Egypt - Cotton Lint - Market Analysis, Forecast, Size, Trends and Insights

Egypt: Overview of the Market for Cotton Lint 2019

Market Size for Cotton Lint in Egypt

The revenue of the market of cotton lint in Egypt amounted to $X in 2017, surging by X% against the previous year. Overall, consumption of cotton lint continues to indicate a deep drop. The pace of growth was the most pronounced in 2010, when market value increased by X% against the previous year. The consumption of cotton lint peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Production of Cotton Lint in Egypt

In 2017, production of cotton lint in Egypt totaled X tonnes, growing by X% against the previous year. In general, production of cotton lint continues to indicate an abrupt setback. The most prominent rate of growth was recorded in 2017, when the output figure increased by X% against the previous year. Over the period under review, the production of cotton lint reached its maximum volume of X tonnes in 2011; however, from 2012 to 2017, it stood at a somewhat lower level. Cotton lint and cotton seed output in Egypt indicated a deep deduction, which was largely conditioned by a deep downturn of the harvested area and a measured increase in yield figures.

In 2017, average yield of cotton lint in Egypt amounted to X tonne per ha, going up by X% against the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2013, when yield increased by X% y-o-y. In that year, the average yield of cotton lint reached their peak level of X tonne per ha. From 2014 to 2017, growth of the average yield of cotton lint stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of cotton lint were harvested in Egypt; rising by X% against the previous year. Overall, harvested area of cotton lint continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2017, when harvested area increased by X% y-o-y. The harvested area of cotton lint peaked of X ha in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Exports of Cotton Lint

Exports from Egypt

In 2017, exports of cotton lint from Egypt stood at X tonnes, shrinking by -X% against the previous year. In general, exports of cotton lint continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2015, when exports increased by X% year-to-year. The exports peaked of X tonnes in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, exports of cotton lint stood at $X in 2017. In general, exports of cotton lint continue to indicate an abrupt shrinkage. In that year, the exports of cotton lint reached their peak level of $X. From 2011 to 2017, growth of the exports of cotton lint failed to regain its momentum.

Exports by Country

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

From 2007 to 2017, the average annual growth rate of volume to India totaled +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).

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

From 2007 to 2017, the average annual growth rate of value 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).

Export Prices by Country

In 2017, the average export price for cotton lint amounted to $X per kg, coming up by X% against the previous year. In general, export price for cotton lint continues to indicate a slight descent. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The export price peaked of $X per kg in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Average export prices varied noticeably for the major foreign markets. In 2017, the highest prices were recorded for export prices to Slovenia ($X per kg) and India ($X per kg), while average price for exports to China ($X per kg) and Turkey ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to the U.S. (+X% per year), the export prices for the other major destinations experienced a decline.

Imports of Cotton Lint

Imports into Egypt

In 2017, the amount of cotton lint imported into Egypt stood at X tonnes, surging by X% against the previous year. Overall, imports of cotton lint continue to indicate a prominent expansion. The growth pace was the most rapid in 2017, when imports increased by X% y-o-y. In that year, the imports of cotton lint attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, imports of cotton lint stood at $X in 2017. In general, the total imports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The imports peaked in 2017, 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 accounting for X% of total imports. Russia and Ukraine lagged somewhat behind, together comprising a further X%.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

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

Burkina Faso (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the average import price for cotton lint amounted to $X per kg, growing by X% against the previous year. Overall, import price for cotton lint continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, 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 kg. From 2009 to 2017, growth of the average import prices for cotton lint stood at a somewhat lower level.

Import prices varied noticeably by the country of origin; the country with the highest import price was Ukraine ($X per kg), while price for Russia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Ukraine (+X% per year), the import prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform