Report Update Nov 1, 2024

Egypt - Coconut - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Coconut Market 2024

Coconut Market Size in Egypt

The Egyptian coconut market declined sharply to $X in 2022, with a decrease of -17.5% against the previous year. In general, consumption continues to indicate a deep contraction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Coconut Production in Egypt

In value terms, coconut production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume decreased by 99.9% against the previous year. Coconut production peaked in 2022 and is expected to retain growth in the near future.

In 2022, the average coconut yield in Egypt amounted to less than X kg per ha, almost unchanged from 2021. Over the period under review, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The coconut harvested area in Egypt totaled less than X ha in 2022, almost unchanged from the previous year's figure. In general, the harvested area recorded a relatively flat trend pattern.

Coconut Exports

Exports from Egypt

In 2022, approx. X tons of coconuts were exported from Egypt; waning by -86.6% against the previous year's figure. Overall, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 276% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, coconut exports shrank significantly to $X in 2022. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of 563% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tunisia (X tons) was the main destination for coconut exports from Egypt, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Tunisia was relatively modest.

In value terms, Tunisia ($X) emerged as the key foreign market for coconuts exports from Egypt.

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

Export Prices by Country

In 2022, the average coconut export price amounted to $X per ton, jumping by 93% against the previous year. Overall, the export price, however, continues to indicate a perceptible shrinkage. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +63.8% per year.

Coconut Imports

Imports into Egypt

For the fourth year in a row, Egypt recorded decline in purchases abroad of coconuts, which decreased by -28.4% to X tons in 2022. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 380%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, coconut imports shrank markedly to $X in 2022. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 292%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), Sri Lanka (X tons) and Vietnam (X tons) were the main suppliers of coconut imports to Egypt, together comprising 82% of total imports. Kenya lagged somewhat behind, comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of +22.5%), while purchases for the other leaders experienced a decline.

In value terms, the largest coconut suppliers to Egypt were India ($X), Sri Lanka ($X) and Vietnam ($X), together accounting for 82% of total imports. These countries were followed by Kenya, which accounted for a further 18%.

Kenya, with a CAGR of +29.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average coconut import price amounted to $X per ton, increasing by 8.1% against the previous year. Overall, the import price posted a moderate expansion. The most prominent rate of growth was recorded in 2013 an increase of 81%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Vietnam ($X per ton) and Sri Lanka ($X per ton), while the price for Kenya ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for coconuts in the world?

The countries with the highest volumes of in 2020 were Indonesia, India and the Philippines, together accounting for 73% of global consumption. Brazil, Sri Lanka, Vietnam, Papua New Guinea and China lagged somewhat behind, together accounting for a further 14%.

What are the largest producers of coconuts in the world?

The countries with the highest volumes of in 2020 were Indonesia, India and the Philippines, with a combined 74% share of global production. Brazil, Sri Lanka, Vietnam and Papua New Guinea lagged somewhat behind, together comprising a further 12%.

What are the leading suppliers of coconuts to Egypt?

In value terms, Vietnam constituted the largest supplier of coconut to Egypt, comprising 72% of total imports. The second position in the ranking was occupied by Indonesia, with a 26% share of total imports.

What are the leading importers of coconuts from Egypt?

In value terms, Poland, the United Arab Emirates and Norway appeared to be the largest markets for coconut exported from Egypt worldwide, with a combined 93% share of total exports. Luxembourg lagged somewhat behind, accounting for a further 6.4%.

What is the average export price for coconuts in Egypt?

The average coconut export price stood at $933 per ton in 2020, rising by 51% against the previous year.

What is the average import price for coconuts in Egypt?

The average coconut import price stood at $1,467 per ton in 2020, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the coconut market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 249 - Coconuts

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023