Egypt: Soybean Oilcake Market 2025

Soybean Oilcake Market Size in Egypt

The Egyptian soybean oilcake market soared to $X in 2021, with an increase of 29% against the previous year. Over the period under review, consumption, however, continues to indicate a slight expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Soybean Oilcake Production in Egypt

In value terms, soybean oilcake production expanded slightly to $X in 2021 estimated in export price. Overall, production enjoyed a pronounced expansion. The growth pace was the most rapid in 2018 when the production volume increased by 68%. Soybean oilcake production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Soybean Oilcake Exports

Exports from Egypt

Soybean oilcake exports from Egypt rose notably to X tons in 2021, surging by 12% on 2020 figures. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, soybean oilcake exports surged to $X in 2021. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Syrian Arab Republic (X tons) was the main destination for soybean oilcake exports from Egypt, accounting for a 84% share of total exports. Moreover, soybean oilcake exports to Syrian Arab Republic exceeded the volume sent to the second major destination, Lebanon (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Syrian Arab Republic amounted to +137.1%.

In value terms, Syrian Arab Republic ($X) emerged as the key foreign market for soybean oilcake exports from Egypt, comprising 84% of total exports. The second position in the ranking was taken by Lebanon ($X), with a 7.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Syrian Arab Republic amounted to +206.9%.

Export Prices by Country

In 2021, the average soybean oilcake export price amounted to $X per ton, rising by 29% against the previous year. Over the period under review, the export price showed a pronounced expansion. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the average price for exports to Syrian Arab Republic stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.

Soybean Oilcake Imports

Imports into Egypt

In 2021, purchases abroad of soybean oilcake decreased by -98.6% to X tons, falling for the fifth year in a row after three years of growth. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 41% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, soybean oilcake imports shrank markedly to $X in 2021. In general, imports saw a precipitous descent. The pace of growth appeared the most rapid in 2016 when imports increased by 27% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main soybean oilcake supplier to Egypt, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -53.0%.

In value terms, the United States ($X) constituted the largest supplier of soybean oilcake to Egypt.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -51.8%.

Import Prices by Country

The average soybean oilcake import price stood at $X per ton in 2021, rising by 29% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 31% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +2.4% per year.

Source: IndexBox Platform

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