ALGERIA RECORDS HIGHER SUGAR IMPORTS IN FIRST EIGHT MONTHS OF 2016
ALGIERS, — Algeria’s imports of sugar, made up of beet sugar, cane sugar, lactose syrup and solid lactose, rose to 570.78 million US dollars during the first eight months of 2016, from 521.8 million USD during the same period last year, an increase of 9.4 per cent, according to the latest data released by the Algerian Customs’ National Centre of Data Processing and Statistics (CNIS).
In terms of volume, Algeria imported 1.45 million tonnes of sugar during the period, against 1.3 million tonnes in the same period of 2015, up by 12.5 per cent, the CNIS reported Monday.
The increase in Algeria’s sugar import bill was caused mainly by the rise in the quantity imported, as prices declined during the period, the CNIS added.
Source: Nam News Network