Non-Liquid Margarine Price in Algeria - 2022
Contents:
- Non-Liquid Margarine Price in Algeria (CIF) - 2022
- Non-Liquid Margarine Price in Algeria (FOB) - 2022
- Non-Liquid Margarine Imports in Algeria
- Non-Liquid Margarine Exports in Algeria
Non-Liquid Margarine Price in Algeria (CIF) - 2022
In 2022, the average non-liquid margarine import price amounted to $2,251 per ton, leveling off at the previous year. Overall, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 65%. Over the period under review, average import prices reached the maximum at $2,303 per ton in 2020; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,334 per ton), while the price for Morocco ($1,548 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Price in Algeria (FOB) - 2022
The average non-liquid margarine export price stood at $1,314 per ton in 2022, reducing by -6.4% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 63%. Over the period under review, the average export prices attained the peak figure at $2,394 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Suriname ($2,191 per ton), while the average price for exports to Mauritania ($266 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 Nigeria (+86.2%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Liquid Margarine Imports in Algeria
In 2022, non-liquid margarine imports into Algeria dropped dramatically to 265 tons, shrinking by -31% on the previous year. In general, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 163%. As a result, imports attained the peak of 384 tons, and then dropped rapidly in the following year.
In value terms, non-liquid margarine imports shrank sharply to $597K in 2022. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 155% against the previous year. As a result, imports attained the peak of $857K, and then fell remarkably in the following year.
| Import of Non-Liquid Margarine in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 273 | 254 | 590 | 395 | 13.1% |
| Tunisia | 44.6 | 44.7 | 112 | 80.4 | 21.7% |
| Belgium | 8.1 | 3.7 | 73.7 | 46.4 | 78.9% |
| Morocco | 18.9 | 19.8 | 52.0 | 39.4 | 27.7% |
| Egypt | N/A | N/A | N/A | 18.7 | 0% |
| Others | 21.6 | 14.1 | 29.9 | 16.7 | -8.2% |
| Total | 366 | 336 | 857 | 597 | 17.7% |
Top Suppliers of Non-Liquid Margarine to Algeria in 2022:
- Turkey (195.8 tons)
- Morocco (25.4 tons)
- Tunisia (22.4 tons)
- Belgium (10.7 tons)
- Egypt (5.9 tons)
Non-Liquid Margarine Exports in Algeria
In 2022, after three years of growth, there was decline in overseas shipments of non-liquid margarine, when their volume decreased by -1.1% to 380 tons. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 85%.
In value terms, non-liquid margarine exports reduced to $500K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 201% against the previous year.
| Export of Non-Liquid Margarine in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 113 | 301 | 333 | 376 | 49.3% |
| Suriname | N/A | 15.3 | 28.0 | 43.3 | 68.2% |
| Kuwait | 4.4 | 9.1 | 41.1 | 40.4 | 109.4% |
| France | 8.9 | 108 | 111 | 12.2 | 11.1% |
| Mauritania | 2.8 | 7.7 | 8.8 | 10.3 | 54.4% |
| Spain | 4.4 | 9.9 | 9.3 | 9.0 | 26.9% |
| Others | 19.4 | 9.7 | 9.0 | 8.7 | -23.5% |
| Total | 153 | 460 | 540 | 500 | 48.4% |
Top Export Markets for Non-Liquid Margarine from Algeria in 2022:
- Libya (268.9 tons)
- Mauritania (38.7 tons)
- Kuwait (27.7 tons)
- Suriname (19.8 tons)
- Spain (9.5 tons)
- France (8.0 tons)
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