Egypt: Cereal Flour Market 2024

Cereal Flour Market Size in Egypt

The Egyptian cereal flour market rose rapidly to $X in 2022, increasing by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Cereal flour consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Cereal Flour Production in Egypt

In value terms, cereal flour production rose markedly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Cereal flour production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Cereal Flour Exports

Exports from Egypt

Cereal flour exports from Egypt dropped remarkably to X tons in 2022, shrinking by X% on the previous year's figure. In general, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cereal flour exports fell markedly to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Sudan (X tons) was the main destination for cereal flour exports from Egypt, accounting for a X% share of total exports. Moreover, cereal flour exports to Sudan exceeded the volume sent to the second major destination, Somalia (X tons), threefold. Madagascar (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Sudan ($X) remains the key foreign market for cereal flours exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Somalia ($X), with a X% share of total exports. It was followed by Madagascar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sudan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X% per year) and Madagascar (X% per year).

Export Prices by Country

The average cereal flour export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price recorded a moderate increase. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Sudan ($X per ton) and Madagascar ($X per ton), while the average price for exports to Syrian Arab Republic ($X per ton) and Yemen ($X per ton) were amongst the lowest.

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

Cereal Flour Imports

Imports into Egypt

In 2022, purchases abroad of cereal flours decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, showed a notable expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, cereal flour imports dropped to $X in 2022. Overall, imports, however, showed moderate growth. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of cereal flour to Egypt, accounting for a X% share of total imports. Moreover, cereal flour imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. France (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and France (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of cereal flours to Egypt, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and France (X% per year).

Import Prices by Country

The average cereal flour import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and the Netherlands ($X per ton), while the price for Turkey ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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