Market for Broad Bean And Horse Bean in Algeria
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 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.