Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Algeria - 2022

Contents:

1. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Algeria (CIF) - 2022
2. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Algeria (FOB) - 2022
3. Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Algeria
4. Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Algeria

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Algeria (CIF) - 2022

In 2022, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $668 per ton, growing by 2.4% against the previous year. Overall, the import price, however, recorded a noticeable setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 21% against the previous year. The import price peaked at $1,226 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tunisia ($1,277 per ton), while the price for China ($642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Algeria (FOB) - 2022

The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,014 per ton in 2022, growing by 13% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 22% against the previous year. The export price peaked at $1,384 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 ($5,720 per ton), while the average price for exports to Italy ($287 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 (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Algeria

In 2022, supplies from abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid increased by 2.4% to 596 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a pronounced decline.

In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $398K in 2022. Over the period under review, imports, however, saw a noticeable contraction.

Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Algeria in 2022:

1. China (560.1 tons)
2. Tunisia (17.0 tons)
3. Turkey (6.9 tons)

Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Algeria

In 2022, the amount of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid exported from Algeria soared to 103 tons, with an increase of 17% on the previous year's figure. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, the exports reached the peak of 119 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid skyrocketed to $105K in 2022. Over the period under review, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.2% against 2020 indices.

Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Algeria in 2022:

1. Italy (77.0 tons)
2. Canada (8.6 tons)
3. Benin (7.3 tons)
4. Libya (4.7 tons)
5. Niger (2.6 tons)
6. France (1.5 tons)

Source: IndexBox Market Intelligence Platform