Egypt: Vegetable Market 2024

Vegetable Market Size in Egypt

The Egyptian vegetable market rose to $X in 2023, surging by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Vegetable consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Vegetable Production in Egypt

In value terms, vegetable production rose modestly to $X in 2023 estimated in export price. In general, the total production indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

In 2023, the average vegetable yield in Egypt reduced modestly to X tons per ha, approximately reflecting the year before. In general, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by X% against the previous year. Over the period under review, the average vegetable yield reached the peak level at X tons per ha in 2020; however, from 2021 to 2023, the yield failed to regain momentum. 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 vegetables in Egypt stood at X ha, flattening at the year before. Over the period under review, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X%. The vegetable harvested area peaked at X ha in 2015; however, from 2016 to 2023, the harvested area remained at a lower figure.

Vegetable Exports

Exports from Egypt

In 2023, approx. X tons of vegetables were exported from Egypt; reducing by X% against 2022 figures. Overall, total exports indicated a tangible expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2023, the growth of the exports remained at a lower figure.

In value terms, vegetable exports soared to $X in 2023. In general, total exports indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons), the Netherlands (X tons) and Saudi Arabia (X tons) were the main destinations of vegetable exports from Egypt, together accounting for X% of total exports. Italy, Greece, Iraq, the UK, Turkey, the United Arab Emirates, Slovenia, Spain, Lebanon and Germany lagged somewhat behind, together accounting for a further X%.

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

In value terms, Russia ($X), Saudi Arabia ($X) and the Netherlands ($X) appeared to be the largest markets for vegetable exported from Egypt worldwide, with a combined X% share of total exports. Turkey, Italy, the UK, Iraq, Greece, the United Arab Emirates, Slovenia, Germany, Spain and Lebanon lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

The average vegetable export price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, vegetable export price increased by X% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

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

Vegetable Imports

Imports into Egypt

In 2023, purchases abroad of vegetables increased by X% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2023 and are likely to see steady growth in the immediate term.

In value terms, vegetable imports amounted to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Over the period under review, imports attained the peak figure in 2023 and are likely to continue growth in the near future.

Imports by Country

In 2023, Australia (X tons) constituted the largest vegetable supplier to Egypt, accounting for a X% share of total imports. Moreover, vegetable imports from Australia exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), twofold. The UK (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and the UK (X% per year).

In value terms, Australia ($X) constituted the largest supplier of vegetables to Egypt, comprising X% of total imports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and the UK (X% per year).

Import Prices by Country

In 2023, the average vegetable import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform