Economy, Infographics, Trade

Egypt Oil Imports During Ramadan Season (2020–2024)

Ramadan is one of the most consumption-intensive seasons in Egypt, particularly for food commodities. Among the most essential ingredients during Suhoor and Iftar preparations are edible oils and fats, which play a critical role in traditional Egyptian dishes and fried Ramadan staples.

According to Trade Map data, Egypt’s oil imports (including fats and edible oils) have shown a steady upward trend between 2020 and 2024, reflecting both rising domestic demand and structural reliance on imported vegetable oils.

Egypt Edible Oil Imports Trend (2020–2024)

Egypt remains a net importer of vegetable oils, and import values have increased consistently over recent years:

  • 2021: USD 2.0 billion
  • 2022: USD 2.3 billion
  • 2023: USD 2.5 billion
  • 2024: Continued upward trajectory

Compared to 2020 levels, oil import values have expanded significantly, driven by:

  • Higher global commodity prices
  • Currency fluctuations
  • Increased population-driven demand
  • Seasonal consumption spikes during Ramadan

Why Oil Demand Surges in Ramadan

During Ramadan, Egyptian households significantly increase preparation of:

  • Fried foods such as taameya (falafel)
  • Qatayef and other sweet pastries
  • Sambousek and other traditional dishes

This seasonal consumption pattern makes edible oil a strategic food commodity, particularly during the holy month.

Market and Economic Implications

The sustained rise in oil imports highlights several structural realities:

  1. High import dependency on sunflower, soybean, and palm oils
  2. Exposure to global price volatility
  3. Foreign currency pressure from food commodity imports
  4. Strategic importance of boosting local oilseed production

As Ramadan demand continues to shape consumption behavior, understanding oil import trends becomes essential for policymakers, food manufacturers, and retailers alike.

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