Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria - 2022
Contents:
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria (CIF) - 2022
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria (FOB) - 2022
- Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria
- Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria (CIF) - 2022
The average import price for liquid margarine and edible mixtures of animal or vegetable fats stood at $1,951 per ton in 2022, dropping by -3.9% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for liquid margarine and edible mixtures of animal or vegetable fats increased by +91.2% against 2012 indices. The growth pace was the most rapid in 2020 when the average import price increased by 7.9%. Over the period under review, average import prices attained the maximum at $2,030 per ton in 2021, and then contracted modestly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($2,315 per ton), while the price for Indonesia ($1,803 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria (FOB) - 2022
In 2022, the average export price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $1,486 per ton, which is down by -8.3% against the previous year. In general, the export price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2021 an increase of 26%. Over the period under review, the average export prices hit record highs at $2,158 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mali ($2,925 per ton), while the average price for exports to France ($1,364 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 Kuwait (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria
In 2022, supplies from abroad of liquid margarine and edible mixtures of animal or vegetable fats was finally on the rise to reach 683 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt downturn.
In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats expanded slightly to $1.3M in 2022. Over the period under review, imports, however, saw a noticeable decrease.
| Import of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,011 | 950 | 894 | 885 | -4.3% |
| Malaysia | 251 | 227 | 280 | 371 | 13.9% |
| Spain | 74.7 | 94.8 | 61.9 | 31.1 | -25.3% |
| Others | 82.3 | 89.2 | 69.3 | 46.6 | -17.3% |
| Total | 1,420 | 1,361 | 1,306 | 1,334 | -2.1% |
Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to Algeria in 2022:
- Indonesia (491.1 tons)
- Malaysia (160.2 tons)
- Spain (13.9 tons)
Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria
In 2022, after three years of growth, there was significant decline in shipments abroad of liquid margarine and edible mixtures of animal or vegetable fats, when their volume decreased by -15.4% to 231 tons. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 91%.
In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats declined dramatically to $344K in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 103% against the previous year.
| Export of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 20.3 | 179 | 288 | 257 | 133.1% |
| Kuwait | 34.2 | 27.3 | 56.4 | 54.3 | 16.7% |
| United States | 1.1 | 4.0 | 20.4 | 16.6 | 147.1% |
| Canada | 4.7 | 20.2 | 29.3 | 4.4 | -2.2% |
| Morocco | 52.4 | N/A | 32.5 | N/A | -21.2% |
| Others | 7.7 | 14.2 | 17.1 | 11.2 | 13.3% |
| Total | 120 | 244 | 443 | 344 | 42.1% |
Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from Algeria in 2022:
- France (188.7 tons)
- Kuwait (27.5 tons)
- United States (8.5 tons)
- Canada (3.0 tons)
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