Egypt: Overview of the Market for Cotton Lint 2019

Market Size for Cotton Lint in Egypt

The revenue of the market for cotton lint in Egypt amounted to $X in 2018, dropping by -X% against the previous year. In general, consumption of cotton lint continues to indicate a slight descent. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Consumption of cotton lint peaked at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Production of Cotton Lint in Egypt

In value terms, production of cotton lint stood at $X in 2018 estimated in export prices. In general, production of cotton lint continues to indicate an abrupt downturn. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, production of cotton lint attained its maximum level at $X in 2011; however, from 2012 to 2018, production remained at a lower figure.

Exports of Cotton Lint

Exports from Egypt

In 2018, the exports of cotton lint from Egypt amounted to X tonnes, going up by X% against the previous year. Overall, exports of cotton lint, however, continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports of cotton lint attained their peak figure at X tonnes in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, exports of cotton lint totaled $X in 2018. In general, exports of cotton lint, however, continue to indicate a mild slump. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. In that year, exports of cotton lint reached their peak of $X. From 2011 to 2018, the growth of exports of cotton lint remained at a lower figure.

Exports by Country

India (X tonnes) was the main destination for exports of cotton lint from Egypt, accounting for a X% share of total exports. Moreover, exports of cotton lint to India exceeded the volume sent to the second major destination, Pakistan (X tonnes), threefold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (-X% per year) and China (-X% per year).

In value terms, India ($X) remains the key foreign market for cotton lint and cotton seed exports from Egypt, comprising X% of total exports of cotton lint. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to India stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (-X% per year) and China (-X% per year).

Export Prices by Country

The average export price for cotton lint stood at $X per tonne in 2018, remaining relatively unchanged against the previous year. Overall, the export price indicated temperate growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, export price for cotton lint increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for cotton lint reached their maximum at $X per tonne in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Turkey ($X per tonne), while the average price for exports to El Salvador ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Turkey, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton Lint

Imports into Egypt

In 2018, the amount of cotton lint imported into Egypt amounted to X tonnes, growing by X% against the previous year. Over the period under review, imports of cotton lint continue to indicate prominent growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, imports of cotton lint stood at $X in 2018. Over the period under review, imports of cotton lint continue to indicate a buoyant increase. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports of cotton lint attained their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

Greece (X tonnes), the U.S. (X tonnes) and Burkina Faso (X tonnes) were the main suppliers of imports of cotton lint to Egypt, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the U.S., while the other leaders experienced more modest paces of growth.

In value terms, the largest cotton lint and cotton seed suppliers to Egypt were Syrian Arab Republic ($X), Greece ($X) and the U.S. ($X), together accounting for X% of total imports.

The U.S. recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average import price for cotton lint amounted to $X per tonne, going up by X% against the previous year. Over the period under review, the import price for cotton lint continues to indicate significant growth. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. In that year, the average import prices for cotton lint attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average import prices for cotton lint failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Syrian Arab Republic ($X per tonne), while the price for Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform