Egypt: Milled Rice Market 2020

Milled Rice Market Size in Egypt

The revenue of the milled rice market in Egypt amounted to $X in 2018, rising by X% against the previous year. Over the period under review, the total market indicated a measured expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milled rice consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Milled rice consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Milled Rice Production in Egypt

In value terms, milled rice production stood at $X in 2018 estimated in export prices. Over the period under review, milled rice production continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2008 when production volume increased by X% y-o-y. In that year, milled rice production reached its peak level of $X. From 2009 to 2018, milled rice production growth failed to regain its momentum.

Average yield of milled rice in Egypt amounted to X ton per ha in 2018, stabilizing at the previous year. Overall, the milled rice yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Milled rice yield peaked at X ton per ha in 2007; however, from 2008 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of milled rice in Egypt amounted to X ha, approximately mirroring the previous year. Overall, the milled rice harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to milled rice production attained its peak figure at X ha in 2008; however, from 2009 to 2018, harvested area failed to regain its momentum.

Milled Rice Exports

Exports from Egypt

In 2018, the exports of milled rice from Egypt totaled X tons, flattening at the previous year. Over the period under review, milled rice exports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Exports peaked at X tons in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

In value terms, milled rice exports totaled $X in 2018. Over the period under review, milled rice exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, milled rice exports attained their peak figure at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Lebanon (X tons), Syrian Arab Republic (X tons) and Switzerland (X tons) were the main destinations of milled rice exports from Egypt, with a combined X% share of total exports. Belgium, Libya, Spain, Turkey, Senegal, France, the UK and Guinea lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by France, while exports for the other leaders experienced more modest paces of growth.

In value terms, Lebanon ($X) remains the key foreign market for milled rice exports from Egypt, comprising X% of total milled rice exports. The second position in the ranking was occupied by Syrian Arab Republic ($X), with a X% share of total exports. It was followed by Libya, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Lebanon amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (-X% per year) and Libya (-X% per year).

Export Prices by Country

In 2018, the average milled rice export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milled rice export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Lebanon ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Egypt

In 2018, the amount of milled rice imported into Egypt stood at X tons, rising by X% against the previous year. Overall, milled rice imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, milled rice imports totaled $X in 2018. Over the period under review, milled rice imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, India (X tons) constituted the largest milled rice supplier to Egypt, accounting for a X% share of total imports. Moreover, milled rice imports from India exceeded the figures recorded by the second-largest supplier, Thailand (X tons), ninefold. The third position in this ranking was occupied by Pakistan (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from India stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Pakistan (+X% per year).

In value terms, India ($X) constituted the largest supplier of milled rice to Egypt, comprising X% of total milled rice imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2007 to 2018, the average annual growth rate of value from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Pakistan (+X% per year).

Import Prices by Country

In 2018, the average milled rice import price amounted to $X per ton, falling by -X% against the previous year. In general, the milled rice import price, however, continues to indicate a measured expansion. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. In that year, the average import prices for milled rice reached their peak level of $X per ton. From 2015 to 2018, the growth in terms of the average import prices for milled rice failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform