Egypt: Spinach Market 2024

Spinach Market Size in Egypt

The Egyptian spinach market shrank to $X in 2023, therefore, remained relatively stable against the previous year. Overall, consumption recorded a noticeable shrinkage. As a result, consumption reached the peak level of $X. From 2016 to 2023, the growth of the market failed to regain momentum.

Spinach Production in Egypt

In value terms, spinach production reduced modestly to $X in 2023 estimated in export price. In general, production showed a slight downturn. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2023, production growth remained at a somewhat lower figure.

In 2023, the average yield of spinach in Egypt dropped to X tons per ha, approximately reflecting 2022 figures. Overall, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2023, the growth of the average spinach yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The spinach harvested area in Egypt amounted to X ha in 2023, remaining constant against the previous year. Overall, the harvested area, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to spinach production reached the peak figure at X ha in 2012; however, from 2013 to 2023, the harvested area remained at a lower figure.

Spinach Exports

Exports from Egypt

In 2023, approx. X tons of spinach were exported from Egypt; waning by X% on 2022 figures. Overall, exports faced a deep slump. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, spinach exports shrank sharply to $X in 2023. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

Hungary (X tons) was the main destination for spinach exports from Egypt, with a X% share of total exports. Moreover, spinach exports to Hungary exceeded the volume sent to the second major destination, Saudi Arabia (X kg), threefold. The third position in this ranking was held by the United Arab Emirates (X kg), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Hungary was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

In value terms, Hungary ($X) emerged as the key foreign market for spinach exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Hungary was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2023, the average spinach export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated modest growth 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, spinach export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; afterwards, it flattened through to 2023.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spinach Imports

Imports into Egypt

In 2018, spinach imports into Egypt fell significantly to X kg, dropping by X% on the year before. Overall, imports showed a sharp contraction. Over the period under review, imports reached the maximum at X kg in 2017, and then shrank notably in the following year.

In value terms, spinach imports dropped remarkably to $X in 2018. In general, imports faced a dramatic downturn. Over the period under review, imports reached the peak figure at $X in 2017, and then shrank sharply in the following year.

Imports by Country

Nigeria (X kg) and Brazil (X kg) were the main suppliers of spinach imports to Egypt. Moreover, spinach imports in Nigeria exceeded the figures recorded by the second-largest supplier, Brazil, twofold.

From 2017 to 2018, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of X%).

In value terms, Nigeria ($X) constituted the largest supplier of spinach to Egypt, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with an X% share of total imports.

From 2017 to 2018, the average annual rate of growth in terms of value from Nigeria was relatively modest.

Import Prices by Country

In 2018, the average spinach import price amounted to $X per ton, which is down by X% against the previous year. Overall, the import price showed a pronounced setback. Over the period under review, average import prices hit record highs at $X per ton in 2017, and then shrank slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nigeria ($X per ton), while the price for Brazil stood at $X per ton.

From 2017 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform