Egypt: Market for Broad Beans And Horse Beans (Dry) 2024

Market Size for Broad Beans And Horse Beans (Dry) in Egypt

In 2022, after three years of decline, there was significant growth in the Egyptian market for broad beans and horse beans (dry), when its value increased by X% to $X. Over the period under review, consumption, however, recorded a slight setback. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Broad Beans And Horse Beans (Dry) in Egypt

In value terms, broad bean and horse bean production skyrocketed to $X in 2022 estimated in export price. Overall, production showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Broad bean and horse bean production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of broad beans and horse beans (dry) in Egypt reduced to X tons per ha in 2022, waning by X% on the previous year. 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 in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average broad bean and horse bean yield failed to regain momentum. 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 broad beans and horse beans (dry) were harvested in Egypt; dropping by X% against 2021. In general, the harvested area recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the harvested area attained the peak level of X ha. From 2018 to 2022, the growth of the broad bean and horse bean harvested area remained at a somewhat lower figure.

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Exports of Broad Beans And Horse Beans (Dry)

Exports from Egypt

Broad bean and horse bean exports from Egypt surged to X tons in 2022, increasing by X% against 2021. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, broad bean and horse bean exports surged to $X in 2022. Over the period under review, exports recorded strong growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Saudi Arabia (X tons), Morocco (X tons) and Jordan (X tons) were the main destinations of broad bean and horse bean exports from Egypt, together comprising X% of total exports. The United Arab Emirates, Algeria, Italy, Yemen, Palestine, Spain, Turkey, Kuwait and Sudan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Palestine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Morocco ($X) and Jordan ($X) constituted the largest markets for broad bean and horse bean exported from Egypt worldwide, together comprising X% of total exports. The United Arab Emirates, Algeria, Italy, Yemen, Palestine, Spain, Turkey, Kuwait and Sudan lagged somewhat behind, together accounting for a further X%.

Palestine, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for broad beans and horse beans (dry) amounted to $X per ton, jumping by X% against the previous year. Overall, the export price, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jordan ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Kuwait ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Egypt

In 2022, overseas purchases of broad beans and horse beans (dry) increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, broad bean and horse bean imports skyrocketed to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of broad bean and horse bean to Egypt, with a X% share of total imports. Moreover, broad bean and horse bean imports from Australia exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was taken by Lithuania (X tons), with a X% share.

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

In value terms, Australia ($X) constituted the largest supplier of broad beans and horse beans (dry) to Egypt, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Lithuania (X% per year).

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price saw a pronounced downturn. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price attained 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 highest price was recorded for prices from Australia ($X per ton) and Latvia ($X per ton), while the price for the UK ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform