Algeria: Lettuce And Chicory Market Overview 2021

Lettuce And Chicory Market Size in Algeria

In 2020, the Algerian lettuce and chicory market increased by X% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption, however, recorded a significant increase. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level in 2020 and is likely to continue growth in the immediate term.

Lettuce And Chicory Exports

Exports from Algeria

In 2020, exports of lettuce and chicory from Algeria skyrocketed to X kg, jumping by X% on the previous year. Over the period under review, exports, however, continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. As a result, exports reached the peak of X kg. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, lettuce and chicory exports reduced to $X in 2020. In general, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2015 to 2020, the growth exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for lettuce and chicory exports from Algeria, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the United Arab Emirates totaled +X%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for lettuce and chicory exports from Algeria.

From 2007 to 2020, the average annual rate of growth in terms of value to the United Arab Emirates stood at +X%.

Export Prices by Country

The average lettuce and chicory export price stood at $X per tonne in 2020, dropping by -X% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2011 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to -X% per year.

Lettuce And Chicory Imports

Imports into Algeria

In 2020, overseas purchases of lettuce and chicory increased by X% to X tonnes for the first time since 2015, thus ending a four-year declining trend. Over the period under review, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2009 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, lettuce and chicory imports expanded markedly to $X in 2020. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

France (X tonnes) and Spain (X tonnes) were the main suppliers of lettuce and chicory imports to Algeria.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France.

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

From 2007 to 2020, the average annual growth rate of value from Spain amounted to +X%.

Import Prices by Country

The average lettuce and chicory import price stood at $X per tonne in 2020, with an increase of X% against the previous year. In general, import price indicated prominent growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, lettuce and chicory import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is expected to retain growth in years to come.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain.

Source: IndexBox Platform