Egypt: Veterinary Medicine Vaccines Market 2025

Veterinary Medicine Vaccines Market Size in Egypt

The Egyptian veterinary medicine vaccines market surged to $X in 2021, jumping by 23% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +46.3% against 2017 indices. Veterinary medicine vaccines consumption peaked in 2021 and is expected to retain growth in years to come.

Veterinary Medicine Vaccines Exports

Exports from Egypt

For the seventh year in a row, Egypt recorded growth in overseas shipments of vaccines for veterinary medicine, which increased by 15% to X tons in 2021. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 762%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, veterinary medicine vaccines exports soared to $X in 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2018 when exports increased by 791% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for veterinary medicine vaccines exports from Egypt, accounting for a 54% share of total exports. Moreover, veterinary medicine vaccines exports to the United Arab Emirates exceeded the volume sent to the second major destination, Thailand (X tons), twofold. Pakistan (X tons) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled +34.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (0.0% per year) and Pakistan (-17.8% per year).

In value terms, Thailand ($X) emerged as the key foreign market for vaccines for veterinary medicine exports from Egypt, comprising 49% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 12% share of total exports. It was followed by the United Arab Emirates, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to Thailand totaled +693.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+79.0% per year) and the United Arab Emirates (+32.2% per year).

Export Prices by Country

The average veterinary medicine vaccines export price stood at $X per ton in 2021, increasing by 191% against the previous year. In general, the export price posted a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Nigeria ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4,891.9%), while the prices for the other major destinations experienced more modest paces of growth.

Veterinary Medicine Vaccines Imports

Imports into Egypt

In 2021, purchases abroad of vaccines for veterinary medicine decreased by -11.5% to X tons, falling for the second consecutive year after two years of growth. Overall, imports showed a mild slump. The most prominent rate of growth was recorded in 2015 when imports increased by 74%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, veterinary medicine vaccines imports surged to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +53.8% against 2017 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 28% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

The United States (X tons), Mexico (X tons) and France (X tons) were the main suppliers of veterinary medicine vaccines imports to Egypt, together accounting for 64% of total imports. These countries were followed by the Netherlands, China, Spain, South Korea, Italy, Hungary and Germany, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +23.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest veterinary medicine vaccines suppliers to Egypt were the United States ($X), the Netherlands ($X) and Spain ($X), with a combined 76% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +44.8%, saw 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 veterinary medicine vaccines import price stood at $X per ton in 2021, growing by 41% against the previous year. Over the period under review, the import price posted a strong expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 86% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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