
Algeria - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
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Algeria: Poppy Seed Market Overview 2021
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Poppy Seed Market Size in Algeria
In 2019, the Algerian poppy seed market was finally on the rise to reach $X after five years of decline. In general, consumption enjoyed a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Poppy Seed Exports
Exports from Algeria
Poppy seed exports from Algeria reduced rapidly to X kg in 2019, which is down by -X% compared with 2018. In general, exports continue to indicate a relatively flat trend pattern. Exports peaked at X kg in 2018, and then shrank sharply in the following year.
In value terms, poppy seed exports contracted remarkably to $X in 2019. Over the period under review, exports showed a relatively flat trend pattern. Exports peaked at $X in 2018, and then contracted rapidly in the following year.
Exports by Country
Germany (X kg) was the main destination for poppy seed exports from Algeria, accounting for a approx. X% share of total exports.
From 2007 to 2018, the average annual growth rate of volume to Germany was relatively modest.
From 2007 to 2018, the average annual growth rate of value to Germany was relatively modest.
Export Prices by Country
In 2018, the average poppy seed export price amounted to $X per tonne, approximately equating the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked in 2018 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2007 to 2018, the rate of growth in terms of prices for Germany amounted to X% per year.
Poppy Seed Imports
Imports into Algeria
After two years of decline, overseas purchases of poppy seed increased by X% to X tonnes in 2019. Overall, imports recorded a strong increase. Imports peaked at X tonnes in 2011; however, from 2012 to 2019, imports failed to regain the momentum.
In value terms, poppy seed imports surged to $X in 2019. Over the period under review, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Turkey (X tonnes), France (X tonnes) and Spain (X kg) were the main suppliers of poppy seed imports to Algeria.
From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France, while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest poppy seed suppliers to Algeria were Turkey ($X), France ($X) and Spain ($X the main suppliers, France saw 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 poppy seed import price amounted to $X per tonne, rising by X% against the previous year. In general, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average import prices failed to regain the momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Turkey ($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 Turkey, 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 poppy seed in the world?+
India (17K tonnes) remains the largest poppy seed consuming country worldwide, accounting for 18% of total volume. Moreover, poppy seed consumption in India exceeded the figures recorded by the second-largest consumer, Germany (8.1K tonnes), twofold. Russia (7.2K tonnes) ranked third in terms of total consumption with a 7.7% share.
What are the largest producers of poppy seed in the world?+
The countries with the highest volumes of poppy seed production in 2019 were Turkey (27K tonnes), the Czech Republic (18K tonnes) and Spain (14K tonnes), together accounting for 57% of global production. Australia, China, France, Hungary, Croatia, Germany, the UK, Slovakia and Austria lagged somewhat behind, together comprising a further 36%.
What are the leading suppliers of poppy seed to Algeria?+
In value terms, Turkey ($6.6K), France ($3.7K) and Spain ($950) constituted the largest poppy seed suppliers to Algeria.
What is the average export price for poppy seed in Algeria?+
The average poppy seed export price stood at $2,875 per tonne in 2018, stabilizing at the previous year.
What is the average import price for poppy seed in Algeria?+
In 2019, the average poppy seed import price amounted to $3,750 per tonne, picking up by 5% against the previous year.
This report provides an in-depth analysis of the poppy seed 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 2025.
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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