Egypt: Market for Meat Preparations of Poultry 2024

Market Size for Meat Preparations of Poultry in Egypt

The Egyptian meat preparations of poultry market expanded slightly to $X in 2022, rising by X% against the previous year. In general, consumption posted temperate growth. Meat preparations of poultry consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Meat Preparations of Poultry in Egypt

In value terms, meat preparations of poultry production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Meat Preparations of Poultry

Exports from Egypt

In 2022, exports of meat preparations of poultry from Egypt surged to X tons, with an increase of X% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, meat preparations of poultry exports skyrocketed to $X in 2022. Overall, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Kuwait (X tons) was the main destination for meat preparations of poultry exports from Egypt, with a X% share of total exports. Moreover, meat preparations of poultry exports to Kuwait exceeded the volume sent to the second major destination, Bahrain (X tons), twofold. The third position in this ranking was held by the United Arab Emirates (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kuwait stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and the United Arab Emirates (X% per year).

In value terms, Kuwait ($X) emerged as the key foreign market for meat preparations of poultry exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Kuwait stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average meat preparations of poultry export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Bahrain ($X per ton) and the United Arab Emirates ($X per ton), while the average price for exports to Kuwait ($X per ton) and Sudan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat Preparations of Poultry

Imports into Egypt

In 2022, purchases abroad of meat preparations of poultry was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, saw a abrupt descent. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, meat preparations of poultry imports soared to $X in 2022. In general, imports, however, showed a abrupt slump. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X tons), France (X tons) and the Netherlands (X kg) were the main suppliers of meat preparations of poultry imports to Egypt, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest meat preparations of poultry suppliers to Egypt were Brazil ($X), France ($X) and the Netherlands ($X).

In terms of the main suppliers, France, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average meat preparations of poultry import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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