Egypt: Paddy Rice Market 2024

Paddy Rice Market Size in Egypt

After four years of growth, the Egyptian paddy rice market decreased by X% to $X in 2023. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Paddy Rice Production in Egypt

In value terms, paddy rice production declined modestly to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

The average yield of paddy rice in Egypt was estimated at X tons per ha in 2023, standing approx. at the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the average paddy rice yield attained the maximum level at X tons per ha in 2021; however, from 2022 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, approx. X ha of paddy rice were harvested in Egypt; remaining stable against the previous year. In general, the harvested area showed a noticeable decline. The pace of growth appeared the most rapid in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to paddy rice production reached the peak figure at X ha in 2012; however, from 2013 to 2023, the harvested area failed to regain momentum.

Paddy Rice Exports

Exports from Egypt

In 2016, paddy rice exports from Egypt reduced sharply to X tons, shrinking by X% compared with the year before. Over the period under review, exports recorded a precipitous shrinkage. The smallest decline of X% was in 2013. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

In value terms, paddy rice exports contracted markedly to $X in 2016. Overall, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sudan (X tons) was the main destination for paddy rice exports from Egypt, with a approx. X% share of total exports.

From 2012 to 2016, the average annual growth rate of volume to Sudan stood at X%.

In value terms, Sudan ($X) emerged as the key foreign market for paddy rice exports from Egypt.

From 2012 to 2016, the average annual rate of growth in terms of value to Sudan totaled X%.

Export Prices by Country

In 2016, the average paddy rice export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2016, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sudan.

From 2012 to 2016, the rate of growth in terms of prices for Jordan amounted to X% per year.

Paddy Rice Imports

Imports into Egypt

After two years of decline, overseas purchases of paddy rice increased by X% to X tons in 2022. In general, imports, however, saw a significant decrease. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, paddy rice imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a sharp reduction. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of paddy rice to Egypt, accounting for a X% share of total imports. It was followed by Belgium (X kg), with a X% share of total imports. The third position in this ranking was held by Pakistan (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Pakistan (X% per year).

In value terms, the United States ($X) constituted the largest supplier of paddy rice to Egypt, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

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

Import Prices by Country

In 2022, the average paddy rice import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2017 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 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and the United States ($X per ton), while the price for Belgium ($X per ton) and Pakistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform