Egypt: Sugar Crop Market 2024

Sugar Crop Market Size in Egypt

The Egyptian sugar crop market reduced modestly to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Sugar Crop Production in Egypt

In value terms, sugar crop production declined to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

The average yield of sugar crops in Egypt expanded sharply to X tons per ha in 2022, picking up by X% against 2021 figures. The yield figure 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 2020 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the average sugar crop yield remained 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 2022, approx. X ha of sugar crops were harvested in Egypt; dropping by X% on the previous year. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the harvested area increased by X% against the previous year. The sugar crop harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

Sugar Crop Exports

Exports from Egypt

After four years of decline, overseas shipments of sugar crops increased by X% to X tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, sugar crop exports surged to $X in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for sugar crop exports from Egypt, with a X% share of total exports. Moreover, sugar crop exports to Saudi Arabia exceeded the volume sent to the second major destination, Palestine (X tons), twofold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (X% per year) and the United Arab Emirates (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for sugar crops exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Palestine ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average sugar crop export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to the United Arab Emirates ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar Crop Imports

Imports into Egypt

In 2022, overseas purchases of sugar crops decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sugar crop imports dropped dramatically to $X in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Cyprus (X tons), Lebanon (X tons) and Turkey (X tons) were the main suppliers of sugar crop imports to Egypt, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Cyprus ($X) constituted the largest supplier of sugar crops to Egypt, comprising X% of total imports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average sugar crop import price amounted to $X per ton, approximately reflecting the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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