With production covering only a third of consumption, the country is a destination of choice for many world cereal exporters such as Russia.
Demetra Trading, the 3rd largest operator in the Russian wheat export segment, announced on October 20 that Algeria had received two vessels carrying a total of 60,000 tonnes of the cereal. This is the second shipment from Russia to the North African country after that of last June (28,500 tonnes).
More generally, this new expedition is part of Russia’s return to the grain scene in Algeria after a 5-year absence. The former USSR, which has benefited since last October from a relaxation of the standards relating to the rate of pinched grains, plans to export to the country, 1 million tonnes of wheat by the end of the 2021/2022 season in June. next.
Currently, the majority of Algeria’s wheat import needs are met by the European Union (EU). According to Trade Data Monitor (TDM) statistics relayed by the United States Department of Agriculture (USDA), the countries of the economic zone supplied it with around 5.94 million tonnes of wheat in 2020/2021, or 78% of the total of its purchases (7.54 million tonnes).
In Algeria, wheat consumption is estimated at 11 million tonnes per year.