Price for Cereal Groats and Meal; of Wheat in Algeria - 2022
Contents:
- Price for Cereal Groats and Meal; of Wheat in Algeria (FOB) - 2022
- Price for Cereal Groats and Meal; of Wheat in Algeria (CIF) - 2022
- Exports of Cereal Groats and Meal; of Wheat in Algeria
- Imports of Cereal Groats and Meal; of Wheat in Algeria
Price for Cereal Groats and Meal; of Wheat in Algeria (FOB) - 2022
In 2022, the average export price for cereal groats and meal; of wheats amounted to $132 per ton, jumping by 25% against the previous year. In general, the export price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2013 when the average export price increased by 44% against the previous year. As a result, the export price attained the peak level of $506 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($398 per ton), while the average price for exports to Niger totaled $114 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+1.8%).
Price for Cereal Groats and Meal; of Wheat in Algeria (CIF) - 2022
The average import price for cereal groats and meal; of wheats stood at $2,869 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2019 an increase of 200%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($2,882 per ton), while the price for Spain ($1,133 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Groats and Meal; of Wheat in Algeria
In 2022, exports of cereal groats and meal; of wheats from Algeria shrank sharply to 9.1K tons, dropping by -60% on 2021. Overall, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year.
In value terms, exports of cereal groats and meal; of wheats shrank sharply to $1.2M in 2022. Over the period under review, exports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year.
| Export of Cereal Groats and Meal; of Wheat in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 3.0 | 1.7 | 2.2 | 1.0 | -30.7% |
| Tunisia | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.3 | 1.9 | 2.4 | 1.2 | -28.6% |
Top Export Markets for Cereal Groats and Meal; of Wheat from Algeria in 2022:
- Niger (8.6K tons)
- Tunisia (0.5K tons)
Imports of Cereal Groats and Meal; of Wheat in Algeria
In 2022, imports of cereal groats and meal; of wheats into Algeria declined to 40 tons, waning by -7.8% against 2021. In general, imports recorded a deep setback.
In value terms, imports of cereal groats and meal; of wheats totaled $114K in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 2.5% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cereal Groats and Meal; of Wheat in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 78.5 | 84.3 | 92.7 | 95.6 | 6.8% |
| Egypt | 10.9 | 12.2 | 13.9 | 14.9 | 11.0% |
| Spain | 14.0 | 7.9 | 2.3 | 1.3 | -54.7% |
| Others | 2.2 | 4.0 | 2.2 | 2.1 | -1.5% |
| Total | 106 | 108 | 111 | 114 | 2.5% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Algeria in 2022:
- Lebanon (33.2 tons)
- Egypt (5.2 tons)
- Spain (1.1 tons)
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