Algeria: Olive Market 2024

Olive Market Size in Algeria

The Algerian olive market expanded sharply to $X in 2022, picking up by X% against the previous year. In general, consumption recorded buoyant growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Olive Production in Algeria

In value terms, olive production rose modestly to $X in 2022 estimated in export price. Overall, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of olives in Algeria skyrocketed to X tons per ha in 2022, growing by X% compared with the year before. Overall, the yield indicated a buoyant increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, olive yield decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. The olive yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a 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, the total area harvested in terms of olives production in Algeria fell modestly to X ha, remaining stable against the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the harvested area dedicated to olive production attained the maximum at X ha in 2021, and then shrank modestly in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Olive Exports

Exports from Algeria

In 2022, overseas shipments of olives increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, olive exports surged to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for olive exports from Algeria, with a X% share of total exports. Moreover, olive exports to Canada exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and France (X% per year).

In value terms, Canada ($X) remains the key foreign market for olives exports from Algeria, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average olive export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, olive export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to France ($X 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 Canada (X%), while the prices for the other major destinations experienced a decline.

Olive Imports

Imports into Algeria

Olive imports into Algeria was estimated at X tons in 2016, almost unchanged from the previous year's figure. Over the period under review, imports posted a significant expansion. The smallest decline of X% was in 2013. Imports peaked in 2016 and are expected to retain growth in the near future.

In value terms, olive imports amounted to $X in 2016. In general, imports enjoyed a significant expansion. The smallest decline of X% was in 2013. Imports peaked in 2016 and are likely to continue growth in the near future.

Imports by Country

In 2016, Spain (X tons) was the main supplier of olive to Algeria, accounting for a approx. X% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of volume from Spain totaled X%.

In value terms, Spain ($X) constituted the largest supplier of olives to Algeria.

From 2012 to 2016, the average annual growth rate of value from Spain stood at X%.

Import Prices by Country

The average olive import price stood at $X per ton in 2016, flattening at the previous year. Overall, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price decreased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2016 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2016, the rate of growth in terms of prices for Spain amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :