Liqueurs and Cordials Price in Egypt - 2022

Contents:

  1. Liqueurs and Cordials Price in Egypt (CIF) - 2022
  2. Liqueurs and Cordials Price in Egypt (FOB) - 2022
  3. Liqueurs and Cordials Imports in Egypt
  4. Liqueurs and Cordials Exports in Egypt

Liqueurs and Cordials Price in Egypt (CIF) - 2022

In 2022, the average liqueurs and cordials import price amounted to $7.1 per litre, which is down by -30.8% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 an increase of 31% against the previous year. Over the period under review, average import prices attained the maximum at $10 per litre in 2021, and then fell remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +12.5% per year.

Liqueurs and Cordials Price in Egypt (FOB) - 2022

The average liqueurs and cordials export price stood at $5 per litre in 2022, picking up by 16% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2020 an increase of 48% against the previous year. The export price peaked at $10 per litre in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($5 per litre), while the average price for exports to the Netherlands totaled $2.7 per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-9.2%).

Liqueurs and Cordials Imports in Egypt

In 2022, approx. 531 litres of liqueurs and cordialses were imported into Egypt; shrinking by -98.8% compared with 2021 figures. In general, imports faced a precipitous setback. The smallest decline of -20.4% was in 2021. Over the period under review, imports hit record highs at 123K litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, liqueurs and cordials imports dropped notably to $3.8K in 2022. Overall, imports saw a precipitous curtailment. The smallest decline of -13.9% was in 2021. Imports peaked at $1.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Liqueurs and Cordials in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10214.21.93.8-66.6%
Germany231131161N/A-16.5%
United Kingdom34387.567.4N/A-55.7%
Greece26.231.919.4N/A-14.0%
United Arab Emirates19.05.54.2N/A-53.0%
Italy13430.749.6N/A-39.2%
United States224167105N/A-31.5%
Others65.548.335.7N/A-26.2%
Total1,1455164453.8-85.1%

Top Suppliers of Liqueurs and Cordials to Egypt in 2022:

  1. France (531.0 litres)

Liqueurs and Cordials Exports in Egypt

Liqueurs and cordials exports from Egypt reduced remarkably to 338 litres in 2022, falling by -24.9% on the year before. Overall, exports recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. As a result, the exports attained the peak of 450 litres, and then dropped sharply in the following year.

In value terms, liqueurs and cordials exports fell to $1.7K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, the exports reached the peak of $1.9K, and then shrank in the following year.

Export of Liqueurs and Cordials in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A1.70%
Netherlands1.11.40.8N/A-14.7%
FranceN/AN/A1.2N/A0%
OthersN/AN/AN/AN/A0%
Total1.11.41.91.715.6%

Top Export Markets for Liqueurs and Cordials from Egypt in 2022:

  1. Switzerland (336.0 litres)
  2. Netherlands (1.0 litres)

Source: IndexBox Market Intelligence Platform

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