Algeria: Cotton Lint Market 2024

Cotton Lint Market Size in Algeria

The Algerian cotton lint market contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, enjoyed a strong increase. Cotton lint consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Cotton Lint Production in Algeria

In value terms, cotton lint production fell to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Cotton lint production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of cotton lint in Algeria skyrocketed to X kg per ha in 2022, growing by X% against the year before. Overall, the yield, however, showed a pronounced curtailment. Over the period under review, the average cotton lint yield reached the peak level at X kg per ha in 2018; however, from 2019 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cotton lint were harvested in Algeria; standing approx. at the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X% against the previous year. The cotton lint harvested area peaked at X ha in 2021, and then dropped modestly in the following year.

Cotton Lint Exports

Exports from Algeria

In 2021, the amount of cotton lint exported from Algeria amounted to X tons, approximately reflecting 2020. In general, exports saw significant growth. The smallest decline of X% was in 2014. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, cotton lint exports amounted to $X in 2021. Overall, exports continue to indicate a strong expansion. The smallest decline of X% was in 2014. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Portugal (X tons) was the main destination for cotton lint exports from Algeria, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Portugal was relatively modest.

Export Prices by Country

The average cotton lint export price stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2013 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Cuba amounted to X% per year.

Cotton Lint Imports

Imports into Algeria

In 2022, the amount of cotton lint imported into Algeria shrank modestly to X tons, dropping by X% compared with the year before. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cotton lint imports contracted to $X in 2022. Overall, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Togo (X tons) constituted the largest cotton lint supplier to Algeria, with a X% share of total imports. Moreover, cotton lint imports from Togo exceeded the figures recorded by the second-largest supplier, Greece (X tons), fourfold. Mali (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Togo amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (X% per year) and Mali (X% per year).

In value terms, Togo ($X) constituted the largest supplier of cotton lint to Algeria, comprising X% of total imports. The second position in the ranking was held by Greece ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Togo stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the average cotton lint import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price showed a perceptible setback. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 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 Greece ($X per ton), while the price for Mali ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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