Egypt: Cheese Market Overview 2020

Cheese Market Size in Egypt

The revenue of the cheese market in Egypt amounted to $X in 2018, stabilizing at the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. In that year, the cheese market reached its peak level of $X. From 2013 to 2018, the growth of the cheese market failed to regain its momentum.

Cheese Production in Egypt

In value terms, cheese production stood at $X in 2018 estimated in export prices. Overall, the total output indicated a remarkable increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cheese production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. In that year, cheese production attained its peak level of $X. From 2013 to 2018, cheese production growth remained at a lower figure.

Cheese Exports

Exports from Egypt

Cheese exports from Egypt totaled X tonnes in 2018, coming down by -X% against the previous year. In general, cheese exports, however, continue to indicate a mild expansion. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, cheese exports attained their maximum at X tonnes in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, cheese exports totaled $X in 2018. Over the period under review, cheese exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, cheese exports attained their peak figure at $X in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tonnes), Jordan (X tonnes) and Iraq (X tonnes) were the main destinations of cheese exports from Egypt, with a combined X% share of total exports. These countries were followed by Libya, Oman, Yemen, the United Arab Emirates, Lebanon, Kuwait, Algeria, Palestine and Eritrea, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Algeria, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cheese exported from Egypt were Saudi Arabia ($X), Jordan ($X) and Iraq ($X), with a combined X% share of total exports. These countries were followed by Libya, Oman, Yemen, the United Arab Emirates, Lebanon, Kuwait, Palestine, Eritrea and Algeria, which together accounted for a further X terms of the main countries of destination, Algeria experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average cheese export price amounted to $X per tonne, leveling off at the previous year. Over the period under review, the export price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cheese export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. In that year, the average export prices for cheese reached their peak level of $X per tonne. From 2013 to 2018, the growth in terms of the average export prices for cheese failed to regain its momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Kuwait ($X per tonne), while the average price for exports to Algeria ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Palestine, while the prices for the other major destinations experienced more modest paces of growth.

Cheese Imports

Imports into Egypt

In 2018, the amount of cheese imported into Egypt totaled X tonnes, going up by X% against the previous year. In general, cheese imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. In that year, cheese imports reached their peak of X tonnes. From 2015 to 2018, the growth of cheese imports remained at a somewhat lower figure.

In value terms, cheese imports totaled $X in 2018. Overall, the total imports indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. In that year, cheese imports reached their peak of $X. From 2015 to 2018, the growth of cheese imports failed to regain its momentum.

Imports by Country

The Netherlands (X tonnes), New Zealand (X tonnes) and Poland (X tonnes) were the main suppliers of cheese imports to Egypt, with a combined X% share of total imports. Syrian Arab Republic, Ireland, Saudi Arabia, the UK, Denmark, the U.S. and Ukraine lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, the largest cheese suppliers to Egypt were the Netherlands ($X), New Zealand ($X) and Ireland ($X), together accounting for X% of total imports. These countries were followed by Poland, Saudi Arabia, the UK, Denmark, Ukraine, the U.S. and Syrian Arab Republic, which together accounted for a further X UK experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, 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 2018, increasing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017 an increase of X% y-o-y. The import price peaked in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per tonne), while the price for Syrian Arab Republic ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by New Zealand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform