Egypt: Sweet Potato Market 2024

Sweet Potato Market Size in Egypt

The Egyptian sweet potato market totaled $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Sweet Potato Production in Egypt

In value terms, sweet potato production soared to $X in 2022 estimated in export price. Over the period under review, production showed a prominent increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Sweet potato production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of sweet potatoes in Egypt reduced modestly to X tons per ha in 2022, falling by X% compared with the previous year's figure. In general, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the average sweet potato yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sweet potatoes were harvested in Egypt; with an increase of X% on the previous year's figure. Overall, the total harvested area indicated a perceptible increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sweet potato harvested area decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2019 to 2022, the growth of the sweet potato harvested area remained at a somewhat lower figure.

Sweet Potato Exports

Exports from Egypt

In 2022, shipments abroad of sweet potatoes increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, sweet potato exports surged to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

The Netherlands (X tons), the UK (X tons) and Saudi Arabia (X tons) were the main destinations of sweet potato exports from Egypt, together accounting for X% of total exports. The United Arab Emirates, France, Russia, Italy, Jordan, Kuwait and Lebanon lagged somewhat behind, together comprising a further X%.

From 2012 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, the Netherlands ($X), the UK ($X) and Saudi Arabia ($X) were the largest markets for sweet potato exported from Egypt worldwide, together accounting for X% of total exports. The United Arab Emirates, France, Russia, Italy, Jordan, Kuwait and Lebanon lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Russia, with a CAGR of X%, recorded 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

In 2022, the average sweet potato export price amounted to $X per ton, waning by X% against the previous year. In general, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then reduced 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 the Netherlands ($X per ton) and Russia ($X per ton), while the average price for exports to Kuwait ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Potato Imports

Imports into Egypt

In 2022, the amount of sweet potatoes imported into Egypt declined remarkably to X kg, with a decrease of X% compared with the previous year's figure. Over the period under review, imports showed a sharp slump. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, sweet potato imports declined notably to $X in 2022. In general, imports showed a dramatic decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Singapore (X kg) was the main sweet potato supplier to Egypt, accounting for a approx. X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of volume from Singapore was relatively modest.

In value terms, Singapore ($X) constituted the largest supplier of sweet potatoes to Egypt.

From 2013 to 2022, the average annual rate of growth in terms of value from Singapore was relatively modest.

Import Prices by Country

The average sweet potato import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. The import price peaked at $X per ton in 2021, and then dropped in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for Jordan amounted to X% per year.

Source: IndexBox Platform