Egypt: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in Egypt

The Egyptian animal or vegetable fertilisers market dropped slightly to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Animal or vegetable fertilisers consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Animal Or Vegetable Fertilisers in Egypt

In value terms, animal or vegetable fertilisers production fell slightly to $X in 2022 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Animal or vegetable fertilisers production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Animal Or Vegetable Fertilisers

Exports from Egypt

In 2022, overseas shipments of animal or vegetable fertilisers decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X tons in 2021, and then shrank notably in the following year.

In value terms, animal or vegetable fertilisers exports contracted rapidly to $X in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

Italy (X tons) was the main destination for animal or vegetable fertilisers exports from Egypt, accounting for a X% share of total exports. Moreover, animal or vegetable fertilisers exports to Italy exceeded the volume sent to the second major destination, India (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Libya (X% per year).

In value terms, Italy ($X) emerged as the key foreign market for animal or vegetable fertilisers exports from Egypt, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Libya (X% per year).

Export Prices by Country

The average animal or vegetable fertilisers export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price showed a measured increase. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Libya ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Animal Or Vegetable Fertilisers

Imports into Egypt

In 2022, the amount of animal or vegetable fertilisers imported into Egypt reduced rapidly to X tons, waning by X% against the previous year's figure. Over the period under review, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, animal or vegetable fertilisers imports declined significantly to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons) was the main animal or vegetable fertilisers supplier to Egypt, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia stood at X%.

In value terms, Saudi Arabia ($X) constituted the largest supplier of animal or vegetable fertilisers to Egypt.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia totaled X%.

Import Prices by Country

The average animal or vegetable fertilisers import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to X% per year.

Source: IndexBox Platform

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