Canary Seed Market Overview in Egypt
In value terms, canary seed production expanded sharply to $ in 2019 estimated in export prices. In general, the total production indicated perceptible growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of % against the previous year. Canary seed production peaked at $ in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.
In 2019, the average yield of canary seed in Egypt was estimated at kg per ha, approximately equating the year before. Overall, the yield saw a relatively flat trend pattern. 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 canary seed were harvested in Egypt; standing approx. at 2018. In general, the harvested area recorded a relatively flat trend pattern.
The size of the canary seed market in Egypt skyrocketed to $ in 2019, with an increase of % 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 continues to indicate a strong increase. The pace of growth appeared the most rapid in 2017 when the market value increased by % year-to-year. Canary seed consumption peaked in 2019 and is expected to retain growth in the near future.