Egypt Agriculture Commodities
market is expected to grow impressively through 2028 due to the increasing demand for food and agriculture products. Sugarcane
was the leading crop product in South Africa's agricultural sector, with a
production value of 14.8 million metric tons in 2020.
Agriculture commodities are
products that are derived from agricultural activities and are traded in
commodity markets. These commodities can be divided into two main categories:
crops and livestock. Crop commodities include grains, oilseeds, fruits, and
vegetables, while livestock commodities include meat, dairy products, and wool.
Agriculture commodities are important for both producers and consumers, as they
represent a significant portion of global trade and consumption. Grain
commodities are perhaps the most widely traded agriculture commodities. They
include wheat, corn, rice, and barley, among others. These commodities are used
primarily as feed for livestock and as a staple food for humans. They are also
used in the production of other food products such as flour and pasta. Oilseed
commodities are derived from crops such as soybeans, rapeseed, sunflower, and
cottonseed. These commodities are primarily used for the production of edible
oils and animal feed. Soybean oil, for example, is used in the production of
cooking oil, margarine, and other food products, while soybean meal is used as
a protein source in animal feed.
The prices of agriculture
commodities are influenced by a variety of factors including weather
conditions, crop yields, and global supply and demand. Investing in agriculture
commodities can be done through various methods but requires a significant
amount of research and knowledge about the industry.
Egypt is a major producer and
exporter of various agriculture commodities, including fruits, vegetables,
grains, and livestock products. The country's agriculture commodities market is
an important source of income for farmers and a key driver of the country's
economy. Investing in Egypt's agriculture commodities market can be
done through various methods, including investing in agricultural companies, or
buying futures contracts for specific agriculture commodities. However,
investing in this market can be risky, as it is subject to various factors that
can affect the prices of agriculture commodities.
Agriculture Commodities Market
in Egypt is a vital component of the country's economy, and it has a
significant impact on the lives of millions of people. The sector contributes
significantly to Egypt's GDP and is responsible for employing a large portion
of the country's workforce. The growth of the agriculture commodities market in
Egypt is driven by several factors, including government policies,
technological advancements, and an increasing demand for food and agricultural
products.
Growing Government
Support is Driving Market Growth
The Egyptian government has
implemented various policies to promote the growth of the agriculture
commodities market in the country. These policies aim to increase the
efficiency of the agricultural sector and improve the livelihoods of farmers. One
such policy is the Agricultural Reform Program, which was launched in 2014. The
program aims to provide farmers with access to finance, infrastructure, and
training to improve their productivity and income. It also seeks to improve the
efficiency of agricultural markets and reduce the reliance of farmers on
government subsidies. The government has also implemented
policies to promote the export of agriculture commodities. For instance, the
Ministry of Agriculture and Land Reclamation has signed several trade
agreements with other countries to increase the export of Egyptian fruits and
vegetables.
Technological
Advancement in the Industry and Increasing Demand for Food is Driving Market
Growth
Technological advancements have played a
significant role in the growth of the agriculture commodities market in Egypt.
Advances in irrigation systems, seed technology, and fertilizers have led to
higher yields and improved quality of crops. The
introduction of precision agriculture technologies such as GPS-guided tractors,
drones, and sensors has also improved the efficiency of agricultural practices
in Egypt. These technologies allow farmers to monitor soil moisture levels,
detect plant diseases, and apply fertilizers and pesticides more accurately,
thereby reducing waste and increasing yields.
The global demand for food and
agricultural products has been steadily increasing, and Egypt is
well-positioned to meet this demand. The country has a favorable climate for
agriculture and is strategically located to serve markets in Europe, the Middle
East, and Africa.
Egypt is a major producer of several key agriculture
commodities, including citrus fruits, vegetables, grains, and livestock
products. The increasing demand for these commodities, both domestically and
internationally, has led to increased investment in the sector and higher
prices for farmers. the growing population in Egypt and the
region has also contributed to the increasing demand for food and agricultural
products. As the population grows, the demand for food and agricultural
products is likely to continue to increase, driving the growth of the
agriculture commodities market in Egypt.
Major Challenges faced by Egypt Agriculture
Commodities Market
One of the most significant
challenges facing the agriculture commodities market in Egypt is water scarcity.
The country is situated in a water-scarce region and relies heavily on the Nile
River for its water supply. However, the water supply from the Nile is limited,
and the population's rapid growth has put a strain on the available water
resources. As a result, farmers face challenges in irrigating their
crops, and water management practices need to be improved to ensure the
efficient use of water. Moreover, climate change has led to increased
temperatures and irregular rainfall patterns, exacerbating the water scarcity
problem.
The agriculture commodities
market in Egypt also faces challenges due to the lack of adequate
infrastructure. This includes inadequate transportation, storage facilities,
and cold chain systems. The lack of transportation infrastructure limits the
ability of farmers to move their products to markets, leading to high
transportation costs and reduced profitability. In addition, the lack of proper
storage facilities leads to post-harvest losses due to spoilage and
infestation. The absence of cold chain systems also limits the export potential
of perishable goods, such as fruits and vegetables, and reduces their shelf
life.
Access to financing is also a
significant challenge for the agriculture commodities market in Egypt. Farmers,
especially small-scale farmers, have limited access to credit and often rely on
informal lending sources, which charge high-interest rates. This limits their
ability to invest in their farms and improve their productivity and yields. Moreover,
financing for infrastructure development and technology adoption is limited,
hindering the growth of the sector. Banks and financial institutions need to
provide more accessible and affordable credit to farmers and the agriculture
sector to stimulate growth and development.
Recent Trends and Developments
In 2018, the
Egyptian government launched an initiative to modernize the agriculture sector
and improve its competitiveness. The initiative, called "Egypt's Food
Security and Agriculture Development Strategy 2018-2022," aims to increase
agricultural production, improve food security, and increase exports. As part of this initiative, the government has invested in
infrastructure development, such as irrigation systems, storage facilities, and
roads, to improve the efficiency of the agriculture sector. The government has
also introduced policies to support small-scale farmers, including providing
them with access to credit and technical assistance.
The agriculture
commodities market in Egypt has also witnessed the introduction of new technologies
over the past three years. These technologies include precision agriculture,
drone technology, and artificial intelligence. Precision
agriculture uses technology, such as GPS and sensors, to optimize the use of
inputs, including water and fertilizers. This helps farmers improve their
yields while reducing their costs and environmental impact. Drones are also
being used to monitor crop health, detect pests and diseases, and create
detailed maps of fields. Artificial intelligence is also
being used to improve crop management and increase yields. AI algorithms
analyze data on weather patterns, soil conditions, and crop health to provide
farmers with real-time recommendations on how to optimize their crop management
practices.
Download Free Sample Report
Market Segmentation
Egypt Agriculture Commodities Market is
segmented based on Type, Trading Type, Product Type,
Region and Competitive Landscape. Based
on the Type, the market is categorized into Hard and Soft. Based on Trading type the market is segmented into
Online and Offline. Based on Product Type the market is further divided into Soybeans,
Corn, Wheat, Rice, Cocoa, Coffee, Cotton, Spices, Oil Seed, Sugar, Meat, Dairy
Products, Others. Based on region, the market is divided into Cairo,
Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt.
Market Players
Arab Cotton Ginning Company,
Hassan Allam Holding, Amer Group, Egypt Kuwait Holding, Juhayna Food
Industries, Nile Company for Food Industries, North Cairo Flour Mills Company,
Nile Sugar Company are some of the key players of the Egypt Agriculture
Commodities Market.
|
Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historic Data
|
2018 – 2021
|
|
Estimated
Year
|
2023
|
|
Forecast Period
|
2024 – 2028
|
|
Quantitative
Units
|
Revenue
in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
|
|
Report
coverage
|
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments
covered
|
Type
Trading Type
Product Type
|
|
Regional
scope
|
Cairo, Alexandria,
Giza, Qalyubia, Port Said, Suez, and Rest of Egypt
|
|
Key companies
profiled
|
Arab Cotton Ginning Company, Hassan Allam
Holding, Amer Group, Egypt Kuwait Holding, Juhayna Food Industries, Nile
Company for Food Industries, North Cairo Flour Mills Company, Nile Sugar Company
|
|
Customization
scope
|
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing and
purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore
purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable version
of the report in PPT/Word format on special request)
|
Report Scope:
In this report, Egypt Agriculture Commodities market has
been segmented into the following categories, in addition to the industry trends,
which have also been detailed below:
- Agriculture
Commodities Market, By Type:
- Agriculture
Commodities Market, By Trading Type:
- Agriculture
Commodities Market, By Product Type:
- Soyabeans
- Corn
- Wheat
- Rice
- Cocoa
- Coffee
- Cotton
- Spices
- Oilseeds
- Sugar
- Meat
- Dairy Products
- Others
- Agriculture Commodities Market, By Region:
- Cairo
- Alexandria
- Giza
- Qalyubia
- Port Said
- Suez
- Rest of Egypt
Competitive landscape
Company Profiles: Detailed analysis of the major companies present
in Egypt Agriculture Commodities market.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company Information
- Detailed analysis
and profiling of additional market players (up to five).
Egypt Agriculture Commodities Market is
an upcoming report to be released soon. If you wish early delivery of this
report or want to confirm the date of release, please contact us at [email protected].