Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Algeria - 2022

Contents:

1. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Algeria (CIF) - 2022
2. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Algeria (FOB) - 2022
3. Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Algeria
4. Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Algeria

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Algeria (CIF) - 2022

The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $2,787 per ton in 2022, growing by 13% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa decreased by -14.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 39%. The import price peaked at $3,274 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Guatemala ($7,782 per ton), while the price for Mexico ($1,154 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Algeria (FOB) - 2022

In 2022, the average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $1,569 per ton, picking up by 24% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 69%. Over the period under review, the average export prices hit record highs at $3,741 per ton in 2019; however, from 2020 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 Niger ($5,615 per ton), while the average price for exports to Mauritania ($366 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 Jordan (+36.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Algeria

In 2022, after three years of growth, there was significant decline in overseas purchases of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa, when their volume decreased by -31.2% to 2.5K tons. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 141%. As a result, imports attained the peak of 3.6K tons, and then shrank significantly in the following year.

In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa fell markedly to $6.8M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 90%.

Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Algeria in 2022:

1. Turkey (1004.7 tons)
2. Spain (334.1 tons)
3. Mexico (235.6 tons)
4. China (142.7 tons)
5. Malaysia (122.7 tons)
6. Guatemala (70.6 tons)
7. France (65.6 tons)
8. Morocco (63.4 tons)
9. Ukraine (49.8 tons)
10. Pakistan (45.8 tons)
11. Slovenia (39.8 tons)
12. Indonesia (39.5 tons)

Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Algeria

In 2022, approx. 66 tons of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa were exported from Algeria; waning by -30.6% on 2021. Overall, exports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 155% against the previous year.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa contracted to $103K in 2022. In general, exports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 39%.

Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Algeria in 2022:

1. Mauritania (26.9 tons)
2. Libya (10.8 tons)
3. France (9.8 tons)
4. Lebanon (6.2 tons)
5. Turkey (3.5 tons)
6. Canada (3.2 tons)
7. Jordan (2.3 tons)
8. Niger (0.9 tons)

Source: IndexBox Market Intelligence Platform