Egypt: Avocado Market 2024

Avocado Market Size in Egypt

The Egyptian avocado market surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption continues to indicate a significant increase. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the near future.

Avocado Production in Egypt

In value terms, avocado production reached $X in 2022 estimated in export price. Over the period under review, production posted a resilient increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The average yield of avocados in Egypt stood at less than X kg per ha in 2022, almost unchanged from the year before. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The avocado harvested area in Egypt totaled less than X ha in 2022, flattening at 2021 figures. Overall, the harvested area recorded a relatively flat trend pattern.

Avocado Exports

Exports from Egypt

In 2022, shipments abroad of avocados increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, avocado exports soared to $X in 2022. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for avocado exports from Egypt, with a X% share of total exports. Moreover, avocado exports to the UK exceeded the volume sent to the second major destination, Saudi Arabia (X tons), sixfold. The third position in this ranking was held by Malaysia (X tons), with a X% share.

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

In value terms, the UK ($X) remains the key foreign market for avocados exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

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

Export Prices by Country

The average avocado export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, avocado export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to the United Arab Emirates ($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 Kuwait (X%), while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into Egypt

For the sixth consecutive year, Egypt recorded growth in overseas purchases of avocados, which increased by X% to X tons in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, avocado imports soared to $X in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Kenya (X tons), Lebanon (X tons) and Uganda (X tons) were the main suppliers of avocado imports to Egypt, together comprising X% 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 more modest paces of growth.

In value terms, the largest avocado suppliers to Egypt were Kenya ($X), Lebanon ($X) and Uganda ($X), with a combined X% share of total imports.

In terms of the main suppliers, Lebanon, with a CAGR of X%, recorded 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 avocado import price stood at $X per ton in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uganda ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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