What is the price of olive oil per kilogram/pound in Algeria today?
The retail price range for Algeria olive oil is between US$ 9.64 and US$ 19.28 per kilogram or between US$ 4.37 and US$ 8.74 per pound(lb). Click here to see today's exact prices of olive oil in Algeria
The retail price range in Algerian Dinar for olive oil is between DZD 0.13 and DZD 0.27 per kilogram or between DZD 0.06 and DZD 0.12 per pound(lb) in Algiers and Oran.
Wholesale prices
In 2024, the approximate wholesale price range for Algeria olive oil is between US$ 6.75 and US$ 13.50 per kilogram or between US$ 3.06 and US$ 6.12 per pound(lb).
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Algeria Olive Oil Export Prices - Historical, Trends and Prediction
The export price of Olive Oil from Algeria over the last five years has been quite volatile. In 2017, the price per kilogram was 2.00 US$, which was the lowest in the period. This was followed by a sharp increase in 2018 to 3.29 US$, and then a slight decrease in 2019 to 2.91 US$. In 2020, the price per kilogram rose to 3.47 US$, and then dropped to 3.17 US$ in 2021. Based on this data, it is likely that the export price of Olive Oil from Algeria will remain relatively stable in the next two years, with a predicted price of 3.17 US$ in 2023 and 3.24 US$ in 2024.The Algeria olive oil exports are classified as:
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
Algeria Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into Algeria over the last five years has been quite volatile. In 2016, the price was 3.40 US dollars per kg, followed by a sharp drop to 2.00 US dollars per kg in 2017. The price then rose to 3.55 US dollars per kg in 2015, before dropping again to 1.75 US dollars per kg in 2014. The price then rose to 3.59 US dollars per kg in 2013, before dropping to 0.00 US dollars per kg in 2018 and 2019. Looking ahead, it is likely that the import price per kilogram of Olive Oil into Algeria will remain relatively stable in the next two years. We predict that the price will remain at 0.00 US dollars per kg in 2020 and 2021, before rising to 1.50 US dollars per kg in 2022 and 2.00 US dollars per kg in 2023.Export values for Algeria olive oil
The total values in export for olive oil in Algeria were US$ 160, US$ 120, US$ 500 and US$ 318 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Algeria: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of olive oil in other countries across Africa: Algeria olive oil, Angola olive oil, Botswana olive oil, Burundi olive oil, Cameroon olive oil, Cape Verde olive oil, Central African Republic olive oil, Comoros olive oil, DRC Congo olive oil & Benin olive oil.
Algeria olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Algeria shipped 111 tonnes of olive oil. In 2019 alone, the demand for Algeria olive oil (processed category) has reduced, with a change of -26.974 % compared to the year 2018. Between 2017 and 2019, olive oil's exports went up by 85 pc netting the nation US$0.32m for the year 2019. Algeria's olive oil exports are categorised as:
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
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Algeria olive oil export values
In 2019, Algeria exported olive oil with a value of 0.32m USD, a reduction of -36.00% from 2018's total olive oil export of 0.5m USD. The annual reduction in value of Algeria olive oil between 2017 to 2018 was 316.667 per cent.
The per year change in the amount of Algeria's olive oil exports between 2017 and 2019 was 85 pc compared to a variation of -26.974% in the period between 2018 and 2019.
Export markets for Algeria olive oil ( in '000$ )
Algeria's top destinations for olive oil are France, United Arab Emirates (UAE), Saudi Arabia, Russia and Mali.
Algeria brought in 31 tonnes of olive oil in 2019.