
Algeria - Dried Grapes - Market Analysis, Forecast, Size, Trends and Insights
Algeria: Dried Grapes Market 2023
Dried Grapes Market Size in Algeria
The Algerian dried grapes market reduced dramatically to $X in 2021, falling by -44.7% against the previous year. Over the period under review, consumption showed a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.
Dried Grapes Production in Algeria
In value terms, dried grapes production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 31%. Over the period under review, production hit record highs at $X in 2020, and then declined slightly in the following year.
Dried Grapes Imports
Imports into Algeria
In 2021, dried grapes imports into Algeria declined markedly to X tons, falling by -31.4% compared with the previous year. In general, imports showed a perceptible reduction. The growth pace was the most rapid in 2017 when imports increased by 32% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.
In value terms, dried grapes imports contracted markedly to $X in 2021. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2014 when imports increased by 28%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, South Africa (X tons) constituted the largest supplier of dried grapes to Algeria, accounting for a 63% share of total imports. Moreover, dried grapes imports from South Africa exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Chile (X tons) ranked third in terms of total imports with a 5.1% share.
From 2012 to 2021, the average annual growth rate of volume from South Africa was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-6.1% per year) and Chile (+5.4% per year).
In value terms, South Africa ($X), Turkey ($X) and Chile ($X) appeared to be the largest dried grapes suppliers to Algeria, together accounting for 93% of total imports. These countries were followed by Spain, India and the United Arab Emirates, which together accounted for a further 6.4%.
Spain, with a CAGR of +8.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
The average dried grapes import price stood at $X per ton in 2021, shrinking by -34.1% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 19% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the dried grapes 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 2030.
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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