figures recorded by the second-largest supplier, Spain (X kg), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume from Canada amounted to +X%.

In value terms, Canada ($X) constituted the largest supplier of buckwheat to Algeria, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Canada amounted to +X%.

Import Prices by Country

The average buckwheat import price stood at $X per tonne in 2019, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Spain ($X per tonne), while the price for Canada amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for buckwheat in the world?

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The countries with the highest volumes of buckwheat consumption in 2019 were China (859K tonnes), Russia (723K tonnes) and France (194K tonnes), together comprising 72% of global consumption. Poland, Ukraine, Japan, the U.S., Brazil, Lithuania and Kazakhstan lagged somewhat behind, together comprising a further 22%.

What are the largest producers of buckwheat in the world?

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The countries with the highest volumes of buckwheat production in 2019 were China (860K tonnes), Russia (786K tonnes) and France (192K tonnes), together comprising 75% of global production. Poland, Ukraine, the U.S., Brazil, Lithuania, Kazakhstan and Japan lagged somewhat behind, together comprising a further 21%.

What are the leading suppliers of buckwheat to Algeria?

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In value terms, Canada ($6.2K) constituted the largest supplier of buckwheat to Algeria, comprising 91% of total imports. The second position in the ranking was occupied by Spain ($366), with a 5.3% share of total imports.

What is the average import price for buckwheat in Algeria?

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The average buckwheat import price stood at $859 per tonne in 2019, increasing by 7.7% against the previous year.