Price for Grapes; Fresh or Dried in Egypt - 2023
Contents:
- Price for Grapes; Fresh or Dried in Egypt (FOB) - 2022
- Price for Grapes; Fresh or Dried in Egypt (CIF) - 2022
- Exports of Grapes; Fresh or Dried in Egypt
- Imports of Grapes; Fresh or Dried in Egypt
Price for Grapes; Fresh or Dried in Egypt (FOB) - 2022
In 2022, the average grapes; fresh or dried export price amounted to $2,243 per ton, shrinking by -5.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 an increase of 39%. The export price peaked at $2,370 per ton in 2021, and then contracted in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Oman ($2,243 per ton) and Slovenia ($2,243 per ton), while the average price for exports to Singapore ($2,243 per ton) and Malaysia ($2,243 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Grapes; Fresh or Dried in Egypt (CIF) - 2022
In 2022, the average grapes; fresh or dried import price amounted to $2,221 per ton, increasing by 2.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 42%. As a result, import price reached the peak level of $2,304 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lebanon ($2,375 per ton) and India ($2,375 per ton), while the price for Uzbekistan ($2,007 per ton) and Turkey ($2,007 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Grapes; Fresh or Dried in Egypt
For the third year in a row, Egypt recorded decline in shipments abroad of grapes; fresh or drieds, which decreased by -0.8% to 107K tons in 2022. In general, exports saw a abrupt decrease. The smallest decline of -0.1% was in 2021.
In value terms, grapes; fresh or dried exports contracted to $239M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 7.8%. As a result, the exports reached the peak of $255M, and then contracted in the following year.
| Export of Grapes; Fresh or Dried in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 50.6 | 58.3 | 59.9 | 50.0 | -0.4% |
| United Kingdom | 57.3 | 62.2 | 62.3 | 49.4 | -4.8% |
| Russia | 19.4 | 22.4 | 30.9 | 37.0 | 24.0% |
| Slovenia | 13.4 | 12.0 | 13.2 | 13.9 | 1.2% |
| Saudi Arabia | 4.6 | 6.3 | 6.7 | 11.9 | 37.3% |
| Germany | 23.6 | 18.4 | 16.2 | 11.9 | -20.4% |
| United Arab Emirates | 5.6 | 5.8 | 6.7 | 9.1 | 17.6% |
| Malaysia | 8.0 | 7.0 | 8.7 | 8.2 | 0.8% |
| Oman | 3.5 | 3.9 | 7.9 | 5.7 | 17.7% |
| South Africa | 7.1 | 6.0 | 5.1 | 5.3 | -9.3% |
| Singapore | 5.1 | 3.7 | 3.9 | 4.5 | -4.1% |
| Others | 37.2 | 30.1 | 33.0 | 32.1 | -4.8% |
| Total | 235 | 236 | 255 | 239 | 0.6% |
Top Export Markets for Grapes; Fresh or Dried from Egypt in 2022:
- Netherlands (22.3K tons)
- United Kingdom (22.0K tons)
- Russia (16.5K tons)
- Slovenia (6.2K tons)
- Saudi Arabia (5.3K tons)
- Germany (5.3K tons)
- United Arab Emirates (4.1K tons)
- Malaysia (3.7K tons)
- Oman (2.5K tons)
- South Africa (2.4K tons)
- Singapore (2.0K tons)
Imports of Grapes; Fresh or Dried in Egypt
In 2022, the amount of grapes; fresh or drieds imported into Egypt fell sharply to 4.4K tons, with a decrease of -21.4% on the previous year's figure. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of 5.6K tons, and then contracted rapidly in the following year.
In value terms, grapes; fresh or dried imports shrank markedly to $9.8M in 2022. In general, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. As a result, imports attained the peak of $12M, and then declined rapidly in the following year.
| Import of Grapes; Fresh or Dried in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 3.2 | 4.9 | 4.5 | 6.0 | 23.3% |
| Iran | 4.5 | 2.3 | 4.8 | 1.8 | -26.3% |
| United Arab Emirates | 0.5 | 0.2 | 0.6 | 0.6 | 6.3% |
| Syrian Arab Republic | N/A | N/A | N/A | 0.4 | 0% |
| Turkey | 0.4 | 0.3 | 0.8 | 0.3 | -9.1% |
| Uzbekistan | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Bulgaria | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Others | 0.2 | N/A | 1.3 | 0.1 | -20.6% |
| Total | 8.9 | 7.8 | 12.2 | 9.8 | 3.3% |
Top Suppliers of Grapes; Fresh or Dried to Egypt in 2022:
- Lebanon (2526.0 tons)
- Iran (888.8 tons)
- United Arab Emirates (282.9 tons)
- Syrian Arab Republic (181.6 tons)
- Bulgaria (169.1 tons)
- Turkey (167.8 tons)
- Uzbekistan (162.2 tons)
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