Egypt: Market for Preparations Used In Animal Feeding 2024

Market Size for Preparations Used In Animal Feeding in Egypt

The Egyptian preparations for animal feeding market expanded remarkably to $X in 2022, with an increase of 9.6% against the previous year. Overall, the total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -8.2% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Preparations Used In Animal Feeding in Egypt

In value terms, preparations for animal feeding production expanded remarkably to $X in 2022 estimated in export price. In general, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -9.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 64%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Preparations Used In Animal Feeding

Exports from Egypt

In 2022, the amount of preparations used in animal feeding exported from Egypt soared to X tons, growing by 24% compared with 2021. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 278% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, preparations for animal feeding exports soared to $X in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 253%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Uganda (X tons), Kenya (X tons) and Libya (X tons) were the main destinations of preparations for animal feeding exports from Egypt, with a combined 61% share of total exports. Palestine, Israel, Bangladesh, Saudi Arabia, the United Arab Emirates, Lebanon and Jordan lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Palestine (with a CAGR of +111.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preparations for animal feeding exported from Egypt were Uganda ($X), Kenya ($X) and Libya ($X), together comprising 63% of total exports. Palestine, Israel, Bangladesh, Saudi Arabia, Lebanon, the United Arab Emirates and Jordan lagged somewhat behind, together accounting for a further 27%.

Among the main countries of destination, Palestine, with a CAGR of +129.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preparations for animal feeding export price stood at $X per ton in 2022, increasing by 4% against the previous year. Overall, the export price posted a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 64% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+44.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Preparations Used In Animal Feeding

Imports into Egypt

In 2022, imports of preparations used in animal feeding into Egypt reduced to X tons, waning by -7.3% against the year before. In general, imports showed a abrupt decline. The growth pace was the most rapid in 2015 with an increase of 37%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, preparations for animal feeding imports expanded sharply to $X in 2022. Over the period under review, imports saw a noticeable decline. The pace of growth was the most pronounced in 2014 when imports increased by 30%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of preparations for animal feeding imports to Egypt, together comprising 32% of total imports. France, the Netherlands, Italy, the United States, Jordan, Malaysia, the UK, Spain, Turkey and Tunisia lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +10.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Belgium ($X) and Germany ($X) appeared to be the largest preparations for animal feeding suppliers to Egypt, together accounting for 32% of total imports. France, the Netherlands, Italy, the United States, Jordan, Malaysia, the UK, Spain, Turkey and Tunisia lagged somewhat behind, together accounting for a further 48%.

Among the main suppliers, Malaysia, with a CAGR of +19.4%, recorded the highest growth rate of 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

The average preparations for animal feeding import price stood at $X per ton in 2022, increasing by 15% against the previous year. In general, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per ton) and Italy ($X per ton), while the price for Tunisia ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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