Starches; Inulin Price in Algeria - 2022

Contents:

1. Starches; Inulin Price in Algeria (CIF) - 2022
2. Starches; Inulin Price in Algeria (FOB) - 2022
3. Starches; Inulin Imports in Algeria
4. Starches; Inulin Exports in Algeria

Starches; Inulin Price in Algeria (CIF) - 2022

In 2022, the average starches; inulin import price amounted to $460 per ton, declining by -12.2% against the previous year. Overall, the import price saw a pronounced slump. The growth pace was the most rapid in 2018 when the average import price increased by 67% against the previous year. As a result, import price reached the peak level of $772 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,962 per ton), while the price for Bulgaria ($238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Starches; Inulin Price in Algeria (FOB) - 2022

In 2022, the average starches; inulin export price amounted to $968 per ton, waning by -12.6% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 98%. The export price peaked at $1,128 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($3,362 per ton), while the average price for exports to Tunisia ($885 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.

Starches; Inulin Imports in Algeria

In 2022, approx. 20K tons of starches; inulins were imported into Algeria; growing by 74% against 2021. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 694% against the previous year. As a result, imports attained the peak of 29K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, starches; inulin imports soared to $9.4M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 355%. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Starches; Inulin to Algeria in 2022:

1. Turkey (7.5K tons)
2. Poland (3.2K tons)
3. Thailand (2.0K tons)
4. Netherlands (1.4K tons)
5. Egypt (1.1K tons)
6. Paraguay (1.0K tons)
7. Brazil (0.7K tons)
8. Saudi Arabia (0.7K tons)
9. Ukraine (0.5K tons)
10. Denmark (0.5K tons)
11. Vietnam (0.4K tons)
12. Bulgaria (0.4K tons)

Starches; Inulin Exports in Algeria

Starches; inulin exports from Algeria reduced to 25 tons in 2022, waning by -3.8% against 2021. In general, exports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2021 when exports increased by 22%.

In value terms, starches; inulin exports dropped markedly to $24K in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 47% against the previous year.

Top Export Markets for Starches; Inulin from Algeria in 2022:

1. Tunisia (20.4 tons)
2. France (3.6 tons)
3. Canada (0.6 tons)

Source: IndexBox Market Intelligence Platform