
Algeria - Canary Seed - Market Analysis, Forecast, Size, Trends and Insights
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Algeria: Canary Seed Market Overview 2021
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Canary Seed Market Size in Algeria
The Algerian canary seed market skyrocketed to $X in 2019, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a resilient expansion. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level in 2019 and is likely to see gradual growth in the near future.
Canary Seed Imports
Imports into Algeria
Canary seed imports into Algeria skyrocketed to X tonnes in 2019, growing by X% compared with the year before. Over the period under review, imports saw prominent growth. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the immediate term.
In value terms, canary seed imports surged to $X in 2019. In general, imports showed a buoyant increase. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Imports peaked in 2019 and are expected to retain growth in years to come.
Imports by Country
In 2019, Canada (X tonnes) was the main canary seed supplier to Algeria, with a X% share of total imports. It was followed by Spain (X tonnes), with a X% share of total imports.
From 2007 to 2019, the average annual rate of growth in terms of volume from Canada stood at +X%.
In value terms, Canada ($X) constituted the largest supplier of canary seed 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
In 2019, the average canary seed import price amounted to $X per tonne, with an increase of X% against the previous year. In general, import price indicated a modest increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, canary seed import price decreased by -X% against 2013 indices. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.
Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per tonne), while the price for Canada stood at $X per tonne.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for canary seed in the world?+
The countries with the highest volumes of canary seed consumption in 2019 were Thailand (39K tonnes), Mexico (37K tonnes) and Brazil (29K tonnes), together accounting for 36% of global consumption. Argentina, Belgium, Spain, Indonesia, Colombia, Italy, the U.S., Australia, Canada and Algeria lagged somewhat behind, together comprising a further 40%.
What are the largest producers of canary seed in the world?+
Canada (175K tonnes) remains the largest canary seed producing country worldwide, comprising approx. 61% of total volume. Moreover, canary seed production in Canada exceeded the figures recorded by the second-largest producer, Argentina (41K tonnes), fourfold. Thailand (39K tonnes) ranked third in terms of total production with a 14% share.
What are the leading suppliers of canary seed to Algeria?+
In value terms, Canada ($2.7M) constituted the largest supplier of canary seed to Algeria, comprising 96% of total imports. The second position in the ranking was occupied by Spain ($105K), with a 3.7% share of total imports.
What is the average import price for canary seed in Algeria?+
In 2019, the average canary seed import price amounted to $586 per tonne, picking up by 12% against the previous year.
This report provides an in-depth analysis of the canary seed market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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