Period 2007-2019
Overview of the Market for Cotton Lint And Cotton Seed in Algeria |
Market Overview
The Algerian market for cotton lint reduced slightly to $
in 2019, shrinking 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). In general, consumption, however, showed a deep reduction. The growth pace was the most rapid in 2014 when the market value increased by % y-o-y. As a result, consumption reached the peak level of $. From 2015 to 2019, the growth of the market failed to regain the momentum.
In value terms, cotton lint and cotton seed production rose slightly to $ in 2019 estimated in export prices. In general, production enjoyed a prominent expansion. The pace of growth was the most pronounced in 2010 when the production volume increased by % against the previous year. Over the period under review, and cotton seed production hit record highs in 2019 and is likely to see steady growth in the immediate term.
In 2019, the average cotton lint and cotton seed yield in Algeria totaled kg per ha, approximately reflecting the previous year. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, approx. ha of cotton lint were harvested in Algeria; almost unchanged from 2018. Over the period under review, the harvested area saw a relatively flat trend pattern.
in 2019, shrinking 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). In general, consumption, however, showed a deep reduction. The growth pace was the most rapid in 2014 when the market value increased by % y-o-y. As a result, consumption reached the peak level of $. From 2015 to 2019, the growth of the market failed to regain the momentum.In value terms, cotton lint and cotton seed production rose slightly to $
in 2019 estimated in export prices. In general, production enjoyed a prominent expansion. The pace of growth was the most pronounced in 2010 when the production volume increased by % against the previous year. Over the period under review, and cotton seed production hit record highs in 2019 and is likely to see steady growth in the immediate term.In 2019, the average cotton lint and cotton seed yield in Algeria totaled
kg per ha, approximately reflecting the previous year. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.In 2019, approx.
ha of cotton lint were harvested in Algeria; almost unchanged from 2018. Over the period under review, the harvested area saw a relatively flat trend pattern.Consumption
In 2019, the amount of cotton lint consumed in Algeria reached tonnes, surging by % compared with 2018. Overall, consumption, however, recorded a perceptible reduction. The growth pace was the most rapid in 2014 when the consumption volume increased by % against the previous year. As a result, consumption reached the peak volume of tonnes. From 2015 to 2019, the growth of the and cotton seed consumption remained at a lower figure.
The revenue of the market for cotton lint in Algeria shrank to $ in 2019, waning 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). In general, consumption, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market remained at a lower figure.
tonnes, surging by % compared with 2018. Overall, consumption, however, recorded a perceptible reduction. The growth pace was the most rapid in 2014 when the consumption volume increased by % against the previous year. As a result, consumption reached the peak volume of tonnes. From 2015 to 2019, the growth of the and cotton seed consumption remained at a lower figure.The revenue of the market for cotton lint in Algeria shrank to $
in 2019, waning 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). In general, consumption, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market remained at a lower figure.Market Forecast
Depressed by shrinking demand for cotton lint and cotton seed in Algeria, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .
% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .Market Structure
Cotton lint and cotton seed market in Algeria consists almost entirely of imported products.
Trade Balance
Algeria remains a net importer of cotton lint and cotton seed; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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