Flax Fiber Market in Algeria
Market Overview
In 
, the Algerian flax fiber market increased by % to $, rising for the third year in a row after five years of decline. Over the period under review, consumption continues to indicate a resilient expansion. Over the period under review, the market reached the peak level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
, the Algerian flax fiber market increased by % to $, rising for the third year in a row after five years of decline. Over the period under review, consumption continues to indicate a resilient expansion. Over the period under review, the market reached the peak level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.Consumption
Flax fiber consumption in Algeria amounted to kg in , growing by % against the previous year. Overall, consumption saw a buoyant increase. Flax fiber consumption peaked at tons in 2012; however, from 2013 to , consumption remained at a lower figure.
The value of the flax fiber market in Algeria rose to $ in , picking up 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). Over the period under review, consumption showed resilient growth. Flax fiber consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.
kg in , growing by % against the previous year. Overall, consumption saw a buoyant increase. Flax fiber consumption peaked at tons in 2012; however, from 2013 to , consumption remained at a lower figure.The value of the flax fiber market in Algeria rose to $
in , picking up 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). Over the period under review, consumption showed resilient growth. Flax fiber consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for flax fiber in Algeria, the market is expected to continue an upward consumption trend over the next eight-year period. 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 kg by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to kg by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Flax fiber market in Algeria consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.Trade Balance
Algeria remains a net importer of flax fiber; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of kg, 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.
. In , there was a significant trade deficit of kg, 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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