Price for Protein; Concentrates and Textured Protein Substances in Algeria - 2022
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Algeria (CIF) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Algeria (FOB) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Algeria
- Exports of Protein; Concentrates and Textured Protein Substances in Algeria
Price for Protein; Concentrates and Textured Protein Substances in Algeria (CIF) - 2022
In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $5,436 per ton, dropping by -3.4% against the previous year. Overall, the import price, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2017 when the average import price increased by 49%. Over the period under review, average import prices reached the maximum at $6,661 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($40,679 per ton), while the price for Argentina ($1,115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+43.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Algeria (FOB) - 2022
In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $2,588 per ton, reducing by -57.3% against the previous year. Over the period under review, the export price faced a dramatic decrease. The pace of growth appeared the most rapid in 2015 an increase of 1,244% against the previous year. The export price peaked at $42,750 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($16,475 per ton), while the average price for exports to Niger ($926 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 France (-11.2%).
Imports of Protein; Concentrates and Textured Protein Substances in Algeria
In 2022, purchases abroad of protein; concentrates and textured protein substanceses decreased by -25.4% to 649 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. As a result, imports reached the peak of 869 tons, and then declined dramatically in the following year.
In value terms, imports of protein; concentrates and textured protein substanceses contracted markedly to $3.5M in 2022. Over the period under review, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2021 with an increase of 127% against the previous year. As a result, imports reached the peak of $4.9M, and then declined notably in the following year.
| Import of Protein; Concentrates and Textured Protein Substances in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 864 | 499 | 910 | 725 | -5.7% |
| Hungary | 31.2 | 181 | 699 | 598 | 167.6% |
| Spain | 279 | 497 | 882 | 390 | 11.8% |
| France | 219 | 185 | 524 | 298 | 10.8% |
| Brazil | 3.5 | 11.0 | 172 | 173 | 267.0% |
| Argentina | 93.1 | 88.9 | 120 | 108 | 5.1% |
| Serbia | 35.2 | 40.9 | 30.0 | 40.1 | 4.4% |
| Others | 551 | 654 | 1,558 | 1,193 | 29.4% |
| Total | 2,075 | 2,157 | 4,894 | 3,526 | 19.3% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Algeria in 2022:
- Brazil (149.2 tons)
- Spain (122.5 tons)
- Argentina (96.6 tons)
- France (70.4 tons)
- United States (63.0 tons)
- Hungary (40.4 tons)
- Serbia (25.5 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Algeria
In 2022, the amount of protein; concentrates and textured protein substanceses exported from Algeria surged to 6.6 tons, with an increase of 174% on 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 480% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of protein; concentrates and textured protein substanceses surged to $17K in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 406% against the previous year. As a result, the exports attained the peak of $20K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Protein; Concentrates and Textured Protein Substances in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 11.4 | 0% |
| Canada | 0.8 | 2.6 | 4.1 | 2.0 | 35.7% |
| France | 3.1 | 16.9 | 10.3 | 2.0 | -13.6% |
| Niger | N/A | N/A | N/A | 1.3 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 0.4 | 0% |
| Others | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Total | 3.9 | 19.6 | 14.6 | 17.1 | 63.7% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Algeria in 2022:
- Spain (3.8 tons)
- Niger (1.4 tons)
- Canada (1.1 tons)
- United Arab Emirates (0.2 tons)
- France (0.1 tons)
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