Algeria: Cow Peas Market Overview 2021

Cow Peas Market Size in Algeria

In 2019, the Algerian cow peas market increased by X% to $X, rising for the second consecutive year after five years of decline. Over the period under review, consumption saw strong growth. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2010; however, from 2011 to 2019, consumption failed to regain the momentum.

Cow Peas Exports

Exports from Algeria

In 2019, the amount of cow peas (dry) exported from Algeria shrank significantly to X kg, falling by -X% on the year before. Over the period under review, exports showed a deep slump. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, cow peas exports contracted remarkably to $X in 2019. Overall, exports recorded a deep reduction. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

The UK (X tonnes) was the main destination for cow peas exports from Algeria, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to the UK was relatively modest.

From 2007 to 2018, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

In 2018, the average cow peas export price amounted to $X per tonne, approximately equating the previous year. In general, the export price recorded a perceptible reduction. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

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

From 2007 to 2018, the rate of growth in terms of prices for the UK amounted to X% per year.

Cow Peas Imports

Imports into Algeria

In 2019, supplies from abroad of cow peas (dry) increased by X% to X tonnes, rising for the second year in a row after five years of decline. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2010; however, from 2011 to 2019, imports remained at a lower figure.

In value terms, cow peas imports amounted to $X in 2019. In general, imports continue to indicate resilient growth. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2010; however, from 2011 to 2019, imports failed to regain the momentum.

Imports by Country

Argentina (X tonnes), the U.S. (X tonnes) and Canada (X tonnes) were the main suppliers of cow peas imports to Algeria, together accounting for X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cow peas suppliers to Algeria were the U.S. ($X), Argentina ($X) and Canada ($X), with a combined X% share of total imports.

In terms of the main suppliers, Argentina recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average cow peas import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cow peas (dry) in the world?

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The countries with the highest volumes of cow peas consumption in 2019 were Nigeria (3.6M tonnes), Niger (2.4M tonnes) and Burkina Faso (651K tonnes), with a combined 71% share of global consumption. These countries were followed by Ethiopia, Kenya, Mali, Cameroon, Ghana, Senegal and Sudan, which together accounted for a further 17%.

What are the largest producers of cow peas (dry) in the world?

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The countries with the highest volumes of cow peas production in 2019 were Nigeria (3.6M tonnes), Niger (2.4M tonnes) and Burkina Faso (652K tonnes), together accounting for 69% of global production. Ethiopia, Kenya, the U.S., Mali, Cameroon, Ghana, Senegal, Uganda, Canada and Sudan lagged somewhat behind, together comprising a further 23%.

What are the leading suppliers of cow peas (dry) to Algeria?

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In value terms, the largest cow peas suppliers to Algeria were the U.S. ($466K), Argentina ($441K) and Canada ($118K), with a combined 90% share of total imports.

What is the average export price for cow peas (dry) in Algeria?

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In 2018, the average cow peas export price amounted to $930 per tonne, approximately equating the previous year.

What is the average import price for cow peas (dry) in Algeria?

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In 2019, the average cow peas import price amounted to $1,110 per tonne, which is down by -19% against the previous year.