
Egypt - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil and Tallow Oil - Market Analysis, Forecast, Size, Trends and Insights
Egypt: Oleo Oils Market 2022
Oleo Oils Market Size in Egypt
The Egyptian oleo oils market was estimated at $X in 2021, stabilizing at the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Oleo oils consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.
Oleo Oils Production in Egypt
In value terms, oleo oils production totaled $X in 2021 estimated in export price. Over the period under review, production recorded a slight decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. Oleo oils production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Oleo Oils Exports
Exports from Egypt
Oleo oils exports from Egypt declined slightly to X tons in 2021, shrinking by -X% compared with the year before. Overall, exports saw a deep reduction. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, oleo oils exports reached $X in 2021. Over the period under review, exports faced a sharp curtailment. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
Israel (X tons) was the main destination for oleo oils exports from Egypt, accounting for a X% share of total exports. Moreover, oleo oils exports to Israel exceeded the volume sent to the second major destination, Bulgaria (X tons), sixfold.
From 2012 to 2021, the average annual growth rate of volume to Israel amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-X% per year) and Kuwait (-X% per year).
In value terms, Kuwait ($X), Israel ($X) and Bulgaria ($X) appeared to be the largest markets for oleo oils exported from Egypt worldwide, together accounting for X% of total exports.
In terms of the main countries of destination, Israel, with a CAGR of -X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
In 2021, the average oleo oils export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Kuwait ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+X%), while the prices for the other major destinations experienced a decline.
Oleo Oils Imports
Imports into Egypt
In 2021, supplies from abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a significant contraction. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, oleo oils imports skyrocketed to $X in 2021. In general, imports, however, showed a significant contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, the United States (X tons) was the main oleo oils supplier to Egypt, with a approx. X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +X%.
In value terms, the United States ($X) constituted the largest supplier of oleo oils to Egypt.
From 2012 to 2021, the average annual growth rate of value from the United States amounted to +X%.
Import Prices by Country
The average oleo oils import price stood at $X per ton in 2021, falling by -X% against the previous year. In general, the import price, however, showed strong growth. The import price peaked at $X per ton in 2020, and then contracted significantly in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -X% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the oleo oils 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 2030.
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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