Price for Flour and Meal; of Potatoes in Algeria - 2022

Contents:

1. Price for Flour and Meal; of Potatoes in Algeria (CIF) - 2022
2. Price for Flour and Meal; of Potatoes in Algeria (FOB) - 2022
3. Imports of Flour and Meal; of Potatoes in Algeria
4. Exports of Flour and Meal; of Potatoes in Algeria

Price for Flour and Meal; of Potatoes in Algeria (CIF) - 2022

The average import price for flour and meal; of potatoeses stood at $1,363 per ton in 2022, increasing by 3.6% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flour and meal; of potatoes import price decreased by -5.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36%. Over the period under review, average import prices attained the peak figure at $1,957 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Egypt ($1,416 per ton), while the price for China ($427 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flour and Meal; of Potatoes in Algeria (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $357 per ton in 2022, falling by -4.3% against the previous year. Over the period under review, the export price saw a pronounced reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 168% against the previous year. As a result, the export price reached the peak level of $2,137 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to -1.7% per year.

Imports of Flour and Meal; of Potatoes in Algeria

In 2022, purchases abroad of flour and meal; of potatoeses decreased by -16.6% to 222 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 52%.

In value terms, flour and meal; of potatoes imports fell to $303K in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 92%.

Top Suppliers of Flour and Meal; of Potatoes to Algeria in 2022:

1. Germany (142.4 tons)
2. Egypt (63.3 tons)
3. Netherlands (8.4 tons)
4. China (6.6 tons)

Exports of Flour and Meal; of Potatoes in Algeria

In 2022, flour and meal; of potatoes exports from Algeria surged to 13 tons, rising by 73% on the previous year. Over the period under review, exports, however, continue to indicate a noticeable decline.

In value terms, flour and meal; of potatoes exports soared to $4.6K in 2022. In general, exports, however, continue to indicate a sharp reduction.

Top Export Markets for Flour and Meal; of Potatoes from Algeria in 2022:

1. Niger (12.8 tons)

Source: IndexBox Market Intelligence Platform