Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Algeria - 2022
Contents:
- Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Algeria (CIF) - 2022
- Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Algeria
Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Algeria (CIF) - 2022
In 2022, the average import price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $3,850 per ton, waning by -5.4% against the previous year. In general, the import price, however, saw a buoyant increase. The growth pace was the most rapid in 2018 an increase of 12% against the previous year. Over the period under review, average import prices reached the peak figure at $4,072 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($56,832 per ton), while the price for Niger ($1,460 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+36.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Algeria
In 2022, supplies from abroad of ground-nuts; in shell, not roasted or otherwise cooked decreased by less than 0.1% to 147 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 0.5%. As a result, imports reached the peak of 147 tons, leveling off in the following year.
In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked reduced to $564K in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of $597K, and then dropped in the following year.
| Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 270 | 300 | 333 | 311 | 4.8% |
| Egypt | 137 | 154 | 172 | 161 | 5.5% |
| Niger | 58.1 | 70.8 | 86.0 | 87.9 | 14.8% |
| Others | 7.9 | 6.9 | 6.0 | 4.4 | -17.7% |
| Total | 474 | 532 | 597 | 564 | 6.0% |
Top Suppliers of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked to Algeria in 2022:
- China (82.4 tons)
- Niger (60.2 tons)
- Egypt (2.8 tons)
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