Egypt: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2025

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Egypt

In 2022, after two years of growth, there was significant decline in the Egyptian market for coconut, abaca, ramie and other vegetable textile fibres, when its value decreased by -14% to $X. Overall, consumption, however, enjoyed a prominent increase. Consumption of peaked at $X in 2021, and then declined in the following year.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports from Egypt

In 2022, overseas shipments of coconut, abaca, ramie and other vegetable textile fibres decreased by -93.7% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 630% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres declined significantly to $X in 2022. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of 569% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for exports of coconut, abaca, ramie and other vegetable textile fibres from Egypt, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for coconut, abaca, ramie and other vegetable textile fibres exports from Egypt.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia was relatively modest.

Export Prices by Country

In 2022, the average export price for coconut, abaca, ramie and other vegetable textile fibres amounted to $X per ton, rising by 9.8% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 379%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +61.5% per year.

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports into Egypt

In 2022, purchases abroad of coconut, abaca, ramie and other vegetable textile fibres decreased by -19.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 121% against the previous year. Imports peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres shrank slightly to $X in 2022. Overall, imports, however, recorded a moderate expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 129%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Brazil (X tons), Kenya (X tons) and Tanzania (X tons) were the main suppliers of imports of coconut, abaca, ramie and other vegetable textile fibres to Egypt, with a combined 97% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of +61.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Kenya ($X) and Tanzania ($X) appeared to be the largest coconut, abaca, ramie and other vegetable textile fibre suppliers to Egypt, together accounting for 97% of total imports.

Tanzania, with a CAGR of +47.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, picking up by 24% against the previous year. In general, the import price, however, recorded a noticeable curtailment. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform