Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Algeria - 2022

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Algeria (CIF) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Algeria (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Algeria
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Algeria

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Algeria (CIF) - 2022

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $756 per ton in 2022, surging by 18% against the previous year. In general, the import price, however, continues to indicate a deep setback. The import price peaked at $1,272 per ton in 2013; however, from 2014 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 Turkey ($1,427 per ton), while the price for Niger ($249 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the prices for the other major suppliers experienced a decline.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Algeria (FOB) - 2022

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $416 per ton in 2022, stabilizing at the previous year. Overall, the export price showed a precipitous decrease. The pace of growth was the most pronounced in 2020 a decrease of 99.9% against the previous year. The export price peaked at $1,336 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2019 to 2022, the rate of growth in terms of prices for France amounted to -32.2% per year.

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Algeria

For the third year in a row, Algeria recorded decline in supplies from abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell, which decreased by -83.9% to 44 tons in 2022. Overall, imports saw a sharp slump. The smallest decline of -39.7% was in 2020.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell plummeted to $34K in 2022. In general, imports saw a precipitous shrinkage. The smallest decline of -56.4% was in 2020.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Algeria in 2022:

1. Egypt (19.6 tons)
2. China (17.0 tons)
3. India (4.5 tons)
4. Niger (2.5 tons)
5. Turkey (0.7 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Algeria

In 2022, after two years of decline, there was decline in overseas shipments of ground-nuts; other than seed, not roasted or otherwise cooked, in shell, when their volume decreased by 0% to 11 tons. Over the period under review, exports recorded a deep downturn. The smallest decline of 99.9% was in 2020.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $4.4K in 2022. In general, exports faced a sharp decrease. The smallest decline of 99.9% was in 2020.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Algeria in 2022:

1. France (10.6 tons)

Source: IndexBox Market Intelligence Platform