Algeria: Preserved Sweet Corn Market Overview 2021

Preserved Sweet Corn Market Size in Algeria

The Algerian preserved sweet corn market declined to $X in 2020, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2019 to 2020, the growth of the market remained at a lower figure.

Preserved Sweet Corn Exports

Exports from Algeria

In 2020, the amount of sweet corn prepared or preserved exported from Algeria amounted to X kg, flattening at 2019. Over the period under review, exports showed a abrupt curtailment. Over the period under review, exports hit record highs at X tonnes in 2010; however, from 2011 to 2020, exports remained at a lower figure.

In value terms, preserved sweet corn exports stood at $X in 2020. In general, exports saw a dramatic curtailment. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

Mauritania (X tonnes) was the main destination for preserved sweet corn exports from Algeria, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Mauritania was relatively modest.

From 2007 to 2018, the average annual rate of growth in terms of value to Mauritania was relatively modest.

Export Prices by Country

The average preserved sweet corn export price stood at $X per tonne in 2018, therefore, remained relatively stable against the previous year. In general, the export price showed a deep downturn. Over the period under review, average export prices reached the peak figure at $X per tonne in 2010; however, from 2011 to 2018, export prices failed to regain the momentum.

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

From 2007 to 2018, the rate of growth in terms of prices for Mauritania amounted to X% per year.

Preserved Sweet Corn Imports

Imports into Algeria

In 2020, preserved sweet corn imports into Algeria declined significantly to X tonnes, shrinking by -X% compared with 2019 figures. In general, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, preserved sweet corn imports shrank to $X in 2020. Over the period under review, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2019 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of preserved sweet corn to Algeria, accounting for a X% share of total imports. Moreover, preserved sweet corn imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X tonnes), threefold. The third position in this ranking was occupied by France (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and France (-X% per year).

In value terms, China ($X) constituted the largest supplier of preserved sweet corn to Algeria, comprising X% of total imports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and France (-X% per year).

Import Prices by Country

The average preserved sweet corn import price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform