Algeria: Cotton-Seed Oil Market 2022

Cotton-Seed Oil Market Size in Algeria

In 2021, the Algerian cotton-seed oil market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption recorded resilient growth. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Cotton-Seed Oil Exports

Exports from Algeria

In 2020, overseas shipments of cotton-seed oil decreased by -X% to X kg, falling for the second year in a row after two years of decline. Overall, exports recorded a abrupt downturn. As a result, the exports attained the peak of X tons. From 2019 to 2020, the growth of the exports failed to regain momentum.

In value terms, cotton-seed oil exports dropped rapidly to $X in 2020. Over the period under review, exports showed a dramatic contraction. As a result, the exports reached the peak of $X. From 2019 to 2020, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X kg) was the main destination for cotton-seed oil exports from Algeria, with a approx. X% share of total exports.

From 2016 to 2020, the average annual growth rate of volume to Spain was relatively modest.

From 2016 to 2020, the average annual rate of growth in terms of value to Spain was relatively modest.

Export Prices by Country

The average cotton-seed oil export price stood at $X per ton in 2020, picking up by X% against the previous year. Overall, the export price, however, recorded a significant decrease. The export price peaked at $X per ton in 2016; however, from 2017 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2016 to 2020, the rate of growth in terms of prices for Spain amounted to X% per year.

Cotton-Seed Oil Imports

Imports into Algeria

After two years of growth, supplies from abroad of cotton-seed oil decreased by -X% to X tons in 2021. In general, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, cotton-seed oil imports dropped to $X in 2021. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Spain (X tons) and France (X tons) were the main suppliers of cotton-seed oil imports to Algeria.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +X value terms, France ($X) constituted the largest supplier of cotton-seed oil to Algeria, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled +X%.

Import Prices by Country

The average cotton-seed oil import price stood at $X per ton in 2021, waning by -X% against the previous year. Overall, the import price, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%).

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :