
Egypt - Cheese - Market Analysis, Forecast, Size, Trends and Insights
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Egypt: Cheese Market Overview 2021
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Cheese Market Size in Egypt
In 2019, the Egyptian cheese market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Cheese consumption peaked at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.
Cheese Production in Egypt
In value terms, cheese production declined significantly to $X in 2019 estimated in export prices. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2019, production remained at a lower figure.
Cheese Exports
Exports from Egypt
In 2019, exports of cheese from Egypt surged to X tonnes, increasing by X% on the previous year's figure. Overall, exports posted a notable increase. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2011; however, from 2012 to 2019, exports stood at a somewhat lower figure.
In value terms, cheese exports declined to $X in 2019. In general, exports enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.
Exports by Country
Saudi Arabia (X tonnes), Jordan (X tonnes) and Libya (X tonnes) were the main destinations of cheese exports from Egypt, together accounting for X% of total exports. Yemen, Palestine, Kuwait, Iraq and Lebanon lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Yemen, while shipments for the other leaders experienced more modest paces of growth.
In value terms, Saudi Arabia ($X), Jordan ($X) and Libya ($X) were the largest markets for cheese exported from Egypt worldwide, with a combined X% share of total exports. These countries were followed by Yemen, Iraq, Lebanon, Palestine and Kuwait, which together accounted for a further X the main countries of destination, Yemen recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2019, the average cheese export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Jordan ($X per tonne), while the average price for exports to Palestine ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Jordan, while the prices for the other major destinations experienced more modest paces of growth.
Cheese Imports
Imports into Egypt
In 2019, supplies from abroad of cheese increased by X% to X tonnes, rising for the second year in a row after three years of decline. Over the period under review, total imports indicated a notable increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2015 to 2019, the growth imports remained at a lower figure.
In value terms, cheese imports rose notably to $X in 2019. Overall, total imports indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2015 to 2019, the growth imports remained at a somewhat lower figure.
Imports by Country
The Netherlands (X tonnes), Ireland (X tonnes) and New Zealand (X tonnes) were the main suppliers of cheese imports to Egypt, together comprising X% of total imports. Poland, Denmark and the U.S. lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X), Ireland ($X) and New Zealand ($X) constituted the largest cheese suppliers to Egypt, together accounting for X% of total imports. These countries were followed by Poland, Denmark and the U.S., which together accounted for a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average cheese import price stood at $X per tonne in 2019, falling by -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2018, and then reduced rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Denmark ($X per tonne), while the price for New Zealand ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for cheese in the world?+
The country with the largest volume of cheese consumption was the U.S. (6.1M tonnes), accounting for 24% of total volume. Moreover, cheese consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Germany (3M tonnes), twofold. The third position in this ranking was occupied by France (1.6M tonnes), with a 6.4% share.
What are the largest producers of cheese in the world?+
The countries with the highest volumes of cheese production in 2019 were the U.S. (6.3M tonnes), Germany (3.5M tonnes) and France (1.9M tonnes), together comprising 46% of global production. These countries were followed by Italy, Poland, the Netherlands, Argentina, Russia, the Czech Republic, Egypt, the UK, Canada and Sudan, which together accounted for a further 27%.
What are the leading suppliers of cheese to Egypt?+
In value terms, the largest cheese suppliers to Egypt were the Netherlands ($43M), Ireland ($24M) and New Zealand ($23M), together comprising 70% of total imports. These countries were followed by Poland, Denmark and the U.S., which together accounted for a further 20%.
What are the leading importers of cheese from Egypt?+
In value terms, the largest markets for cheese exported from Egypt were Saudi Arabia ($62M), Jordan ($46M) and Libya ($40M), together accounting for 59% of total exports. These countries were followed by Yemen, Iraq, Lebanon, Palestine and Kuwait, which together accounted for a further 31%.
What is the average export price for cheese in Egypt?+
The average cheese export price stood at $2,761 per tonne in 2019, dropping by -27.9% against the previous year.
What is the average import price for cheese in Egypt?+
The average cheese import price stood at $4,477 per tonne in 2019, with a decrease of -18.3% against the previous year.
This report provides an in-depth analysis of the cheese 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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