Egypt: Veterinary Medicine Vaccines Market 2024

Veterinary Medicine Vaccines Market Size in Egypt

The Egyptian veterinary medicine vaccines market declined rapidly to $X in 2022, falling 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). Over the period under review, consumption showed a deep reduction. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Veterinary Medicine Vaccines Exports

Exports from Egypt

In 2022, shipments abroad of vaccines for veterinary medicine decreased by X% to X tons for the first time since 2014, thus ending a seven-year rising trend. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then fell notably in the following year.

In value terms, veterinary medicine vaccines exports contracted sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then fell sharply in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for veterinary medicine vaccines exports from Egypt, with a X% share of total exports. Moreover, veterinary medicine vaccines exports to the United Arab Emirates exceeded the volume sent to the second major destination, Pakistan (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (X% per year) and Nigeria (X% per year).

In value terms, the largest markets for veterinary medicine vaccines exported from Egypt were the United Arab Emirates ($X), Pakistan ($X) and Nigeria ($X), together comprising X% of total exports.

Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average veterinary medicine vaccines export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to the United Arab Emirates ($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 Nigeria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Veterinary Medicine Vaccines Imports

Imports into Egypt

In 2022, supplies from abroad of vaccines for veterinary medicine decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, imports faced a deep downturn. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, veterinary medicine vaccines imports fell significantly to $X in 2022. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced notably in the following year.

Imports by Country

Mexico (X tons), the United States (X tons) and France (X tons) were the main suppliers of veterinary medicine vaccines imports to Egypt, together comprising X% of total imports.

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

In value terms, the United States ($X), the Netherlands ($X) and Spain ($X) were the largest veterinary medicine vaccines suppliers to Egypt, together accounting for X% of total imports.

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average veterinary medicine vaccines import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, recorded a resilient increase. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then reduced in the following year.

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 ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :