Algeria’s wheat imports in the first 11 months of 2011 saw a year-on-year increase of over 130 percent, official figures released Tuesday showed.
The wheat imports during the first 11 month of this year amounted to about 2.6 billion U.S. dollars, while the figure of the same period last year was about 1.13 billion dollars, local APS news agency cited figures from Algerian customs’ National Data Processing and Statistics Center (CNIS) as saying.
The figures showed that Algeria’s soft wheat imports edged up to 1.88 billion dollars, or 5.26 million tons, from January to November this year, against 794.52 million dollars, or 3.26 million tons, in the same period in 2010, APS said.
As for hard wheat, Algeria imported 1.64 million tons worth 757.1 million dollars in the period this year, compared with 1.24 million tons, or 338.4 million dollars in the same period in 2010, it said.
The North African country’s wheat imports were likely to hit 2.75 billion dollars by the end of this year, APS quoted Algerian Minister of Agriculture and Rural Development Rachid Benaissa as saying.
The minister said the growth was mainly due to the increase of wheat prices in the international market and the Algerian authorities’ concern over guaranteeing the produce’s availability in the local market.