Egypt Cold Chain Logistics Market Size

Egypt Cold Chain Logistics Market Analysis

The Egypt Cold Chain Logistics Market size is estimated at USD 498.43 billion in 2024, and is expected to reach USD 813.16 billion by 2029, growing at a CAGR of greater than 10.28% during the forecast period (2024-2029).

• Egypt's maritime shipping, the Suez Canal, and air freight sectors have all been hit hard by the COVID-19 outbreak because they relied on foreign trade flows. Egypt's 48 ports handle nearly 90% of the country's foreign trade. Reduced volumes of incoming cargo have had a major effect on demand for the country's inland transportation system. Over 94 percent of total inland cargo transport uses Egypt's road network.
• Because of its location at the crossroads of Europe, Asia, and Africa, Egypt is a major player in global trade, with the Nile River and the Suez Canal linking the three continents. The nation has 15 Mediterranean ports and 33 on the Red Sea. The transportation and storage sector contributes about 5% of the annual GDP.
• Egypt’s agri-food sector is affected by logistics and transportation hurdles. Fragmented logistics and transport infrastructure and services are the main factors hindering the expansion of the agri-food sector in terms of both investment and exports.
• Long and fragmented supply chain, inadequate cold storage and warehousing facilities, poor handling practices, fragmented transport services, lack of modern logistics infrastructure such as logistics parks, integrated cold chain solutions, last-mile connectivity, customized transportation, technology adoption (barcoding, radio frequency identification) are key impediments to the correct functioning of Egypt’s food system. The COVID-19 pandemic is an opportunity to identify the logistics and transportation bottlenecks and address them.