
Algeria - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
Algeria: Shelled Hazelnut Market 2022
Shelled Hazelnut Market Size in Algeria
In 2021, the Algerian shelled hazelnut market decreased by -17.4% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, recorded a strong increase. Over the period under review, the market reached the peak level at $X in 2020, and then declined dramatically in the following year.
Shelled Hazelnut Imports
Imports into Algeria
In 2021, supplies from abroad of shelled hazelnuts decreased by -16.1% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 367% against the previous year. Imports peaked at X tons in 2020, and then contracted notably in the following year.
In value terms, shelled hazelnut imports shrank remarkably to $X in 2021. Over the period under review, imports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 299% against the previous year. Imports peaked at $X in 2020, and then plummeted in the following year.
Imports by Country
In 2021, Turkey (X tons) was the main supplier of shelled hazelnut to Algeria, with a 93% share of total imports. Moreover, shelled hazelnut imports from Turkey exceeded the figures recorded by the second-largest supplier, Georgia (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +8.1%.
In value terms, Turkey ($X) constituted the largest supplier of shelled hazelnut to Algeria, comprising 93% of total imports. The second position in the ranking was held by Georgia ($X), with a 6.7% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +7.8%.
Import Prices by Country
The average shelled hazelnut import price stood at $X per ton in 2021, dropping by -2.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 47%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Georgia ($X per ton), while the price for Turkey amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.3%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the shelled hazelnut 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 2030.
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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