Egypt - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Herring Price in Egypt - 2023
Contents:
- Preserved Herring Price in Egypt (CIF) - 2022
- Preserved Herring Price in Egypt (FOB) - 2022
- Preserved Herring Imports in Egypt
- Preserved Herring Exports in Egypt
Preserved Herring Price in Egypt (CIF) - 2022
The average preserved herring import price stood at $3,441 per ton in 2021, declining by -14% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 225%. Over the period under review, average import prices attained the peak figure at $7,357 per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Greece ($3,441 per ton), while the price for Latvia totaled $3,441 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Herring Price in Egypt (FOB) - 2022
In 2021, the average preserved herring export price amounted to $3,724 per ton, surging by 7.7% against the previous year. Overall, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices hit record highs at $4,565 per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,725 per ton), while the average price for exports to Kuwait ($3,724 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Herring Imports in Egypt
Preserved herring imports into Egypt soared to 48 tons in 2022, surging by 67% on the previous year's figure. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 957,333%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, preserved herring imports surged to $170K in 2022. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 823,442%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Preserved Herring in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Greece | N/A | N/A | 62.5 | 0% | |
| Latvia | N/A | 0.1 | 36.4 | 36300.0% | |
| Ireland | 0.7 | 3.0 | N/A | 328.6% | |
| Germany | 25.6 | 2.1 | N/A | -91.8% | |
| Sweden | 0.2 | 2.4 | N/A | 1100.0% | |
| United Kingdom | 0.4 | 2.0 | N/A | 400.0% | |
| Poland | 0.9 | 5.2 | N/A | 477.8% | |
| Italy | 3.9 | 17.4 | N/A | 346.2% | |
| Others | 0.9 | -32.1 | N/A | -3666.7% | |
| Total | 32.5 | N/A | 98.8 | 74.4% | |
Top Suppliers of Preserved Herring to Egypt in 2022:
- Greece (18.2 tons)
- Latvia (10.6 tons)
Preserved Herring Exports in Egypt
In 2022, shipments abroad of herrings (prepared or preserved) was finally on the rise to reach 18 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt setback.
In value terms, preserved herring exports soared to $69K in 2022. In general, exports, however, showed a precipitous shrinkage.
| Export of Preserved Herring in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Kuwait | 25.2 | 13.1 | 19.2 | -12.7% | |
| United Arab Emirates | 84.6 | 19.4 | 13.7 | -59.8% | |
| Turkey | N/A | N/A | 3.5 | 0% | |
| Oman | 11.6 | 0.5 | 0.3 | -83.9% | |
| United States | N/A | 9.1 | N/A | 0% | |
| Saudi Arabia | 12.4 | 5.5 | N/A | -55.6% | |
| Bahrain | 1.8 | 6.0 | N/A | 233.3% | |
| Others | 4.8 | 2.2 | 22.3 | 115.5% | |
| Total | 141 | 55.8 | 59.1 | -35.3% | |
Top Export Markets for Preserved Herring from Egypt in 2022:
- Oman (undefined tons)
- Kuwait (5.2 tons)
- United Arab Emirates (3.7 tons)
- Turkey (0.9 tons)
This report provides an in-depth analysis of the preserved herring 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:
- Prodcom 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)
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.
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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
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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
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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
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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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