Market for Broad Bean And Horse Bean in Algeria
Market Overview
In 
, the Algerian market for broad beans and horse beans (dry) decreased by -% to $ for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption saw a strong increase. Broad bean and horse bean consumption peaked at $ in , and then contracted in the following year.
In value terms, broad bean and horse bean production reduced rapidly to $ in estimated in export price. In general, production posted a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of % against the previous year. Broad bean and horse bean production peaked at $ in , and then fell notably in the following year.
The average yield of broad beans and horse beans (dry) in Algeria rose to tons per ha in , picking up by % compared with figures. The yield figure increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009 with an increase of %. The broad bean and horse bean yield peaked at tons per ha in 2018; however, from 2019 to , 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.
The broad bean and horse bean harvested area in Algeria rose slightly to ha in , with an increase of % compared with the previous year. The harvested area increased at an average annual rate of +% from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2017 when the harvested area increased by % against the previous year. The broad bean and horse bean harvested area peaked at ha in 2019; however, from to , the harvested area stood at a somewhat lower figure.
, the Algerian market for broad beans and horse beans (dry) decreased by -% to $ for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption saw a strong increase. Broad bean and horse bean consumption peaked at $ in , and then contracted in the following year.In value terms, broad bean and horse bean production reduced rapidly to $
in estimated in export price. In general, production posted a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of % against the previous year. Broad bean and horse bean production peaked at $ in , and then fell notably in the following year.The average yield of broad beans and horse beans (dry) in Algeria rose to
tons per ha in , picking up by % compared with figures. The yield figure increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009 with an increase of %. The broad bean and horse bean yield peaked at tons per ha in 2018; however, from 2019 to , 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.The broad bean and horse bean harvested area in Algeria rose slightly to
ha in , with an increase of % compared with the previous year. The harvested area increased at an average annual rate of +% from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2017 when the harvested area increased by % against the previous year. The broad bean and horse bean harvested area peaked at ha in 2019; however, from to , the harvested area stood at a somewhat lower figure.Consumption
In , broad bean and horse bean consumption in Algeria expanded significantly to tons, with an increase of % against . In general, the total consumption indicated a moderate increase from 2007 to : its volume increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. Broad bean and horse bean consumption peaked at tons in 2019; however, from to , consumption stood at a somewhat lower figure.
The size of the market for broad beans and horse beans (dry) in Algeria declined to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a buoyant increase. Broad bean and horse bean consumption peaked at $ in , and then fell in the following year.
, broad bean and horse bean consumption in Algeria expanded significantly to tons, with an increase of % against . In general, the total consumption indicated a moderate increase from 2007 to : its volume increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. Broad bean and horse bean consumption peaked at tons in 2019; however, from to , consumption stood at a somewhat lower figure.The size of the market for broad beans and horse beans (dry) in Algeria declined to $
in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a buoyant increase. Broad bean and horse bean consumption peaked at $ in , and then fell in the following year.Market Forecast
Driven by increasing demand for broad bean and horse bean in Algeria, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .Market Structure
Over the period under review, the share of imports in terms of total broad bean and horse bean consumption in Algeria was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Algeria broad bean and horse bean market is largely supplied by domestic manufacturers.
% figure. In value terms the share of imports also stood at a low figure, which means that the Algeria broad bean and horse bean market is largely supplied by domestic manufacturers.Trade Balance
Algeria remains a net importer of broad bean and horse bean; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.
. In , there was a significant trade deficit of tons, which was equal to $.
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