Egypt: Market for Glycosides And Vegetable Alkaloids 2024

Market Size for Glycosides And Vegetable Alkaloids in Egypt

The Egyptian glycosides and vegetable alkaloids market was estimated at $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a mild decline. Glycosides and vegetable alkaloids consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Exports of Glycosides And Vegetable Alkaloids

Exports from Egypt

For the third consecutive year, Egypt recorded growth in overseas shipments of glycosides and vegetable alkaloids, which increased by X% to X kg in 2022. Over the period under review, exports, however, recorded a abrupt setback. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, glycosides and vegetable alkaloids exports expanded slightly to $X in 2022. Overall, exports, however, faced a abrupt setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Angola (X kg) was the main destination for glycosides and vegetable alkaloids exports from Egypt, with a X% share of total exports. Moreover, glycosides and vegetable alkaloids exports to Angola exceeded the volume sent to the second major destination, Turkey (X kg), ninefold. Syrian Arab Republic (X kg) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Angola amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Syrian Arab Republic (X% per year).

In value terms, Angola ($X) emerged as the key foreign market for glycosides and vegetable alkaloids exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Syrian Arab Republic ($X), with an X% share of total exports. It was followed by Turkey, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Angola stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (X% per year) and Turkey (X% per year).

Export Prices by Country

The average glycosides and vegetable alkaloids export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Syrian Arab Republic ($X per ton), while the average price for exports to Sudan ($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 Burundi (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Glycosides And Vegetable Alkaloids

Imports into Egypt

Glycosides and vegetable alkaloids imports into Egypt shrank to X tons in 2022, waning by X% on 2021. In general, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, glycosides and vegetable alkaloids imports skyrocketed to $X in 2022. Overall, imports showed a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), India (X tons) and China (X tons) were the main suppliers of glycosides and vegetable alkaloids imports to Egypt, together comprising X% of total imports. Germany, Spain and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glycosides and vegetable alkaloids suppliers to Egypt were France ($X), India ($X) and Spain ($X), with a combined X% share of total imports.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average glycosides and vegetable alkaloids import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price recorded noticeable growth. The growth pace was the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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