Egypt: Paddy Rice Market 2024

Paddy Rice Market Size in Egypt

The Egyptian paddy rice market reached $X in 2022, approximately reflecting the previous year. Over the period under review, consumption showed a deep reduction. Paddy rice consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Paddy Rice Production in Egypt

In value terms, paddy rice production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt shrinkage. 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 maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average paddy rice yield in Egypt shrank slightly to X tons per ha, waning by X% against the previous year's figure. In general, the yield, however, showed 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 reached the maximum level at X tons per ha in 2021, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of paddy rice in Egypt totaled X ha, surging by X% on the previous year. Overall, the harvested area, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to paddy rice production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Paddy Rice Exports

Exports from Egypt

For the fourth consecutive year, Egypt recorded decline in shipments abroad of paddy rice, which decreased by X% to X tons in 2016. Overall, exports saw a significant contraction. The smallest decline of X% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

In value terms, paddy rice exports fell markedly to $X in 2016. In general, exports recorded a precipitous curtailment. The pace of growth was the most pronounced 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 lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for paddy rice exports from Egypt, accounting for a X% share of total exports. Moreover, paddy rice exports to the United Arab Emirates exceeded the volume sent to the second major destination, Sudan (X tons), threefold.

From 2012 to 2016, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (X% per year) and Oman (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for paddy rice exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Sudan ($X), with an X% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (X% per year) and Oman (X% per year).

Export Prices by Country

The average paddy rice export price stood at $X per ton in 2016, with a decrease of X% against the previous year. In general, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2016, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2016, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Sudan ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Paddy Rice Imports

Imports into Egypt

In 2022, supplies from abroad of paddy rice increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a precipitous curtailment. Over the period under review, imports attained the maximum 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. In general, imports, however, saw a significant decrease. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled 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. In general, the import price, however, showed a pronounced decline. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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