Price for Homogenised Composite Food Preparations in Egypt - 2023

Contents:

  1. Price for Homogenised Composite Food Preparations in Egypt (FOB) - 2022
  2. Price for Homogenised Composite Food Preparations in Egypt (CIF) - 2022
  3. Exports of Homogenised Composite Food Preparations in Egypt
  4. Imports of Homogenised Composite Food Preparations in Egypt

Price for Homogenised Composite Food Preparations in Egypt (FOB) - 2022

In 2022, the average homogenised composite food preparations export price amounted to $3,801 per ton, picking up by 9.6% against the previous year. Over the period under review, the export price saw a buoyant increase. The growth pace was the most rapid in 2020 when the average export price increased by 66% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,801 per ton), while the average price for exports to Yemen ($3,801 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 Cameroon (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Egypt (CIF) - 2022

The average homogenised composite food preparations import price stood at $4,044 per ton in 2022, waning by -2.7% against the previous year. Overall, the import price, however, continues to indicate modest growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 111% against the previous year. Over the period under review, average import prices hit record highs at $7,965 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($4,044 per ton), while the price for Spain stood at $4,044 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+109.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Homogenised Composite Food Preparations in Egypt

In 2022, homogenised composite food preparations exports from Egypt contracted markedly to 44 tons, with a decrease of -21.4% on the year before. Over the period under review, exports saw a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 12%.

In value terms, homogenised composite food preparations exports reduced to $167K in 2022. Overall, exports faced a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year.

Export of Homogenised Composite Food Preparations in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
YemenN/A0.92.11361129.3%
United Arab Emirates51115717420.5-65.8%
PakistanN/AN/A1.39.1600.0%
Austria12.0N/AN/AN/A0%
Morocco72.412.8N/AN/A-82.3%
Lebanon3.9N/AN/AN/A0%
Sudan75.21.1N/AN/A-98.5%
Netherlands12.1N/AN/AN/A0%
Others48.43.916.60.6-76.9%
Total735176194167-39.0%

Top Export Markets for Homogenised Composite Food Preparations from Egypt in 2022:

  1. Yemen (35.9 tons)
  2. United Arab Emirates (5.4 tons)
  3. Pakistan (2.4 tons)

Imports of Homogenised Composite Food Preparations in Egypt

Homogenised composite food preparations imports into Egypt skyrocketed to 12 tons in 2022, jumping by 419% compared with 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern.

In value terms, homogenised composite food preparations imports soared to $48K in 2022. Overall, imports posted a significant expansion.

Import of Homogenised Composite Food Preparations in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A13.2N/A45.886.3%
SwitzerlandN/AN/AN/A2.60%
Thailand10.7N/AN/AN/A0%
Jordan0.57.2N/AN/A1340.0%
Kuwait2.37.2N/AN/A213.0%
Saudi Arabia12.893.3N/AN/A628.9%
OthersN/A3.89.6N/A152.6%
Total26.21259.648.522.8%

Top Suppliers of Homogenised Composite Food Preparations to Egypt in 2022:

  1. Spain (11.3 tons)
  2. Switzerland (0.7 tons)
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