Market Forecast By Grade (Fertilizer, Feed, Technical), By End-user Industry (Agriculture, Chemical, Automotive, Medical, Others) And Competitive Landscape
Product Code: ETC211024 | Publication Date: May 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Egypt Urea market currently, in 2023, has witnessed an HHI of 3440, Which has decreased slightly as compared to the HHI of 5464 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Egypt Urea Market |
Forecast Period | 2025-2031 |
CAGR | 5.9% |
Growing Sector | Agriculture |
Egypt Urea Market report thoroughly covers the market by grade and by end user industry. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Egypt Urea Market is witnessing an upward trend, driven by the country's expanding agricultural sector and the need for high-quality fertilizers. Urea, as a key nitrogen-release fertilizer, plays a vital role in Egypt's agriculture, enhancing crop yields and supporting the nation's food security. The strategic geographical location of Egypt also facilitates the export of urea to various regions, further bolstering the market's growth.
According to 6Wresearch, the Egypt Urea Market size is estimated to grow at a CAGR of 5.9% during the forecast period 2025-2031. Several factors contribute to the growth of the urea market in Egypt. The primary driver is the increasing demand for urea-based fertilizers from the agriculture sector, aimed at improving crop production. Government subsidies and favorable policies towards the agriculture sector are also significant drivers, encouraging the use of efficient fertilizers. Furthermore, Egypt’s position as a significant exporter provides an additional boost to the urea market, capitalizing on global demand. Trends in the Egypt urea market include technological advancements in urea production, aiming at higher efficiency and lower environmental impact. There is also a growing focus on specialized urea-based fertilizers, tailored to specific crops and soil types, enhancing their effectiveness. The emergence of bio-urea and other eco-friendly alternatives highlights the market's shift towards sustainability, responding to global environmental concerns is estimated to boost the Egypt Urea Market growth.
The Egyptian government has launched several initiatives aimed at bolstering the urea market. These include subsidies for urea manufacturers, enabling reduced production costs and competitive pricing for farmers. Additionally, the government's investment in upgrading port facilities has improved export logistics, further supporting the market's growth. Furthermore, research grants for developing sustainable urea production techniques are part of Egypt's commitment to environmental sustainability, encouraging innovation in the sector.
The Egypt urea market is dominated by key players such as El Nasr Company for Fertilizers and Chemical Industries (SEMADCO), Alexandria Fertilizers Co. (ALEXFERT), and the Egyptian Chemical Industries (KIMA). These companies are pivotal in shaping the market dynamics through their extensive research and development efforts.
The Egypt urea industry is expected to witness significant growth, driven by continuous agricultural sector developments and increasing global demand for food production. The focus on sustainable and efficient fertilizer solutions will likely intensify, with bio-urea and other environmentally friendly products gaining traction. Additionally, advancements in urea production technology and strategic collaborations will be key to overcoming existing challenges.
According to Dhaval, Research Manager, 6Wresearch, the technical grade segment will witness significant growth in the coming years. This can be attributed to the increasing demand for technical-grade urea in various industries such as plastics, resins, and adhesives.
Based on the end user, the agriculture industry is dominating the Egypt urea market share. This surge is primarily driven by the increasing need for high-quality fertilizer to meet the food production demands of Egypt’s growing population. Additionally, the government's emphasis on agricultural sustainability and the adoption of modern farming techniques are further propelling the demand within this industry.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Urea Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Urea Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Urea Market - Industry Life Cycle |
3.4 Egypt Urea Market - Porter's Five Forces |
3.5 Egypt Urea Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Egypt Urea Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Egypt Urea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Urea Market Trends |
6 Egypt Urea Market, By Types |
6.1 Egypt Urea Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Egypt Urea Market Revenues & Volume, By Grade, 2021 - 2031F |
6.1.3 Egypt Urea Market Revenues & Volume, By Fertilizer, 2021 - 2031F |
6.1.4 Egypt Urea Market Revenues & Volume, By Feed, 2021 - 2031F |
6.1.5 Egypt Urea Market Revenues & Volume, By Technical, 2021 - 2031F |
6.2 Egypt Urea Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Egypt Urea Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.2.3 Egypt Urea Market Revenues & Volume, By Chemical, 2021 - 2031F |
6.2.4 Egypt Urea Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.5 Egypt Urea Market Revenues & Volume, By Medical, 2021 - 2031F |
6.2.6 Egypt Urea Market Revenues & Volume, By Others, 2021 - 2031F |
7 Egypt Urea Market Import-Export Trade Statistics |
7.1 Egypt Urea Market Export to Major Countries |
7.2 Egypt Urea Market Imports from Major Countries |
8 Egypt Urea Market Key Performance Indicators |
9 Egypt Urea Market - Opportunity Assessment |
9.1 Egypt Urea Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Egypt Urea Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Egypt Urea Market - Competitive Landscape |
10.1 Egypt Urea Market Revenue Share, By Companies, 2024 |
10.2 Egypt Urea Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |