Algeria imports a record 8.6 mln tons of wheat in the current season

Source:  GrainTrade
Алжир

According to USDA’s FAS forecast, Algeria will import a record 8.6 million tons of wheat in 2023/24 amid a deficit in domestic production and stable consumer demand.

In the 2022/23 MY, wheat imports to Algeria amounted to 8.141 million tons, and in the next season it may decrease to 8 million tons thanks to the increase in domestic wheat production from 2.7 to 3 million tons.

In the current season, Russia entered the list of main suppliers of wheat to Algeria, displacing the European Union from the leading positions.

At the end of 2020, Algeria increased the permitted content of bug-damaged grain from 0.2% to 0.5%, opening its market to wheat from the Black Sea region. Since then, the Russian Federation has intensified wheat supplies to the country and continues to steadily increase them, displacing traditional suppliers for the Algerian market from France.

USDA FAS experts believe that the domestic consumption of wheat in Algeria will be quite stable with a gradual growth trend in the future. In the current season, it will amount to 11.2 million tons. Significant changes in the flour milling industry, which includes 432 enterprises, are not expected in the next few years.

Tags: , ,

Got additional questions?
We will be happy to assist!