Egypt - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Egypt - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights

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Temporarily Preserved Vegetable Price in Egypt - 2023

Contents:

  1. Temporarily Preserved Vegetable Price in Egypt (FOB) - 2023
  2. Temporarily Preserved Vegetable Price in Egypt (CIF) - 2022
  3. Temporarily Preserved Vegetable Exports in Egypt
  4. Temporarily Preserved Vegetable Imports in Egypt

Temporarily Preserved Vegetable Price in Egypt (FOB) - 2023

The average temporarily preserved vegetable export price stood at $1,809 per ton in July 2023, remaining stable against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.1%. The growth pace was the most rapid in October 2022 an increase of 15% against the previous month. The export price peaked in July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Palestine ($2,518 per ton), while the average price for exports to Israel ($1,066 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Temporarily Preserved Vegetable Price in Egypt (CIF) - 2022

The average temporarily preserved vegetable import price stood at $1,370 per ton in 2022, surging by 14% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2014 an increase of 399% against the previous year. As a result, import price reached the peak level of $3,075 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,959 per ton), while the price for India ($1,023 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Temporarily Preserved Vegetable Exports in Egypt

In 2022, the amount of vegetables (temporarily preserved) exported from Egypt rose significantly to 42K tons, growing by 9.3% compared with the previous year. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, temporarily preserved vegetable exports soared to $65M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +53.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Temporarily Preserved Vegetable in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy26.022.021.536.712.2%
Germany1.41.72.24.749.7%
United States0.43.69.84.4122.4%
Palestine3.35.53.53.95.7%
Spain1.81.11.12.410.1%
Greece0.81.31.72.240.1%
Jordan3.50.10.81.7-21.4%
Brazil1.50.90.61.4-2.3%
Russia0.20.71.31.281.7%
Israel1.90.30.61.0-19.3%
Others5.74.99.75.0-4.3%
Total46.442.152.864.511.6%

Top Export Markets for Temporarily Preserved Vegetable from Egypt in 2022:

  1. Italy (24.7K tons)
  2. Germany (3.1K tons)
  3. United States (3.0K tons)
  4. Palestine (1.8K tons)
  5. Greece (1.5K tons)
  6. Spain (1.3K tons)
  7. Israel (1.0K tons)
  8. Jordan (0.8K tons)
  9. Brazil (0.7K tons)
  10. Russia (0.7K tons)

Temporarily Preserved Vegetable Imports in Egypt

In 2022, overseas purchases of vegetables (temporarily preserved) decreased by -4.3% to 553 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 78%. As a result, imports attained the peak of 577 tons, and then reduced in the following year.

In value terms, temporarily preserved vegetable imports rose notably to $757K in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 114% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Temporarily Preserved Vegetable in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14224248334434.3%
SpainN/AN/AN/A2410%
TurkeyN/AN/A13.8110697.1%
ItalyN/A62.110223.6-38.4%
Netherlands15.413.814.814.9-1.1%
Others1126.580.924.4-39.8%
Total26932469475741.2%

Top Suppliers of Temporarily Preserved Vegetable to Egypt in 2022:

  1. India (335.9 tons)
  2. Spain (123.1 tons)
  3. Turkey (59.0 tons)
  4. Italy (13.0 tons)
  5. Netherlands (8.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the temporarily preserved vegetable 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:

  • FCL 474 - Vegetables, Temporarily Preserved

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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