Algeria - Chestnut - Market Analysis, Forecast, Size, Trends and Insights

Algeria: Chestnut Market Overview 2020

Chestnut Market Size in Algeria

The revenue of the chestnut market in Algeria amounted to $X in 2018, remaining relatively unchanged against the previous year. In general, chestnut consumption continues to indicate outstanding growth. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. Chestnut consumption peaked at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.

Chestnut Production in Algeria

In value terms, chestnut production totaled $X in 2018 estimated in export prices. Overall, chestnut production continues to indicate prominent growth. The pace of growth appeared the most rapid in 2014 when production volume increased by X% y-o-y. Over the period under review, chestnut production attained its maximum level in 2018 and is expected to retain its growth in the immediate term.

Average yield of chestnuts in Algeria stood at X kg per ha in 2018, leveling off at the previous year. In general, the chestnut yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the chestnut harvested area in Algeria stood at X ha, standing approx. at the previous year. In general, the chestnut harvested area continues to indicate a relatively flat trend pattern.

Chestnut Exports

Exports from Algeria

In 2018, the exports of chestnuts from Algeria amounted to X tonnes, reducing by -X% against the previous year. Over the period under review, chestnut exports continue to indicate a precipitous downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, chestnut exports stood at $X in 2018. Overall, chestnut exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. In that year, chestnut exports attained their peak of $X. From 2015 to 2018, the growth of chestnut exports remained at a lower figure.

Exports by Country

Italy (X tonnes) was the main destination for chestnut exports from Algeria, accounting for a X% share of total exports. Moreover, chestnut exports to Italy exceeded the volume sent to the second major destination, Tunisia (X tonnes), fivefold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Italy amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (-X% per year) and France (+X% per year).

In value terms, Italy ($X) remains the key foreign market for chestnut exports from Algeria, comprising X% of total chestnut exports. The second position in the ranking was occupied by Tunisia ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (-X% per year) and France (-X% per year).

Export Prices by Country

The average chestnut export price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, the chestnut export price continues to indicate outstanding growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for chestnuts attained their maximum in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Italy ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X% per year), while the prices for the other major destinations experienced mixed trend patterns.

Chestnut Imports

Imports into Algeria

In 2018, approx. X tonnes of chestnuts were imported into Algeria; going up by X% against the previous year. In general, chestnut imports continue to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, chestnut imports attained their peak figure in 2018 and are likely to continue its growth in the near future.

In value terms, chestnut imports stood at $X in 2018. Overall, chestnut imports continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, Spain (X tonnes) constituted the largest supplier of chestnut to Algeria, accounting for a X% share of total imports. Moreover, chestnut imports from Spain exceeded the figures recorded by the second-largest supplier, France (X kg), eightfold.

From 2007 to 2018, the average annual growth rate of volume from Spain totaled +X%.

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

From 2007 to 2018, the average annual rate of growth in terms of value from Spain totaled +X%.

Import Prices by Country

In 2018, the average chestnut import price amounted to $X per tonne, stabilizing at the previous year. In general, the chestnut import price continues to indicate a drastic deduction. The pace of growth was the most pronounced in 2015 an increase of X% y-o-y. Over the period under review, the average import prices for chestnuts attained their maximum at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain.

Source: IndexBox AI Platform