Egypt: Green Peas Market 2024

Green Peas Market Size in Egypt

The Egyptian green peas market stood at $X in 2023, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Green Peas Production in Egypt

In value terms, green peas production fell to $X in 2023 estimated in export price. Overall, production saw a noticeable expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a lower figure.

The average yield of peas (green) in Egypt dropped modestly to X tons per ha in 2023, leveling off at the year before. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the yield increased by X%. The green peas yield peaked at X tons per ha in 2016; however, from 2017 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the harvested area of peas (green) in Egypt expanded modestly to X ha, with an increase of X% compared with the previous year. Over the period under review, the harvested area, however, showed a slight decline. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to green peas production attained the peak figure at X ha in 2018; however, from 2019 to 2023, the harvested area failed to regain momentum.

Green Peas Exports

Exports from Egypt

For the third consecutive year, Egypt recorded growth in shipments abroad of peas (green), which increased by X% to X tons in 2023. Overall, exports, however, showed a deep downturn. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, green peas exports surged to $X in 2023. In general, exports showed modest growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in years to come.

Exports by Country

The UK (X tons), the Netherlands (X tons) and Belgium (X tons) were the main destinations of green peas exports from Egypt, with a combined X% share of total exports. Palestine, France, Germany, Iraq, Libya and Jordan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Palestine (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), the Netherlands ($X) and Belgium ($X) constituted the largest markets for green peas exported from Egypt worldwide, with a combined X% share of total exports. Palestine, France, Germany, Iraq, Libya and Jordan lagged somewhat behind, together comprising 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 2023, the average green peas export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2022, and then declined modestly in the following year.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the countries with the highest prices were Jordan ($X per ton) and Iraq ($X per ton), while the average price for exports to France ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Egypt

In 2022, green peas imports into Egypt totaled X kg, approximately reflecting the year before. Overall, imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, green peas imports stood at $X in 2022. Over the period under review, imports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Canada (X kg) was the main green peas supplier to Egypt, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada was relatively modest.

In value terms, Canada ($X) constituted the largest supplier of peas (green) to Egypt.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada was relatively modest.

Import Prices by Country

In 2022, the average green peas import price amounted to $X per ton, standing approx. at the previous year. In general, the import price recorded a mild shrinkage. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to X% per year.

Source: IndexBox Platform