Not roasted and not cooked groundnuts market in Egypt

Earlier Report Observations

Egypt's production of raw groundnuts fluctuated between 2018 and 2023, starting at 209.8 thousand tons in 2018 and reaching 273 thousand tons in 2023. A significant production increase in 2020 to 219.5 thousand tons was driven by expanded domestic output and a depreciation of the Egyptian pound, which made exports more attractive and contributed to a drop in domestic prices. This currency effect and greater supply boosted exports to 39.1 thousand tons that year, reducing the volume available on the local market to 182.7 thousand tons. After a further production rise to 251.5 thousand tons in 2021, output dipped in 2022 before surging again in 2023.

The 2023 production peak of 273 thousand tons coincided with a sharp price increase to around 80 EGP per kilogram, attributed to strong export demand, contraction of cultivated area, and broader food inflation. Export volumes varied considerably, from a low of 8.1 thousand tons in 2019 to a high of 75.5 thousand tons in 2024. In 2024, authorities implemented measures to regulate peanut exports, including a temporary ban until June and stricter aflatoxin controls for shipments to the European Union, aiming to ensure compliance with international standards and stabilize local prices.

Production not roasted and not cooked groundnuts in Egypt

In kind, 2017-2020, K t

Between 2017 and 2020, Egypt ranked as the 23rd largest producer of not roasted and not cooked groundnuts globally.

Top producers of not roasted and not cooked groundnuts, 2017-2020

World map of production of not roasted and not cooked groundnuts, 2017-2020

Following a two-year decline, Egypt's production of not roasted and not cooked groundnuts rebounded. In 2020, the country produced 219.5 K t, marking a 10.4% increase from the previous year. Over the 2017-2020 period, overall production fell by 9.8%, with a compound annual growth rate of -3.4%. The lowest output was recorded in 2019 at 198.8 K t, while the sharpest drop occurred in 2018 with a 13.7% decrease.

Annual dynamics of production in Egypt in kind, 2017-2020, K t

In value, 2017-2020, M $ US

After two years of decline, Egypt's production value for not roasted and not cooked groundnuts saw an upturn. In 2020, the output was valued at 282.2 M $ US, reflecting an 8.6% rise compared to 2019. From 2017 to 2020, production value decreased by 18.9%, translating to an annualized rate of -6.7%. The minimum value was 259.9 M $ US in 2019, which also saw the largest decline of 13.6%.

Annual dynamics of production in Egypt in value, 2017-2020, M $ US

Exports not roasted and not cooked groundnuts from Egypt

Exports in kind, t

The market displayed an unstable trend during this period. Exports reached their lowest point in 2019 at 8 105 t and peaked in 2018 at 39 471 t, representing a 4.9-fold difference. In 2020, shipments from Egypt totaled 39 092 t, a sharp increase of 382.3% from 2019. The most significant decline occurred in 2019 with a 79.5% drop.

Annual dynamics of product's exports from Egypt in kind, 2017-2020, t

From 2017 to 2020, Italy, Germany, and the Netherlands were the primary destinations for exports in kind, accounting for 34.4%, 15.2%, and 11.4% of total flows, respectively. Together, they represented 61.0% of all exports.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Egypt in kind, 2017-2020

Exports in value, K $ US

The data shows irregular fluctuations, indicating a volatile market. Export values bottomed in 2019 at 10 595 K $ US and peaked in 2018 at 56 564 K $ US, with a 5.3-fold difference. In 2020, deliveries from Egypt amounted to 50 255 K $ US, a 374.3% increase from the previous year. The largest decline was in 2019 at 81.3%.

Annual dynamics of product's exports from Egypt in value, 2017-2020, K $ US

During 2017-2020, Italy, Germany, and the Netherlands held the largest shares of exports in value terms, at 34.4%, 15.2%, and 11.2%, respectively. Combined, they made up 60.8% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Egypt in value, 2017-2020

Imports not roasted and not cooked groundnuts to Egypt

Imports in kind, t

The market exhibited volatility over the observed years. Imports hit their lowest in 2019 at 432 t and peaked in 2020 at 2 348 t, a 5.4-fold increase. In 2020, Egypt imported 2 348 t of not roasted and not cooked groundnuts, a substantial rise of 443.6% from 2019. The largest decline was recorded in 2018 at 42.5%.

Annual dynamics of product's imports to Egypt in kind, 2017-2020, t

From 2017 to 2020, Argentina, India, and Sudan were the main sources for imports in kind, contributing 25.8%, 24.8%, and 24.3% of total flows, respectively. Together, they accounted for 75.0% of all imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Egypt in kind, 2017-2020

Imports in value, K $ US

Volatility characterized the market during these years. Import values reached their lowest in 2019 at 621 K $ US and peaked in 2020 at 3 471 K $ US, showing a 5.6-fold swing. In 2020, Egypt imported approximately 3 471 K $ US worth of not roasted and not cooked groundnuts, a sudden gain of 458.9% from the previous year. The largest decline was in 2018 at 45.5%.

Annual dynamics of product's imports to Egypt in value, 2017-2020, K $ US

In 2017-2020, Argentina, India, and Sudan accounted for the largest share of imports in value terms, with 25.6%, 24.7%, and 24.3% of total flows, respectively. Together, they comprised 74.7% of all imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Egypt in value, 2017-2020