Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt (FOB) - 2023
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt (CIF) - 2023
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt (FOB) - 2023
The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,428 per ton in November 2023, dropping by -2.4% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in June 2023 an increase of 20% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,471 per ton in September 2023; however, from October 2023 to November 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In November 2023, the countries with the highest prices were Spain ($1,544 per ton) and Italy ($1,542 per ton), while the average price for exports to Jordan ($1,269 per ton) and Russia ($1,359 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt (CIF) - 2023
In November 2023, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,475 per ton, with an increase of 2.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in June 2023 an increase of 15% against the previous month. The import price peaked at $1,507 per ton in August 2023; afterwards, it flattened through to November 2023.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the countries with the highest prices were China ($1,626 per ton) and India ($1,526 per ton), while the price for Poland ($1,423 per ton) and Spain ($1,469 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt
In 2022, approx. 238K tons of vegetables (uncooked or cooked by steaming or boiling in water); frozen were exported from Egypt; with an increase of 157% compared with the year before. In general, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen skyrocketed to $286M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.6% 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 +75.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.0 | 28.4 | 26.3 | 58.4 | 36.4% |
| Saudi Arabia | 25.4 | 29.1 | 21.7 | 32.8 | 8.9% |
| Russia | 2.8 | 8.5 | 16.1 | 21.0 | 95.7% |
| Jordan | 9.1 | 8.1 | 7.0 | 20.1 | 30.2% |
| Italy | 13.5 | 12.6 | 12.0 | 17.5 | 9.0% |
| Netherlands | 1.5 | 1.9 | 3.1 | 12.2 | 101.1% |
| United Arab Emirates | 3.5 | 6.1 | 6.4 | 11.8 | 49.9% |
| Libya | 6.8 | 7.5 | 8.6 | 11.0 | 17.4% |
| Palestine | 3.5 | 4.5 | 5.9 | 9.5 | 39.5% |
| Spain | 5.8 | 8.4 | 6.7 | 9.3 | 17.0% |
| France | 9.4 | 10.0 | 8.0 | 8.8 | -2.2% |
| Kuwait | 7.3 | 10.1 | 6.8 | 7.7 | 1.8% |
| Iraq | 3.4 | 2.7 | 3.8 | 6.8 | 26.0% |
| Others | 48.5 | 44.7 | 58.8 | 59.6 | 7.1% |
| Total | 163 | 183 | 191 | 286 | 20.6% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Egypt in 2022:
- United States (49.0K tons)
- Saudi Arabia (26.7K tons)
- Jordan (18.1K tons)
- Russia (17.9K tons)
- Italy (13.7K tons)
- Netherlands (11.9K tons)
- United Arab Emirates (9.9K tons)
- Libya (7.7K tons)
- Palestine (7.7K tons)
- Spain (7.3K tons)
- France (6.9K tons)
- Kuwait (6.2K tons)
- Iraq (5.5K tons)
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt
In 2022, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen into Egypt skyrocketed to 6.5K tons, increasing by 213% against 2021 figures. Over the period under review, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen soared to $8.3M in 2022. In general, imports recorded a pronounced increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.6 | 2.2 | 2.3 | 5.0 | 11.6% |
| Poland | 1.6 | 0.9 | 1.1 | 1.3 | -6.7% |
| India | 0.7 | 0.6 | 0.7 | 1.3 | 22.9% |
| Greece | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
| Belgium | 0.4 | 0.1 | N/A | 0.2 | -20.6% |
| Others | 0.8 | 0.5 | 0.6 | 0.3 | -27.9% |
| Total | 7.3 | 4.3 | 4.7 | 8.3 | 4.4% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Egypt in 2022:
- Spain (3.9K tons)
- Poland (1.0K tons)
- India (1.0K tons)
- Greece (0.2K tons)
- Belgium (0.1K tons)
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