Egypt: Banana Market 2025

Banana Market Size in Egypt

The Egyptian banana market reached $X in 2022, flattening at the previous year. In general, consumption recorded a slight increase. Banana consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Banana Production in Egypt

In value terms, banana production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 220% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

In 2022, the average banana yield in Egypt fell to X tons per ha, approximately equating the previous year. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 4.2% against the previous year. The banana yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of bananas production in Egypt rose to X ha, surging by 2.8% on 2021. The harvested area increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 9%. Over the period under review, the harvested area dedicated to banana production attained the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Banana Exports

Exports from Egypt

In 2022, shipments abroad of bananas increased by 1,492,570% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, banana exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Jordan (X tons), Palestine (X tons) and Tunisia (X tons) were the main destinations of banana exports from Egypt, together comprising 99% of total exports.

From 2014 to 2022, the biggest increases were recorded for Palestine (with a CAGR of +146.7%), while shipments for the other leaders experienced more modest paces of growth.

It was followed by Tunisia, with a 2.4% share.

From 2014 to 2022, the average annual rate of growth in terms of value to Jordan stood at +35.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+235.2% per year) and Tunisia (0.0% per year).

Export Prices by Country

The average banana export price stood at $X per ton in 2022, which is down by -16% against the previous year. Overall, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of 61%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+35.9%), while the prices for the other major destinations experienced more modest paces of growth.

Banana Imports

Imports into Egypt

In 2022, overseas purchases of bananas decreased by -54.6% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2015 with an increase of 237% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, banana imports plummeted to $X in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2015 with an increase of 234%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Ecuador (X tons) constituted the largest supplier of banana to Egypt, accounting for a 89% share of total imports. Moreover, banana imports from Ecuador exceeded the figures recorded by the second-largest supplier, Costa Rica (X tons), eightfold.

From 2014 to 2022, the average annual rate of growth in terms of volume from Ecuador amounted to -24.1%.

In value terms, Ecuador ($X) constituted the largest supplier of bananas to Egypt, comprising 89% of total imports. The second position in the ranking was held by Costa Rica ($X), with an 11% share of total imports.

From 2014 to 2022, the average annual rate of growth in terms of value from Ecuador amounted to -17.8%.

Import Prices by Country

In 2022, the average banana import price amounted to $X per ton, rising by 3.1% against the previous year. Over the period under review, import price indicated a prominent increase from 2014 to 2022: its price increased at an average annual rate of +6.8% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, banana import price decreased by -8.3% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 39%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per ton), while the price for Costa Rica stood at $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+8.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :