Price for Cereals; Millet, Other than Seed in Algeria - 2022
Contents:
- Price for Cereals; Millet, Other than Seed in Algeria (CIF) - 2022
- Price for Cereals; Millet, Other than Seed in Algeria (FOB) - 2022
- Imports of Cereals; Millet, Other than Seed in Algeria
- Exports of Cereals; Millet, Other than Seed in Algeria
Price for Cereals; Millet, Other than Seed in Algeria (CIF) - 2022
The average import price for cereals; millet, other than seeds stood at $340 per ton in 2022, stabilizing at the previous year. In general, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2019 an increase of 8.4%. Over the period under review, average import prices reached the maximum at $586 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($456 per ton), while the price for Turkey ($210 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.3%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Millet, Other than Seed in Algeria (FOB) - 2022
In 2022, the average export price for cereals; millet, other than seeds amounted to $5,333 per ton, falling by -43.9% against the previous year. Over the period under review, the export price showed a perceptible descent. Over the period under review, the average export prices reached the peak figure at $9,500 per ton in 2021, and then shrank sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2016 to 2022, the rate of growth in terms of prices for Belgium amounted to 0.0% per year.
Imports of Cereals; Millet, Other than Seed in Algeria
In 2022, overseas purchases of cereals; millet, other than seeds decreased by -21.1% to 3.3K tons, falling for the second year in a row after two years of growth. In general, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year. As a result, imports attained the peak of 5.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; millet, other than seed imports declined remarkably to $1.1M in 2022. Over the period under review, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 38%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cereals; Millet, Other than Seed in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 402 | 541 | 184 | 413 | 0.9% |
| Canada | 375 | 272 | 191 | 209 | -17.7% |
| Turkey | 23.0 | 16.6 | 139 | 190 | 102.2% |
| Spain | 121 | 246 | 297 | 81.5 | -12.3% |
| Russia | 8.0 | 11.5 | 19.7 | 60.5 | 96.3% |
| Ukraine | 74.1 | 196 | 134 | 53.8 | -10.1% |
| United States | 108 | 173 | 183 | 33.5 | -32.3% |
| Others | 133 | 267 | 311 | 95.7 | -10.4% |
| Total | 1,245 | 1,723 | 1,457 | 1,136 | -3.0% |
Top Suppliers of Cereals; Millet, Other than Seed to Algeria in 2022:
- India (1077.0 tons)
- Turkey (903.4 tons)
- Canada (465.2 tons)
- Russia (204.3 tons)
- Ukraine (202.8 tons)
- Spain (178.9 tons)
- United States (88.7 tons)
Exports of Cereals; Millet, Other than Seed in Algeria
In 2022, exports of cereals; millet, other than seeds from Algeria soared to 18 kg, increasing by 800% compared with the previous year. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; millet, other than seed exports surged to $96 in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Millet, Other than Seed in Algeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Belgium | N/A | 48.0 | 0% | ||
| Denmark | 10.0 | N/A | 0% | ||
| Others | 9.0 | 48.0 | 433.3% | ||
| Total | 19.0 | 96.0 | 405.3% | ||
Top Export Markets for Cereals; Millet, Other than Seed from Algeria in 2022:
- Belgium (8.0 kg)
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