Egypt: Fungicide And Bactericide Market 2024

Fungicide And Bactericide Market Size in Egypt

In 2022, the Egyptian fungicide and bactericide market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Fungicide And Bactericide Exports

Exports from Egypt

In 2022, after two years of growth, there was significant decline in overseas shipments of fungicides, bactericides and seed treatments, when their volume decreased by X% to X tons. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, fungicide and bactericide exports declined dramatically to $X in 2022. Over the period under review, exports, however, recorded a temperate expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell sharply in the following year.

Exports by Country

South Africa (X tons), Russia (X tons) and Iraq (X tons) were the main destinations of fungicide and bactericide exports from Egypt, together accounting for X% of total exports.

From 2013 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Russia ($X) and Iraq ($X) were the largest markets for fungicide and bactericide exported from Egypt worldwide, together accounting for X% of total exports.

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

Export Prices by Country

The average fungicide and bactericide export price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then declined rapidly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($X per ton) and Iraq ($X per ton), while the average price for exports to Syrian Arab Republic ($X per ton) and Jordan ($X per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fungicide And Bactericide Imports

Imports into Egypt

In 2022, the amount of fungicides, bactericides and seed treatments imported into Egypt contracted to X tons, waning by X% on the previous year's figure. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, fungicide and bactericide imports contracted modestly to $X in 2022. In general, imports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of fungicide and bactericide imports to Egypt, together accounting for X% of total imports. The UK, the United States, India, Germany, Turkey, Jordan, Denmark, Hungary, Saudi Arabia and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fungicide and bactericide suppliers to Egypt were China ($X), Spain ($X) and Italy ($X), together comprising X% of total imports. The UK, the United States, India, Germany, Turkey, Jordan, Denmark, Hungary, Saudi Arabia and France lagged somewhat behind, together comprising a further X%.

Saudi Arabia, with a CAGR of X%, saw the highest growth rate of 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 fungicide and bactericide import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Jordan ($X per ton) and India ($X per ton), while the price for Hungary ($X per ton) and France ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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