Flakes; of Potatoes Price in Egypt - 2023

Contents:

  1. Flakes; of Potatoes Price in Egypt (CIF) - 2022
  2. Flakes; of Potatoes Price in Egypt (FOB) - 2022
  3. Flakes; of Potatoes Imports in Egypt
  4. Flakes; of Potatoes Exports in Egypt

Flakes; of Potatoes Price in Egypt (CIF) - 2022

In 2022, the average flakes; of potatoes import price amounted to $1,555 per ton, growing by 9.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 66%. The import price peaked at $1,857 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,555 per ton), while the price for Germany stood at $1,555 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.8%).

Flakes; of Potatoes Price in Egypt (FOB) - 2022

The average flakes; of potatoes export price stood at $1,428 per ton in 2022, increasing by 8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 20%. Over the period under review, the average export prices hit record highs at $1,547 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($1,428 per ton), while the average price for exports to Oman ($1,427 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+5.4%), while the prices for the other major destinations experienced a decline.

Flakes; of Potatoes Imports in Egypt

In 2022, approx. 381 tons of flakes; of potatoeses were imported into Egypt; falling by -59.1% compared with 2021. Overall, imports faced a sharp decline. The growth pace was the most rapid in 2021 when imports increased by 19%.

In value terms, flakes; of potatoes imports reduced remarkably to $592K in 2022. Over the period under review, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 16%.

Import of Flakes; of Potatoes in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0931,1131,158512-22.3%
Belgium87.635.2N/A71.6-6.5%
Poland400N/AN/AN/A0%
Others80.70.81698.4-53.0%
Total1,6611,1491,327592-29.1%

Top Suppliers of Flakes; of Potatoes to Egypt in 2022:

  1. Germany (329.6 tons)
  2. Belgium (46.0 tons)

Flakes; of Potatoes Exports in Egypt

For the third year in a row, Egypt recorded decline in shipments abroad of flakes; of potatoeses, which decreased by -90.3% to 9.2 tons in 2022. In general, exports recorded a precipitous decrease. The smallest decline of -39.9% was in 2020.

In value terms, flakes; of potatoes exports dropped dramatically to $13K in 2022. Overall, exports showed a significant decrease. The smallest decline of -37.7% was in 2020.

Export of Flakes; of Potatoes in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A8.30%
MoroccoN/AN/A0.73.9457.1%
OmanN/AN/AN/A1.00%
Yemen17.2N/AN/AN/A0%
SenegalN/A13027.5N/A-78.8%
United Arab Emirates185N/AN/AN/A0%
Netherlands14.1N/AN/AN/A0%
Saudi Arabia1915.488.6N/A-31.9%
TurkeyN/A88.7N/AN/A0%
Brazil70.891.0N/AN/A28.5%
Others34.04.29.2N/A-48.0%
Total51231912613.2-70.5%

Top Export Markets for Flakes; of Potatoes from Egypt in 2022:

  1. Germany (5.8 tons)
  2. Morocco (2.7 tons)
  3. Oman (0.7 tons)

Source: IndexBox Market Intelligence Platform

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