Price for Cereal Groats; Meal and Pellets in Algeria - 2022

Price for Cereal Groats; Meal and Pellets in Algeria (CIF) - 2022

The average import price for cereal groats; meal and pelletses stood at $493 per ton in 2022, increasing by 27% against the previous year. In general, the import price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in 2019 an increase of 46% against the previous year. The import price peaked at $594 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($590 per ton) and Ukraine ($493 per ton), while the price for Spain ($419 per ton) and Turkey ($425 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in Algeria (FOB) - 2022

In 2022, the average export price for cereal groats; meal and pelletses amounted to $137 per ton, surging by 26% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2014 an increase of 221%. As a result, the export price reached the peak level of $383 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Tunisia amounted to +19.7% per year.

Imports of Cereal Groats; Meal and Pellets in Algeria

Cereal groats; meal and pellets imports into Algeria skyrocketed to 7K tons in 2022, growing by 68% against 2021 figures. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 202%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cereal groats; meal and pellets imports soared to $3.5M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 170%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Cereal Groats; Meal and Pellets in Algeria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	62.3	N/A	766	1,585	194.1%
Belgium	N/A	351	434	1,360	96.8%
Ukraine	2.6	N/A	302	331	403.1%
Spain	45.0	70.7	60.0	53.4	5.9%
Morocco	31.2	153	N/A	N/A	390.4%
Others	107	23.3	52.8	127	5.9%
Total	248	598	1,614	3,457	140.7%

Top Suppliers of Cereal Groats; Meal and Pellets to Algeria in 2022:

Turkey (3.7K tons)
Belgium (2.3K tons)
Ukraine (0.7K tons)
Spain (0.1K tons)

Exports of Cereal Groats; Meal and Pellets in Algeria

In 2022, the amount of cereal groats; meal and pelletses exported from Algeria dropped rapidly to 9.2K tons, reducing by -59.7% against 2021. In general, exports faced a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year.

In value terms, cereal groats; meal and pellets exports contracted remarkably to $1.3M in 2022. Overall, exports faced a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year.