Egypt: Lentil Market 2024

Lentil Market Size in Egypt

In 2023, the Egyptian lentil market increased by X% to $X, rising for the fourth year in a row after four years of decline. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2023: its value 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, consumption increased by X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2023, consumption remained at a lower figure.

Lentil Production in Egypt

In value terms, lentil production dropped notably to $X in 2023 estimated in export price. In general, production showed a noticeable contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

The average yield of lentils in Egypt totaled X tons per ha in 2023, approximately reflecting the previous year's figure. In general, the yield indicated prominent growth from 2012 to 2023: its figure 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, lentil yield decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 when the yield increased by X%. Over the period under review, the average lentil yield hit record highs at X tons per ha in 2021; afterwards, it flattened through to 2023. 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 lentils were harvested in Egypt; shrinking by X% on the previous year. In general, the harvested area recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2022 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to lentil production attained the peak figure at X ha in 2017; however, from 2018 to 2023, the harvested area stood at a somewhat lower figure.

Lentil Exports

Exports from Egypt

Lentil exports from Egypt soared to X tons in 2023, picking up by X% against the previous year's figure. Overall, exports showed a moderate expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports failed to regain momentum.

In value terms, lentil exports surged to $X in 2023. Over the period under review, exports enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Sudan (X tons), Tunisia (X tons) and Syrian Arab Republic (X tons) were the main destinations of lentil exports from Egypt, together comprising X% of total exports.

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

In value terms, the largest markets for lentil exported from Egypt were Sudan ($X), Tunisia ($X) and Syrian Arab Republic ($X), with a combined X% share of total exports.

Among the main countries of destination, Tunisia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average lentil export price stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2023: its price 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, lentil export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2022 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the countries with the highest prices were Lebanon ($X per ton) and Algeria ($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 2023, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lentil Imports

Imports into Egypt

In 2023, the amount of lentils imported into Egypt soared to X tons, increasing by X% compared with the previous year's figure. Over the period under review, total imports indicated noticeable growth from 2012 to 2023: its volume 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.

In value terms, lentil imports skyrocketed to $X in 2023. In general, total imports indicated a buoyant increase from 2012 to 2023: its value 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, Australia (X tons) constituted the largest lentil supplier to Egypt, with a X% share of total imports. Moreover, lentil imports from Australia exceeded the figures recorded by the second-largest supplier, Canada (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with a X% share.

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

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

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

Import Prices by Country

In 2023, the average lentil import price amounted to $X per ton, shrinking by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Russia ($X per ton) and Australia ($X per ton), while the price for Canada ($X per ton) and Turkey ($X per ton) were 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