Walnut Market Overview in Algeria

The revenue of the walnut market in Algeria amounted to $875K in 2010, surging by 26% 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). The market value increased at an average annual rate of +10.8% over the period from 2007 to 2010; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when the market value increased by 26% year-to-year. In that year, the walnut market reached its peak level and is likely to continue its growth in the immediate term.

In 2010, the consumption of walnuts in Algeria totaled 537 tonnes, growing by 28% against the previous year. In general, the total consumption indicated a prominent expansion from 2007 to 2010: its volume increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2010 figures, walnut consumption increased by +65.1% against 2007 indices. The most prominent rate of growth was recorded in 2008 with an increase of 58% against the previous year. Over the period under review, the walnut consumption attained its maximum volume in 2010 and is expected to retain its growth in the near future.

The revenue of the walnut market in Algeria amounted to $875K in 2010, growing by 26% 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). The market value increased at an average annual rate of +10.8% over the period from 2007 to 2010; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2010 when the market value increased by 26% against the previous year. In that year, the walnut market attained its peak level and is likely to continue its growth in the immediate term.

Driven by increasing demand for walnut in Algeria, the market is expected to continue an upward consumption trend over the next fifteen years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.1% for the fifteen-year period from 2010 to 2025, which is projected to bring the market volume to 732 tonnes by the end of 2025.

Algeria remains a net importer of walnut; in physical and value terms, imports consistently exceeded exports from 2007 to 2010. In 2010, there was a significant trade deficit of 537 tonnes, which was equal to $485K. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.