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.

Source: IndexBox Market Intelligence Platform

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