The Egypt palm oil market size reached USD 200.03 Million in 2024. Looking forward, the market is expected to reach USD 270.73 Million by 2033, exhibiting a growth rate (CAGR) of 3.42% during 2025-2033. The market is witnessing steady growth due to rising consumption in food processing, cosmetics, and industrial applications. Increasing imports, driven by competitive pricing and versatile use, also support a consistent supply. Local refiners and processors are expanding operations to meet demand, strengthening distribution channels, and boosting domestic capacity. These factors further contributes positively to increase the Egypt palm oil market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 200.03 Million |
Market Forecast in 2033 | USD 270.73 Million |
Market Growth Rate 2025-2033 | 3.42% |
Growing Demand from the Food Processing Sector
Palm oil is a crucial raw material in the processed food sector of Egypt, being extensively used in snacks, baked products, margarine, and confectionery. Due to its high stability at high temperatures, long shelf life, and price competitiveness, palm oil is a highly preferred commodity for large-scale use. As Egypt's urban population continues to grow and lifestyles move toward convenience foods, the consumption of processed and packaged foods has gone up. Palm oil is favored over substitutes by food producers because of its versatility and competitiveness, particularly in an importation-based market. Increased availability of food delivery outlets and food delivery platforms also increases the demand for processed foods. As a result, the strong linkage between palm oil and food processing continues to drive import volumes and investment in refining infrastructure, fueling the Egypt palm oil market growth.
Rising Demand in Non-Food Applications
Beyond food, palm oil plays a key role in Egypt’s cosmetics, personal care, and household product industries. It is used in soaps, detergents, creams, and lotions due to its emollient and moisturizing properties. As hygiene awareness grows and demand for affordable consumer products increases, manufacturers are turning to palm oil-based formulations for their cost-effectiveness and availability. The product’s compatibility with both mass-market and premium segments makes it a strategic raw material for various brands. Additionally, the expanding beauty and wellness market in Egypt, supported by youth demographics and social media trends, contributes to increased usage of palm oil derivatives. This diversification of end uses helps reduce market volatility and supports steady demand across industries, boosting the Egypt palm oil market’s resilience and expansion.
Dependable and Cost-Effective Import Supply
Egypt heavily relies on palm oil imports to meet its domestic consumption needs, primarily sourcing from Southeast Asian countries such as Indonesia and Malaysia. These suppliers offer a consistent supply at competitive prices, making palm oil a more economical option than other vegetable oils like soybean or sunflower oil, which are more price-volatile. Egypt’s importers and refiners benefit from established trade relationships, streamlined logistics, and favorable bulk pricing. In addition, government support for edible oil procurement and refining infrastructure ensures a stable and uninterrupted flow of palm oil into the market. The dependable nature of palm oil imports not only ensures food security but also supports industrial continuity. This strong supply chain foundation is instrumental in driving long-term growth in the market.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on application.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes household cooking, food and beverages, oleo chemicals, personal care, animal feed, and bio-fuel.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Greater Cairo, Alexandria, Suez Canal, Delta, and others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Applications Covered | Household Cooking, Food and Beverages, Oleo Chemicals, Personal Care, Animal Feed, Bio-fuel |
Regions Covered | Greater Cairo, Alexandria, Suez Canal, Delta, Others |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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