Egypt - Cheese and Curd - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCheese and Curd Price in Egypt - 2023
Contents:
- Cheese and Curd Price in Egypt (FOB) - 2023
- Cheese and Curd Price in Egypt (CIF) - 2023
- Cheese and Curd Exports in Egypt
- Cheese and Curd Imports in Egypt
Cheese and Curd Price in Egypt (FOB) - 2023
In June 2023, the average cheese and curd export price amounted to $6,266 per ton, rising by 16% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In June 2023, the highest price was recorded for prices to Vietnam ($7,568 per ton) and Libya ($7,183 per ton), while the average price for exports to Russia ($5,678 per ton) and Lebanon ($5,743 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Cheese and Curd Price in Egypt (CIF) - 2023
The average cheese and curd import price stood at $6,932 per ton in June 2023, with an increase of 14% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Denmark ($9,775 per ton), while the price for Poland ($5,956 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cheese and Curd Exports in Egypt
For the third consecutive year, Egypt recorded decline in shipments abroad of cheese and curd, which decreased by -11.4% to 33K tons in 2022. Overall, exports continue to indicate a precipitous slump.
In value terms, cheese and curd exports dropped to $167M in 2022. In general, exports recorded a abrupt decline. The smallest decline of -6.3% was in 2021.
| Export of Cheese and Curd in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 43.2 | 40.6 | 28.4 | 26.3 | -15.2% |
| Libya | 37.5 | 27.1 | 32.0 | 25.6 | -11.9% |
| Saudi Arabia | 57.3 | 27.3 | 23.9 | 24.4 | -24.8% |
| Yemen | 23.4 | 20.9 | 13.6 | 16.8 | -10.5% |
| Lebanon | 12.6 | 12.1 | 9.0 | 14.6 | 5.0% |
| United Arab Emirates | 13.8 | 12.3 | 9.6 | 10.1 | -9.9% |
| Oman | 3.5 | 4.9 | 6.7 | 9.8 | 40.9% |
| Palestine | 11.6 | 11.4 | 11.7 | 9.1 | -7.8% |
| Iraq | 15.2 | 12.4 | 6.9 | 6.0 | -26.6% |
| Kuwait | 10.7 | 9.4 | 6.7 | 5.9 | -18.0% |
| Russia | 3.9 | 3.1 | 3.5 | 5.6 | 12.8% |
| Others | 20.6 | 18.1 | 34.9 | 12.4 | -15.6% |
| Total | 253 | 200 | 187 | 167 | -12.9% |
Top Export Markets for Cheese and Curd from Egypt in 2022:
- Jordan (5.1K tons)
- Libya (4.9K tons)
- Saudi Arabia (4.3K tons)
- United Arab Emirates (3.4K tons)
- Yemen (3.3K tons)
- Lebanon (2.9K tons)
- Oman (2.3K tons)
- Palestine (1.6K tons)
- Iraq (1.1K tons)
- Kuwait (1.1K tons)
- Russia (1.1K tons)
Cheese and Curd Imports in Egypt
In 2022, cheese and curd imports into Egypt shrank rapidly to 16K tons, dropping by -32.9% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt decrease. The smallest decline of -1.4% was in 2021.
In value terms, cheese and curd imports fell remarkably to $94M in 2022. Overall, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of $133M, and then shrank dramatically in the following year.
| Import of Cheese and Curd in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 25.1 | 15.4 | 15.1 | 18.5 | -9.7% |
| Netherlands | 34.6 | 36.8 | 39.9 | 17.3 | -20.6% |
| Ireland | 20.3 | 18.1 | 25.3 | 15.6 | -8.4% |
| Poland | 16.8 | 15.0 | 14.0 | 11.0 | -13.2% |
| Denmark | 6.2 | 6.2 | 8.1 | 6.2 | 0.0% |
| United States | 3.5 | 0.7 | 1.1 | 5.9 | 19.0% |
| Saudi Arabia | 6.7 | 4.7 | 5.1 | 5.7 | -5.2% |
| United Kingdom | 2.4 | 7.3 | 3.1 | 3.7 | 15.5% |
| Others | 11.8 | 15.3 | 21.4 | 10.6 | -3.5% |
| Total | 127 | 119 | 133 | 94.4 | -9.4% |
Top Suppliers of Cheese and Curd to Egypt in 2022:
- New Zealand (2.9K tons)
- Netherlands (2.7K tons)
- Ireland (2.4K tons)
- Poland (2.2K tons)
- Saudi Arabia (1.1K tons)
- United States (0.9K tons)
- Denmark (0.8K tons)
- United Kingdom (0.6K tons)
This report provides an in-depth analysis of the cheese and curd market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 901 - Cheese from Whole Cow Milk
- FCL 904 - Cheese from Skimmed Cow Milk
- FCL 905 - Whey Cheese
- FCL 907 - Processed Cheese
- FCL 955 - Cheese of Buffalo Milk
- FCL 984 - Cheese of Sheep Milk
- FCL 1021 - Cheese of Goat Milk
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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