Egypt: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in Egypt

After three years of growth, the Egyptian market for starch other than wheat, corn or potato decreased by -X% to $X in 2021. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2017 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Production of Starch other than Wheat, Corn or Potato in Egypt

In value terms, production of starch other than wheat, corn or potato reduced to $X in 2021 estimated in export price. Overall, production saw buoyant growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then declined in the following year.

Exports of Starch other than Wheat, Corn or Potato

Exports from Egypt

In 2021, overseas shipments of starch other than wheat, corn or potato decreased by -X% to X tons, falling for the second year in a row after eight years of growth. Over the period under review, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of starch other than wheat, corn or potato reduced to $X in 2021. Overall, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2020, and then contracted in the following year.

Exports by Country

Syrian Arab Republic (X tons), Tunisia (X tons) and Nigeria (X tons) were the main destinations of exports of starch other than wheat, corn or potato from Egypt, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Syrian Arab Republic (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Syrian Arab Republic ($X), Tunisia ($X) and Nigeria ($X) appeared to be the largest markets for starch other than wheat, corn or potato exported from Egypt worldwide, with a combined X% share of total exports.

Among the main countries of destination, Nigeria, with a CAGR of +X%, 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 export price for starch other than wheat, corn or potato stood at $X per ton in 2021, jumping by X% against the previous year. Over the period under review, the export price recorded resilient growth. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to Cote d'Ivoire ($X per ton) and Tunisia ($X per ton), while the average price for exports to Tanzania ($X per ton) and Syrian Arab Republic ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Starch other than Wheat, Corn or Potato

Imports into Egypt

In 2021, imports of starch other than wheat, corn or potato into Egypt declined rapidly to X tons, which is down by -X% on the previous year. Overall, imports faced a precipitous setback. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of starch other than wheat, corn or potato contracted markedly to $X in 2021. Over the period under review, imports recorded a sharp contraction. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) was the main starch other than wheat, corn or potato supplier to Egypt, accounting for a X% share of total imports. It was followed by Germany (X kg), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at -X%.

In value terms, France ($X) constituted the largest supplier of starch other than wheat, corn or potato to Egypt, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from France totaled -X%.

Import Prices by Country

The average import price for starch other than wheat, corn or potato stood at $X per ton in 2021, which is down by -X% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for starch other than wheat, corn or potato decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Germany totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%).

Source: IndexBox Platform

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