Egypt: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Egypt

The Egyptian market for fresh or chilled pig meat other than cuts or carcases declined slightly to $X in 2022, which is down by -4.5% against the previous year. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.0% against 2020 indices. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Egypt

In value terms, production of fresh or chilled pig meat other than cuts or carcases dropped modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.5% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 24% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports from Egypt

After ten years of growth, shipments abroad of fresh or chilled pig meat other than cuts or carcases decreased by -14% to X tons in 2022. Over the period under review, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2019 when exports increased by 95%. Over the period under review, the exports of attained the maximum at X tons in 2021, and then reduced in the following year.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases shrank to $X in 2022. Overall, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 91%. Over the period under review, the exports of attained the maximum at $X in 2021, and then shrank in the following year.

Exports by Country

Bahrain (X tons) was the main destination for exports of fresh or chilled pig meat other than cuts or carcases from Egypt, accounting for a 87% share of total exports. Moreover, exports of fresh or chilled pig meat other than cuts or carcases to Bahrain exceeded the volume sent to the second major destination, Tanzania (X kg), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bahrain stood at +21.7%.

In value terms, Bahrain ($X) emerged as the key foreign market for fresh or chilled pig meat other than cuts or carcases exports from Egypt, comprising 89% of total exports. The second position in the ranking was taken by Tanzania ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bahrain stood at +18.6%.

Export Prices by Country

In 2022, the average export price for fresh or chilled pig meat other than cuts or carcases amounted to $X per ton, with an increase of 7% against the previous year. Overall, the export price showed a relatively flat trend pattern. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Tanzania amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-2.5%).

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports into Egypt

In 2019, purchases abroad of fresh or chilled pig meat other than cuts or carcases decreased by 0% to X tons, falling for the second consecutive year after four years of growth. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 116%. Over the period under review, imports of attained the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases stood at $X in 2019. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2017 when imports increased by 313%. Imports peaked in 2019 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2019, India (X tons) was the main fresh pork other than cuts or carcases supplier to Egypt, with a approx. 100% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from India was relatively modest.

In value terms, India ($X) constituted the largest supplier of fresh or chilled pig meat other than cuts or carcases to Egypt.

From 2012 to 2019, the average annual rate of growth in terms of value from India was relatively modest.

Import Prices by Country

In 2019, the average import price for fresh or chilled pig meat other than cuts or carcases amounted to $X per ton, remaining stable against the previous year. In general, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 91% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2019, the rate of growth in terms of prices for Germany amounted to -14.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :