Egypt: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in Egypt

The Egyptian wheat and meslin flour market was estimated at $X in 2022, picking up by X% against the previous year. In general, consumption, however, recorded a deep setback. Wheat and meslin flour consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Wheat and Meslin Flour in Egypt

In value terms, wheat and meslin flour production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a deep setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Wheat and meslin flour production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports of Wheat and Meslin Flour

Exports from Egypt

In 2022, wheat and meslin flour exports from Egypt declined remarkably to X tons, which is down by X% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, wheat and meslin flour exports fell sharply to $X in 2022. Overall, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Sudan (X tons) was the main destination for wheat and meslin flour exports from Egypt, with a X% share of total exports. Moreover, wheat and meslin flour exports to Sudan exceeded the volume sent to the second major destination, Somalia (X tons), threefold. The third position in this ranking was taken by Madagascar (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sudan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X% per year) and Madagascar (X% per year).

In value terms, Sudan ($X) remains the key foreign market for wheat and meslin flour exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Somalia ($X), with a X% share of total exports. It was followed by Madagascar, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Sudan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X% per year) and Madagascar (X% per year).

Export Prices by Country

In 2022, the average wheat and meslin flour export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price 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, wheat and meslin flour export price increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Somalia ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Sudan ($X per ton) and Syrian Arab Republic ($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 Madagascar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour

Imports into Egypt

In 2022, purchases abroad of wheat and meslin flour decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, wheat and meslin flour imports contracted slightly to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of wheat and meslin flour to Egypt, accounting for a X% share of total imports. Moreover, wheat and meslin flour imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. The third position in this ranking was held by France (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and France (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of wheat and meslin flour to Egypt, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and France (X% per year).

Import Prices by Country

The average wheat and meslin flour import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price 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, wheat and meslin flour import price increased by X% against 2017 indices. The growth pace was the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure 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 highest price was recorded for prices from Russia ($X per ton) and Turkey ($X per ton), while the price for Italy ($X per ton) and France ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :