Price for Spices; Mixtures of 2 or More Products of the Same Heading in Algeria - 2022
Contents:
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Algeria (CIF) - 2022
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Algeria (FOB) - 2022
- Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Algeria
- Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Algeria
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Algeria (CIF) - 2022
The average import price for spices; mixtures of 2 or more products of the same heading stood at $1,136 per ton in 2022, waning by -34.9% against the previous year. Overall, the import price saw a pronounced setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 24% against the previous year. The import price peaked at $1,746 per ton in 2021, and then dropped remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($3,358 per ton), while the price for Niger ($169 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Algeria (FOB) - 2022
The average export price for spices; mixtures of 2 or more products of the same heading stood at $2,004 per ton in 2022, growing by 2.8% against the previous year. Over the period under review, the export price, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 39% against the previous year. As a result, the export price reached the peak level of $4,063 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mali ($29,375 per ton), while the average price for exports to Niger ($677 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 Mali (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Algeria
In 2022, approx. 1.6K tons of spices; mixtures of 2 or more products of the same heading were imported into Algeria; surging by 6% compared with 2021 figures. Over the period under review, imports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 73%.
In value terms, imports of spices; mixtures of 2 or more products of the same heading contracted rapidly to $1.8M in 2022. In general, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 111%. As a result, imports attained the peak of $2.6M, and then shrank dramatically in the following year.
| Import of Spices; Mixtures of 2 or More Products of the Same Heading in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 251 | 250 | 463 | 730 | 42.7% |
| Tunisia | 876 | 432 | 839 | 198 | -39.1% |
| Egypt | 5.1 | 4.5 | 59.8 | 118 | 185.0% |
| China | 115 | 62.3 | 133 | 116 | 0.3% |
| Spain | 265 | 39.7 | 92.9 | 86.0 | -31.3% |
| France | 60.9 | 58.2 | 247 | 41.7 | -11.9% |
| Turkey | 103 | 45.6 | 41.2 | 20.2 | -41.9% |
| Niger | 14.9 | 3.9 | 2.1 | 1.1 | -58.0% |
| Others | 674 | 334 | 718 | 479 | -10.8% |
| Total | 2,365 | 1,230 | 2,596 | 1,790 | -8.9% |
Top Suppliers of Spices; Mixtures of 2 or More Products of the Same Heading to Algeria in 2022:
- India (1020.2 tons)
- Tunisia (250.6 tons)
- Spain (68.9 tons)
- China (40.1 tons)
- Egypt (35.1 tons)
- Turkey (16.2 tons)
- France (12.2 tons)
- Niger (6.7 tons)
Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Algeria
In 2022, the amount of spices; mixtures of 2 or more products of the same heading exported from Algeria surged to 24 tons, rising by 17% against the previous year's figure. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 278%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of spices; mixtures of 2 or more products of the same heading soared to $48K in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 215%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Spices; Mixtures of 2 or More Products of the Same Heading in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 3.0 | 10.0 | 18.3 | 22.1 | 94.6% |
| France | 0.1 | 2.9 | 9.5 | 8.2 | 334.4% |
| Luxembourg | 2.2 | 1.5 | 1.0 | 0.8 | -28.6% |
| Others | 0.6 | 4.1 | 11.3 | 17.0 | 204.9% |
| Total | 5.9 | 18.5 | 40.1 | 48.1 | 101.3% |
Top Export Markets for Spices; Mixtures of 2 or More Products of the Same Heading from Algeria in 2022:
- Morocco (19.8 tons)
- France (2.5 tons)
- Luxembourg (0.2 tons)
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