Earlier Report Observations
The Algerian groundnut oil market volume showed considerable volatility from 2018 to 2023. After falling to 24 643 tonnes in 2019, it rebounded above 30 000 tonnes in 2020. A modest decline followed in 2021, influenced by the COVID-19 pandemic's impact on global edible oil supply chains and trade patterns.
Market volume contracted further to 27 254 tonnes in 2022, a year which saw the start of construction on new groundnut oil production units to expand domestic capacity. Then in 2023, volume surged by over 60% to 44 931 tonnes. This growth was driven by these investments in production infrastructure, alongside government programs promoting local vegetable oil output, widespread cooking oil shortages, and increasing consumer demand for natural products.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Algeria
- 5.1.1. Annual dynamics of production in Algeria in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Algeria in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Algeria
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, kg
- 6.1.2.1. Annual dynamics of product's exports from Algeria in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's exports in kind from Algeria by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, $ US
- 6.1.3.1. Annual dynamics of product's exports from Algeria in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's exports in value from Algeria by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Algeria, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Algeria by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, kg
- 6.2.2.1. Annual dynamics of product's exports from Algeria in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's exports in kind from Algeria by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, $ US
- 6.2.3.1. Annual dynamics of product's exports from Algeria in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's exports in value from Algeria by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Algeria, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Algeria by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, kg
- 7.1.2.1. Annual dynamics of product's imports to Algeria in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's imports in kind to Algeria by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, $ US
- 7.1.3.1. Annual dynamics of product's imports to Algeria in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's imports in value to Algeria by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Algeria, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Algeria by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, kg
- 7.2.2.1. Annual dynamics of product's imports to Algeria in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's imports in kind to Algeria by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, $ US
- 7.2.3.1. Annual dynamics of product's imports to Algeria in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's imports in value to Algeria by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Algeria, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Algeria by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production groundnut oil and fractions in Algeria
In kind, 2017-2020, t
From 2017 to 2020, Algeria ranked 20th globally in the production of groundnut oil and fractions.
Top producers of groundnut oil and fractions, 2017-2020
World map of production of groundnut oil and fractions, 2017-2020
In 2020, Algeria produced 30 399 tonnes of groundnut oil and fractions, marking a significant increase of 23.2% compared to 2019. Over the 2017-2020 period, production grew by 8.5%, with a compound annual growth rate of 2.7%. The lowest production level was recorded in 2019 at 24 675 tonnes, which also saw the largest decline of 15.7% during this timeframe.
Annual dynamics of production in Algeria in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.4% | (15.7%) | 23.2% | 2.7% |
Exports groundnut oil and fractions from Algeria
Exports in kind, kg
The market showed notable fluctuations during this period. Exports reached their lowest point in 2017 and peaked in 2019, with a staggering 32 078-fold difference between these years. In 2020, Algeria exported 5 000 kg of groundnut oil and fractions, representing an 84.4% decrease from 2019. The highest export volume was recorded in 2019 at 32 078 kg, while the largest increase occurred in 2018 with a remarkable 1 754 400.0% surge.
Annual dynamics of product's exports from Algeria in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1 754 400.0% | 82.8% | (84.4%) | 1 610.0% |
From 2017 to 2020, Mali and Niger were the two primary destinations, together accounting for 100.0% of Algeria's total exports of groundnut oil and fractions in kind.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Algeria in kind, 2017-2020
Exports in value, $ US
The market displayed an unstable trend throughout this timeframe. Exports hit their lowest point in 2017 and peaked in 2019, showing a 35-fold swing. In 2020, Algeria exported 2 548 US dollars worth of groundnut oil and fractions, reflecting a sharp drop of 85.6% compared to the previous year. The maximum value was recorded in 2019 at 17 643 US dollars, while the largest increase occurred in 2018 with a 2 791.8% rise.
Annual dynamics of product's exports from Algeria in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2 791.8% | 22.2% | (85.6%) | 72.2% |
During the 2017-2020 period, Mali remained the leading market for exports in value terms, holding a 70.7% share of total flows. The remaining volume was distributed among numerous other destinations.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Algeria in value, 2017-2020
Imports groundnut oil and fractions to Algeria
Based on sector analysis, Algeria did not import any groundnut oil and fractions from 2017 to 2020.
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