Egypt: Pesticide Market 2024

Pesticide Market Size in Egypt

The Egyptian pesticide market was finally on the rise to reach $X in 2022, after two years of decline. The market value 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 throughout the analyzed period. Pesticide consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Pesticide Production in Egypt

In value terms, pesticide production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Pesticide production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Pesticide Exports

Exports from Egypt

In 2022, shipments abroad of pesticides decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, pesticide exports dropped to $X in 2022. In general, exports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Libya (X tons), India (X tons) and Sudan (X tons) were the main destinations of pesticide exports from Egypt, with a combined X% share of total exports. Saudi Arabia, Jordan, Tunisia, Somalia, Iraq, Kenya, Yemen and Russia lagged somewhat behind, together accounting for 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 Somalia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X), India ($X) and Libya ($X) constituted the largest markets for pesticide exported from Egypt worldwide, together accounting for X% of total exports. Jordan, Iraq, Somalia, Kenya, Saudi Arabia, Russia, Yemen and Tunisia lagged somewhat behind, together comprising a further X%.

Somalia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

The average pesticide export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price reached 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 Russia ($X per ton), while the average price for exports to Tunisia ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pesticide Imports

Imports into Egypt

In 2022, purchases abroad of pesticides was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, pesticide imports rose markedly to $X in 2022. In general, imports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest pesticide supplier to Egypt, accounting for a X% share of total imports. Moreover, pesticide imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The UK (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).

In value terms, China ($X) constituted the largest supplier of pesticides to Egypt, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).

Import Prices by Country

The average pesticide import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

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

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

Source: IndexBox Platform

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