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Egypt remains the largest consumer market in North Africa

According to a report by the Global Agriculture Information Network (GAIN), an expected improvement in the Egyptian economy will result in a stronger purchasing power which subsequently translates into a higher demand for imported food products.

  • As per the Economist Intelligence Unit, food, beverages, and tobacco sales in 2016 in Egypt were estimated at $92 billion, or approximately $999 per capita. That number is expected to rise to $114 billion by 2020
  • Food products sales in Egypt, in the retail market, stood at $70 billion in 2016
  • 40% of meat consumption in Egypt accounts for imports
  • Egypt imports close to $1 billion per year in dairy products
  • Egypt remains one of the largest importers of wheat, sugar, and oils
  • Egypt has trade agreements with the EU, the Arab League (GAFTA), COMESA and Turkey, granting them easy access to the Egyptian market

Egypt's Total Retail Grocery Sales

Egypt's relation with Africa

  • Egypt's Agriculture Export Council (AEC) is working on the preparation of marketing and consumer studies for the African markets. It intends to raise exports of the sector to $2.26 billion in 2017, up from $2.146 billion in 2016, with an expected growth of 5%
  • The African market receives Egyptian exports worth of $3.7 billion, per Egypt’s Ministry of Industry and Trade, but the Egyptian Exporters Association aims for raising the volume of Egyptian exports to Africa by $300 million by the end of 2017

  • The African exports to Egypt are worth $360 billion
  • According to McKinsey Global Institute's report, between 2015 and 2025, consumption growth is set to stay steady at a relatively strong 3.8%, pushing total private consumption to nearly $2.1 trillion in real 2015 prices. East Africa, Egypt, and Nigeria are to account for almost half of the growth, at $116 billion, $114 billion and $94 billion respectively
  • Agriculture and agro-processing across the African continent is set to witness an increase of $204 billion by 2025

The regional share of household consumption is projected to grow by $645 billion by 2025

Total Household consumption. 2005 - 25 | %;$ billion, 2015 prices
regional share

CATEGORY GROWTH 2015 - 2025

$ Billion, 2015 prices (real compound annual growth rate, %)
CATEGORY GROWTH 2015 - 2025
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