Egypt - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPyrethrum and Peppermint Price in Egypt - 2023
Contents:
- Pyrethrum and Peppermint Price in Egypt (FOB) - 2022
- Pyrethrum and Peppermint Price in Egypt (CIF) - 2022
- Pyrethrum and Peppermint Exports in Egypt
- Pyrethrum and Peppermint Imports in Egypt
Pyrethrum and Peppermint Price in Egypt (FOB) - 2022
The average pyrethrum and peppermint export price stood at $2,431 per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 22%. As a result, the export price attained the peak level of $2,631 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($3,000 per ton), while the average price for exports to Libya ($1,581 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 Saudi Arabia (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Pyrethrum and Peppermint Price in Egypt (CIF) - 2022
In 2022, the average pyrethrum and peppermint import price amounted to $2,097 per ton, with an increase of 15% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pyrethrum and peppermint import price increased by +43.2% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of 19%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Albania ($6,033 per ton), while the price for Uzbekistan ($1,312 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Albania (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pyrethrum and Peppermint Exports in Egypt
For the fourth year in a row, Egypt recorded growth in shipments abroad of pyrethrum and peppermint, which increased by 0.6% to 69K tons in 2022. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 7.3% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, pyrethrum and peppermint exports declined slightly to $169M in 2022. The total export value increased at an average annual rate of +13.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of $170M, leveling off in the following year.
| Export of Pyrethrum and Peppermint in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 34.8 | 41.9 | 44.3 | 48.6 | 11.8% |
| Germany | 25.3 | 25.8 | 31.0 | 31.8 | 7.9% |
| Russia | 5.6 | 6.2 | 10.6 | 10.0 | 21.3% |
| Brazil | 3.3 | 6.6 | 4.3 | 6.3 | 24.1% |
| Poland | 3.7 | 3.6 | 5.1 | 5.8 | 16.2% |
| Spain | 3.4 | 4.5 | 4.7 | 5.3 | 15.9% |
| Netherlands | 3.1 | 1.9 | 2.2 | 4.2 | 10.7% |
| Saudi Arabia | 2.1 | 2.8 | 2.4 | 4.0 | 24.0% |
| France | 3.5 | 3.4 | 7.8 | 4.0 | 4.6% |
| Canada | 2.3 | 2.5 | 3.1 | 3.2 | 11.6% |
| United Kingdom | 3.2 | 3.4 | 3.4 | 2.9 | -3.2% |
| Turkey | 1.3 | 1.4 | 2.0 | 2.6 | 26.0% |
| Others | 25.1 | 34.1 | 48.7 | 40.0 | 16.8% |
| Total | 117 | 138 | 170 | 169 | 13.0% |
Top Export Markets for Pyrethrum and Peppermint from Egypt in 2022:
- United States (18.7K tons)
- Germany (12.5K tons)
- Russia (5.0K tons)
- Brazil (3.3K tons)
- Poland (2.6K tons)
- Spain (2.5K tons)
- Netherlands (1.5K tons)
- France (1.5K tons)
- Turkey (1.3K tons)
- Saudi Arabia (1.3K tons)
- United Kingdom (1.2K tons)
- Canada (1.1K tons)
Pyrethrum and Peppermint Imports in Egypt
In 2022, the amount of pyrethrum and peppermint imported into Egypt reduced rapidly to 4K tons, falling by -35.3% on 2021 figures. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year.
In value terms, pyrethrum and peppermint imports shrank rapidly to $8.4M in 2022. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 49%.
| Import of Pyrethrum and Peppermint in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Syrian Arab Republic | N/A | N/A | N/A | 1,277 | 0% |
| Tunisia | 2,916 | 2,007 | 1,534 | 1,199 | -25.6% |
| Pakistan | 1,651 | 867 | 892 | 1,042 | -14.2% |
| Turkey | 762 | 537 | 433 | 896 | 5.5% |
| India | 1,610 | 1,156 | 1,547 | 667 | -25.5% |
| Uzbekistan | 431 | 723 | 730 | 521 | 6.5% |
| Nigeria | 598 | 215 | 2,680 | 466 | -8.0% |
| China | 734 | 658 | 894 | 412 | -17.5% |
| Afghanistan | 159 | 136 | 453 | 325 | 26.9% |
| Others | 2,582 | 1,290 | 2,157 | 1,635 | -14.1% |
| Total | 11,442 | 7,589 | 11,320 | 8,439 | -9.6% |
Top Suppliers of Pyrethrum and Peppermint to Egypt in 2022:
- Tunisia (754.2 tons)
- Pakistan (682.3 tons)
- Turkey (447.9 tons)
- Uzbekistan (397.0 tons)
- India (348.2 tons)
- Nigeria (269.6 tons)
- Afghanistan (216.3 tons)
- Syrian Arab Republic (211.6 tons)
- China (196.6 tons)
This report provides an in-depth analysis of the pyrethrum and peppermint market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 754 - Pyrethrum, dried flowers
- FCL 748 - Peppermint, Spearmint
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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