Peach And Nectarine Market Overview in Egypt
In value terms, peach and nectarine production reduced dramatically to $ in 2019 estimated in export prices. Over the period under review, production recorded a abrupt contraction. The pace of growth was the most pronounced in 2011 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2012 to 2019, production growth failed to regain the momentum.
The average yield of peaches and nectarines in Egypt contracted slightly to tonnes per ha in 2019, remaining relatively unchanged against 2018 figures. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the yield increased by % y-o-y. The peach and nectarine yield peaked at tonnes per ha in 2017; however, from 2018 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, approx. ha of peaches and nectarines were harvested in Egypt; shrinking by -% compared with 2018. Over the period under review, the harvested area continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2017 when the harvested area increased by % y-o-y. The peach and nectarine harvested area peaked at ha in 2009; however, from 2010 to 2019, the harvested area remained at a lower figure.
The size of the peach and nectarine market in Egypt contracted markedly to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. As a result, consumption reached the peak level of $. From 2012 to 2019, the growth of the market remained at a lower figure.