Egypt: Cotton Lint Market 2024

Cotton Lint Market Size in Egypt

The Egyptian cotton lint market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption, however, saw a deep contraction. Cotton lint consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Cotton Lint Production in Egypt

In value terms, cotton lint production contracted notably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt slump. The growth pace was the most rapid in 2017 with an increase of X%. Cotton lint production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

In 2022, the average cotton lint yield in Egypt soared to X tons per ha, increasing by X% against 2021. In general, the yield, however, showed a slight setback. The pace of growth was the most pronounced in 2016 with an increase of X%. The cotton lint yield peaked at X tons per ha in 2018; however, from 2019 to 2022, 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.

The cotton lint harvested area in Egypt declined to X ha in 2022, waning by X% on 2021 figures. In general, the harvested area continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The cotton lint harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Cotton Lint Exports

Exports from Egypt

After four years of growth, shipments abroad of cotton lint decreased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, cotton lint exports totaled $X in 2022. Overall, exports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

China (X tons), India (X tons) and Pakistan (X tons) were the main destinations of cotton lint exports from Egypt, with a combined X% share of total exports. Vietnam, Bangladesh, Italy, Turkey and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for cotton lint exported from Egypt were China ($X), India ($X) and Pakistan ($X), together comprising X% of total exports. Vietnam, Bangladesh, Italy, Turkey and the United States lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 cotton lint export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($X per ton) and India ($X per ton), while the average price for exports to Italy ($X per ton) and Turkey ($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 Vietnam (X%), while the prices for the other major destinations experienced a decline.

Cotton Lint Imports

Imports into Egypt

In 2022, cotton lint imports into Egypt rose to X tons, growing by X% compared with the year before. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cotton lint imports soared to $X in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Sudan (X tons), Greece (X tons) and Benin (X tons) were the main suppliers of cotton lint imports to Egypt, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sudan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton lint suppliers to Egypt were Sudan ($X), Greece ($X) and Benin ($X), together comprising X% of total imports.

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

Import Prices by Country

In 2022, the average cotton lint import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a pronounced shrinkage. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton) and Greece ($X per ton), while the price for Sudan ($X per ton) and Burkina Faso ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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