Egypt - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Olive Price in Egypt - 2023
Contents:
- Preserved Olive Price in Egypt (FOB) - 2022
- Preserved Olive Price in Egypt (CIF) - 2022
- Preserved Olive Exports in Egypt
- Preserved Olive Imports in Egypt
Preserved Olive Price in Egypt (FOB) - 2022
In 2022, the average preserved olive export price amounted to $2,027 per ton, falling by -3.8% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 43% against the previous year. Over the period under review, the average export prices attained the maximum at $2,113 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($2,044 per ton), while the average price for exports to the United Arab Emirates ($985 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 Algeria (-0.5%), while the prices for the other major destinations experienced a decline.
Preserved Olive Price in Egypt (CIF) - 2022
The average preserved olive import price stood at $2,921 per ton in 2022, rising by 20% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the average import price increased by 72%. The import price peaked at $3,182 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Jordan ($2,921 per ton) and Lebanon ($2,921 per ton), while the price for Italy ($2,921 per ton) and Turkey ($2,921 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Olive Exports in Egypt
For the third year in a row, Egypt recorded decline in shipments abroad of olives prepared or preserved, which decreased by -5.5% to 35K tons in 2022. Over the period under review, exports saw a drastic downturn. The smallest decline of -0.5% was in 2020.
In value terms, preserved olive exports declined to $70M in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 42%. As a result, the exports attained the peak of $88M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Preserved Olive in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 10.0 | 31.1 | 15.6 | 15.2 | 15.0% |
| Libya | 10.8 | 6.0 | 11.8 | 13.5 | 7.7% |
| Jordan | 6.2 | 2.9 | 6.9 | 13.5 | 29.6% |
| Spain | 11.3 | 19.7 | 7.6 | 5.9 | -19.5% |
| Iraq | 0.6 | 4.7 | 3.6 | 4.8 | 100.0% |
| Greece | 1.3 | 1.6 | 2.8 | 3.7 | 41.7% |
| United States | 4.5 | 4.7 | 3.3 | 3.1 | -11.7% |
| Italy | 4.4 | 4.2 | 1.8 | 2.1 | -21.9% |
| Sudan | N/A | 0.2 | 0.5 | 1.2 | 144.9% |
| Romania | 1.9 | 1.8 | 1.6 | 0.6 | -31.9% |
| United Arab Emirates | 0.7 | 1.1 | 1.3 | 0.5 | -10.6% |
| Others | 10.3 | 10.4 | 20.7 | 6.2 | -15.6% |
| Total | 62.1 | 88.2 | 77.4 | 70.4 | 4.3% |
Top Export Markets for Preserved Olive from Egypt in 2022:
- Brazil (7.4K tons)
- Libya (6.6K tons)
- Jordan (6.6K tons)
- Spain (2.9K tons)
- Iraq (2.4K tons)
- Greece (1.8K tons)
- United States (1.5K tons)
- Italy (1.1K tons)
- Sudan (0.6K tons)
- United Arab Emirates (0.5K tons)
- Romania (0.3K tons)
Preserved Olive Imports in Egypt
In 2022, approx. 299 tons of olives prepared or preserved were imported into Egypt; picking up by 46% compared with 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved olive imports surged to $872K in 2022. Overall, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Preserved Olive in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Syrian Arab Republic | N/A | N/A | N/A | 418 | 0% |
| Greece | 395 | 458 | 317 | 264 | -12.6% |
| Turkey | N/A | N/A | 22.3 | 31.5 | 41.3% |
| Lebanon | 40.1 | N/A | 26.4 | 22.2 | -17.9% |
| Italy | 5.6 | 4.6 | 24.3 | 11.7 | 27.8% |
| Spain | 33.2 | 23.6 | 16.0 | 8.9 | -35.5% |
| United Arab Emirates | N/A | N/A | 33.0 | N/A | 0% |
| Others | 96.5 | 2.6 | 56.1 | 116 | 6.3% |
| Total | 571 | 489 | 495 | 872 | 15.2% |
Top Suppliers of Preserved Olive to Egypt in 2022:
- Syrian Arab Republic (143.2 tons)
- Greece (90.3 tons)
- Turkey (10.8 tons)
- Lebanon (7.6 tons)
- Italy (4.0 tons)
- Spain (3.0 tons)
This report provides an in-depth analysis of the preserved olive 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 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)
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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1574
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