Egypt: Grain Market 2024

Grain Market Size in Egypt

The Egyptian grain market soared to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Grain consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Grain Production in Egypt

In value terms, grain production stood at $X in 2022 estimated in export price. In general, production, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of grain in Egypt stood at X tons per ha in 2022, approximately equating the previous year. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the average grain 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.

The grain harvested area in Egypt was estimated at X ha in 2022, remaining constant against the previous year. Over the period under review, the harvested area, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the harvested area dedicated to grain production reached the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Grain Exports

Exports from Egypt

In 2022, the amount of grain exported from Egypt shrank notably to X tons, dropping by X% compared with the previous year's figure. Overall, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, grain exports shrank rapidly to $X in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Libya (X tons), Jordan (X tons) and Belgium (X tons) were the main destinations of grain exports from Egypt, together accounting for X% of total exports. Iraq, Albania, Oman, Palestine, Saudi Arabia, Turkey, Sudan, Portugal, Yemen and Kenya lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Libya ($X), Belgium ($X) and Oman ($X) appeared to be the largest markets for grain exported from Egypt worldwide, with a combined X% share of total exports. Jordan, Albania, Palestine, Saudi Arabia, Turkey, Sudan, Portugal, Iraq, Yemen and Kenya lagged somewhat behind, together accounting for a further X%.

Kenya, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average grain export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a perceptible descent. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Iraq ($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 Yemen (X%), while the prices for the other major destinations experienced more modest paces of growth.

Grain Imports

Imports into Egypt

In 2022, imports of grain into Egypt surged to X tons, picking up by X% on the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, grain imports soared to $X in 2022. Overall, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Russia (X tons), Brazil (X tons) and Argentina (X tons) were the main suppliers of grain imports to Egypt, together comprising X% of total imports. Romania, France, Ukraine, Bulgaria and the United States lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest grain suppliers to Egypt were Russia ($X), Brazil ($X) and Romania ($X), together accounting for X% of total imports. Argentina, France, Ukraine, Bulgaria and the United States lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average grain import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform

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