Algeria: Manuka Market Overview 2021

Manuka Market Size in Algeria

The Algerian manuka market shrank to $X in 2019, waning by -X% against the previous year. In general, the total consumption indicated prominent growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2016 indices. The growth pace was the most rapid in 2009 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Manuka Production in Algeria

In value terms, manuka production declined notably to $X in 2019 estimated in export prices. In general, production, however, recorded a resilient increase. The growth pace was the most rapid in 2008 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2018, and then contracted remarkably in the following year.

Manuka Exports

Exports from Algeria

In 2019, manuka exports from Algeria declined sharply to X kg, dropping by -X% on 2018. In general, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2010 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, manuka exports surged to $X in 2019. Overall, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Canada (X kg) was the main destination for manuka exports from Algeria, accounting for a X% share of total exports. Moreover, manuka exports to Canada exceeded the volume sent to the second major destination, Saudi Arabia (X kg), more than tenfold. The third position in this ranking was occupied by the United Arab Emirates (X kg), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-X% per year) and the United Arab Emirates (+X% per year).

In value terms, Canada ($X) remains the key foreign market for manuka exports from Algeria, comprising X% of total exports. The second position in the ranking was occupied by Qatar ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+X% per year) and the United Arab Emirates (-X% per year).

Export Prices by Country

The average manuka export price stood at $X per tonne in 2019, growing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Qatar ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Senegal, while the prices for the other major destinations experienced more modest paces of growth.

Manuka Imports

Imports into Algeria

In 2019, after two years of decline, there was significant growth in supplies from abroad of manuka, when their volume increased by X% to X tonnes. In general, imports, however, saw a pronounced contraction. Imports peaked at X tonnes in 2009; however, from 2010 to 2019, imports remained at a lower figure.

In value terms, manuka imports soared to $X in 2019. Over the period under review, imports, however, saw a noticeable slump. Over the period under review, imports hit record highs at $X in 2009; however, from 2010 to 2019, imports failed to regain the momentum.

Imports by Country

Spain (X tonnes), Saudi Arabia (X tonnes) and Germany (X tonnes) were the main suppliers of manuka imports to Algeria, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia, while imports for the other leaders experienced a decline.

In value terms, Spain ($X), Saudi Arabia ($X) and Germany ($X) appeared to be the largest manuka suppliers to Algeria, with a combined X% share of total imports.

Saudi Arabia recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2019, the average manuka import price amounted to $X per tonne, stabilizing at the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bulgaria, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for manuka in the world?

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The countries with the highest volumes of manuka consumption in 2019 were China (330K tonnes), the U.S. (252K tonnes) and Turkey (104K tonnes), together accounting for 36% of global consumption. These countries were followed by Canada, Iran, Germany, Russia, Ethiopia, the UK, Japan, France, Spain and Mexico, which together accounted for a further 30%.

What are the largest producers of manuka in the world?

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The country with the largest volume of manuka production was China (444K tonnes), comprising approx. 23% of total volume. Moreover, manuka production in China exceeded the figures recorded by the second-largest producer, Turkey (109K tonnes), fourfold. The third position in this ranking was occupied by Canada (80K tonnes), with a 4.2% share.

What are the leading suppliers of manuka to Algeria?

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In value terms, the largest manuka suppliers to Algeria were Spain ($732K), Saudi Arabia ($644K) and Germany ($631K), with a combined 90% share of total imports.

What are the leading importers of manuka from Algeria?

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In value terms, Canada ($2.2K) remains the key foreign market for manuka exports from Algeria, comprising 83% of total exports. The second position in the ranking was occupied by Qatar ($221), with a 8.4% share of total exports. It was followed by the United Arab Emirates, with a 5.9% share.

What is the average export price for manuka in Algeria?

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In 2019, the average manuka export price amounted to $4,753 per tonne, picking up by 60% against the previous year.

What is the average import price for manuka in Algeria?

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In 2019, the average manuka import price amounted to $3,827 per tonne, approximately equating the previous year.