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Algeria - Refined Soybean Oil And Its Fractions - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Algeria: Refined Soybean Oil Market Overview 2021

Refined Soybean Oil Market Size in Algeria

In 2019, the Algerian refined soybean oil market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2012 to 2019, the growth of the market remained at a somewhat lower figure.

Refined Soybean Oil Production in Algeria

In value terms, refined soybean oil production shrank remarkably to $X in 2019 estimated in export prices. In general, production recorded a noticeable curtailment. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2012 to 2019, production growth remained at a somewhat lower figure.

Refined Soybean Oil Exports

Exports from Algeria

In 2019, approx. X tonnes of refined soybean oil and its fractions were exported from Algeria; leveling off at the previous year's figure. Overall, exports recorded a relatively flat trend pattern. Over the period under review, exports hit record highs in 2019 and are likely to continue growth in the immediate term.

In value terms, refined soybean oil exports amounted to $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. Exports peaked in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Mauritania (X tonnes) was the main destination for refined soybean oil exports from Algeria, accounting for a X% share of total exports. Moreover, refined soybean oil exports to Mauritania exceeded the volume sent to the second major destination, Kuwait (X tonnes), fourfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Mauritania was relatively modest.

In value terms, Mauritania ($X) and Kuwait ($X) were the largest markets for refined soybean oil exported from Algeria worldwide.

Mauritania recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average refined soybean oil export price stood at $X per tonne in 2019, stabilizing at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Kuwait ($X per tonne), while the average price for exports to Mauritania totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait.

Refined Soybean Oil Imports

Imports into Algeria

In 2019, approx. X tonnes of refined soybean oil and its fractions were imported into Algeria; increasing by X% on the year before. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2019 and are likely to see steady growth in the near future.

In value terms, refined soybean oil imports surged to $X in 2019. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2019 and are expected to retain growth in the immediate term.

Imports by Country

Egypt (X tonnes) and France (X tonnes) were the main suppliers of refined soybean oil imports to Algeria, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in France (+X% per year).

In value terms, Egypt ($X) and France ($X) constituted the largest refined soybean oil suppliers to Algeria, with a combined X% share of total imports.

France (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average refined soybean oil import price stood at $X per tonne in 2019, waning by -X% against the previous year. Overall, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2015 an increase of X% year-to-year. The import price peaked at $X per tonne in 2010; however, from 2011 to 2019, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was France ($X per tonne), while the price for Egypt totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Egypt.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined soybean oil and its fractions in the world?
+
China (1.8M tonnes) constituted the country with the largest volume of refined soybean oil consumption, comprising approx. 16% of total volume. Moreover, refined soybean oil consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (808K tonnes), twofold. The third position in this ranking was occupied by India (734K tonnes), with a 6.6% share.
What are the largest producers of refined soybean oil and its fractions in the world?
+
The country with the largest volume of refined soybean oil production was China (2M tonnes), accounting for 17% of total volume. Moreover, refined soybean oil production in China exceeded the figures recorded by the second-largest producer, the U.S. (806K tonnes), twofold. India (723K tonnes) ranked third in terms of total production with a 6.4% share.
What are the leading suppliers of refined soybean oil and its fractions to Algeria?
+
In value terms, Egypt ($6.9M) and France ($4.6M) appeared to be the largest refined soybean oil suppliers to Algeria, together accounting for 100% of total imports.
What are the leading importers of refined soybean oil and its fractions from Algeria?
+
In value terms, Mauritania ($50K) and Kuwait ($27K) constituted the largest markets for refined soybean oil exported from Algeria worldwide.
What is the average export price for refined soybean oil and its fractions in Algeria?
+
In 2019, the average refined soybean oil export price amounted to $732 per tonne, almost unchanged from the previous year.
What is the average import price for refined soybean oil and its fractions in Algeria?
+
In 2019, the average refined soybean oil import price amounted to $695 per tonne, falling by -37.2% against the previous year.

Product coverage:
• Prodcom 10415100 - Refined soya-bean oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined soybean oil 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.


Country coverage:
• Algeria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Algeria
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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