Egypt: Durum Wheat Market 2024

Durum Wheat Market Size in Egypt

The Egyptian durum wheat market skyrocketed to $X in 2022, jumping by 21% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Durum Wheat Production in Egypt

In value terms, durum wheat production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt decrease. The growth pace was the most rapid in 2013 when the production volume increased by 28%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of durum wheat in Egypt reduced to X tons per ha, flattening at 2021. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by 6.7%. The durum wheat yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield failed to regain momentum. 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 durum wheat production in Egypt reached X ha, remaining relatively unchanged against the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 8.6%. Over the period under review, the harvested area dedicated to durum wheat production reached the peak figure at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

Durum Wheat Exports

Exports from Egypt

Durum wheat exports from Egypt declined dramatically to X tons in 2022, waning by -93.3% compared with 2021. Overall, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 952%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, durum wheat exports shrank rapidly to $X in 2022. In general, exports faced a precipitous decline. The growth pace was the most rapid in 2014 with an increase of 742% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for durum wheat exports from Egypt, accounting for a 70% share of total exports. Moreover, durum wheat exports to Canada exceeded the volume sent to the second major destination, Senegal (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (0.0% per year) and Bahrain (-19.6% per year).

In value terms, Canada ($X) emerged as the key foreign market for durum wheat exports from Egypt, comprising 67% of total exports. The second position in the ranking was taken by Senegal ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (0.0% per year) and Bahrain (+17.0% per year).

Export Prices by Country

In 2022, the average durum wheat export price amounted to $X per ton, growing by 86% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($X per ton), while the average price for exports to Canada ($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 Bahrain (+45.5%), while the prices for the other major destinations experienced more modest paces of growth.

Durum Wheat Imports

Imports into Egypt

Durum wheat imports into Egypt skyrocketed to X tons in 2022, rising by 44% against 2021 figures. Overall, imports recorded a perceptible increase. The pace of growth was the most pronounced in 2014 with an increase of 384%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, durum wheat imports surged to $X in 2022. Over the period under review, imports continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 325% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of durum wheat to Egypt, with a 52% share of total imports. Moreover, durum wheat imports from Russia exceeded the figures recorded by the second-largest supplier, Romania (X tons), threefold. The third position in this ranking was held by France (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Russia amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+20.3% per year) and France (+13.4% per year).

In value terms, Russia ($X) constituted the largest supplier of durum wheat to Egypt, comprising 52% of total imports. The second position in the ranking was held by Romania ($X), with a 16% share of total imports. It was followed by France, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+18.7% per year) and France (+11.7% per year).

Import Prices by Country

In 2022, the average durum wheat import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price, however, showed a mild downturn. The growth pace was the most rapid in 2016 an increase of 180% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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