Egypt - Cheese - Market Analysis, Forecast, Size, Trends and Insights

Egypt: Cheese Market Overview 2019

Cheese Market Size in Egypt

The revenue of the cheese market in Egypt amounted to $X in 2017, increasing by X% against the previous year. Overall, the total market indicated a remarkable expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cheese consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. In that year, the cheese market reached their peak level of $X. From 2016 to 2017, growth of the cheese market failed to regain its momentum.

Cheese Production in Egypt

In 2017, production of cheese in Egypt amounted to X tonnes, therefore, remained relatively stable against the previous year. Overall, cheese production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. In that year, the cheese production attained their peak volume of X tonnes. From 2010 to 2017, growth of the cheese production failed to regain its momentum.

Cheese Exports

Exports from Egypt

In 2017, exports of cheese from Egypt amounted to X tonnes, shrinking by -X% against the previous year. Overall, cheese exports continue to indicate a modest increase. The growth pace was the most rapid in 2010, when exports increased by X% against the previous year. In that year, the cheese exports attained their peak volume of X tonnes. From 2011 to 2017, growth of the cheese exports stood at a somewhat lower level.

In value terms, cheese exports stood at $X in 2017. Overall, cheese exports continue to indicate a prominent increase. The exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Exports by Country

Saudi Arabia (X tonnes), Jordan (X tonnes) and Iraq (X tonnes) were the main destinations of cheese exports from Egypt, together comprising X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Jordan (+X% per year), while the other leaders experienced mixed trend patterns.

In value terms, largest markets for cheese exported from Egypt were Saudi Arabia ($X), Jordan ($X) and Iraq ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Jordan (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cheese export price stood at $X per tonne in 2017, coming up by X% against the previous year. Overall, the export price indicated a strong expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cheese export price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. In that year, the average export prices for cheese attained their peak level of $X per tonne. From 2016 to 2017, growth of the average export prices for cheese stood at a somewhat lower level.

Average export prices varied noticeably for the major foreign markets. In 2017, the countries with the highest export prices were Lebanon ($X per tonne) and Libya ($X per tonne), while average price for exports to Saudi Arabia ($X per tonne) and Jordan ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Iraq (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Cheese Imports

Imports into Egypt

In 2017, the amount of cheese imported into Egypt totaled X tonnes, lowering by -X% against the previous year. Overall, cheese imports continue to indicate a mild slump. The pace of growth appeared the most rapid in 2011, when imports increased by X% year-to-year. In that year, the cheese imports reached their peak volume of X tonnes. From 2012 to 2017, growth of the cheese imports stood at a somewhat lower level.

In value terms, cheese imports totaled $X in 2017. In general, the total imports indicated a perceptible growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cheese imports decreased by -X% against 2014 indices. The imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Imports by Country

The Netherlands (X tonnes), New Zealand (X tonnes) and Poland (X tonnes) were the main suppliers of cheese imports to Egypt, together comprising X% of total imports. Ireland, the UK, Ukraine and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Ukraine (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest cheese suppliers to Egypt were the Netherlands ($X), New Zealand ($X) and Poland ($X), together accounting for X% of total imports. Ireland, the UK, Saudi Arabia and Ukraine lagged somewhat behind, together comprising a further X%.

Ukraine (+X% per year) recorded the highest rates of growth with regard to imports,among the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cheese import price stood at $X per tonne in 2017, dropping by -X% against the previous year. In general, cheese import price continues to indicate a strong growth. The most prominent rate of growth was recorded in 2012, when the average import price increased by X% against the previous year. The import price peaked of $X per tonne in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of origin; the country with the highest import price was Ireland ($X per tonne), while price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Saudi Arabia (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform