Egypt Agriculture Commodities Market By Type (Hard Vs Soft), By Trading Type (Online Vs Offline), By Product Type (Soybeans, Corn, Wheat, Rice, Cocoa, Coffee, Cotton, Spices, Oil Seed, Sugar, Meat, Dairy Products, Others) By Region, Competition Forecast & Opportunities, 2028
Published Date: September - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEgypt Agriculture Commodities Market By Type (Hard Vs Soft), By Trading Type (Online Vs Offline), By Product Type (Soybeans, Corn, Wheat, Rice, Cocoa, Coffee, Cotton, Spices, Oil Seed, Sugar, Meat, Dairy Products, Others) By Region, Competition Forecast & Opportunities, 2028
Agriculture commodities are products that are derived from agricultural activities and are traded in commodity markets. These commodities can be divided into two main categoriescrops 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.
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.
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.
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 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.
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 found at water resources.
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.
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.
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.
Market Segmentation
Egypt Agriculture Commodities Market
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
|
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) |
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