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Egypt - Cherries - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Egypt: Cherry Market Overview 2021

Cherry Market Size in Egypt

The Egyptian cherry market fell markedly to $X in 2020, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Cherry Exports

Exports from Egypt

In 2020, overseas shipments of cherries decreased by -X% to X kg, falling for the second consecutive year after two years of growth. In general, exports recorded a dramatic decrease. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, cherry exports declined rapidly to $X in 2020. Over the period under review, exports recorded a sharp setback. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X kg) was the main destination for cherry exports from Egypt, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Bahrain stood at -X%.

In value terms, Bahrain ($X) also remains the key foreign market for cherry exports from Egypt.

From 2007 to 2020, the average annual rate of growth in terms of value to Bahrain amounted to -X%.

Export Prices by Country

In 2020, the average cherry export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2019, and then contracted notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2007 to 2020, the rate of growth in terms of prices for Bahrain amounted to +X% per year.

Cherry Imports

Imports into Egypt

Cherry imports into Egypt fell sharply to X tonnes in 2020, reducing by -X% against the previous year's figure. Over the period under review, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, cherry imports shrank significantly to $X in 2020. Overall, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2012 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2013 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Syrian Arab Republic (X tonnes) constituted the largest cherry supplier to Egypt, accounting for a X% share of total imports. Moreover, cherry imports from Syrian Arab Republic exceeded the figures recorded by the second-largest supplier, Lebanon (X tonnes), fivefold.

From 2007 to 2020, the average annual growth rate of volume from Syrian Arab Republic totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (-X% per year) and Greece (+X% per year).

In value terms, Syrian Arab Republic ($X) constituted the largest supplier of cherry to Egypt, comprising X% of total imports. The second position in the ranking was occupied by Lebanon ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Syrian Arab Republic stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+X% per year) and Greece (+X% per year).

Import Prices by Country

The average cherry import price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2019 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum in 2020 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Lebanon ($X per tonne), while the price for Syrian Arab Republic ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Lebanon, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cherries in the world?
+
Turkey (786K tonnes) remains the largest cherry consuming country worldwide, accounting for 19% of total volume. Moreover, cherry consumption in Turkey exceeded the figures recorded by the second-largest consumer, the U.S. (384K tonnes), twofold. Russia (378K tonnes) ranked third in terms of total consumption with a 9.1% share.
What are the largest producers of cherries in the world?
+
The countries with the highest volumes of cherry production in 2020 were Turkey (875K tonnes), the U.S. (444K tonnes) and Chile (402K tonnes), with a combined 40% share of global production.
What are the leading suppliers of cherries to Egypt?
+
In value terms, Syrian Arab Republic ($3.6M) constituted the largest supplier of cherry to Egypt, comprising 79% of total imports. The second position in the ranking was occupied by Lebanon ($839K), with a 19% share of total imports.
What are the leading importers of cherries from Egypt?
+
In value terms, Bahrain ($40) remains the key foreign market for cherry exports from Egypt.
What is the average export price for cherries in Egypt?
+
The average cherry export price stood at $2,199 per tonne in 2020, shrinking by -26.6% against the previous year.
What is the average import price for cherries in Egypt?
+
In 2020, the average cherry import price amounted to $3,180 per tonne, with an increase of 44% against the previous year.

Product coverage:
• FCL 530 - Sour cherries
• FCL 531 - Cherries

This report provides an in-depth analysis of the cherry 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.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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