Egypt: Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size in Egypt

The Egyptian preserved cows meat market rose modestly to $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Preserved Cows Meat Production in Egypt

In value terms, preserved cows meat production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Preserved Cows Meat Exports

Exports from Egypt

In 2022, the amount of prepared or preserved meat or offal of bovine animals exported from Egypt surged to X tons, with an increase of X% compared with the year before. Over the period under review, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, preserved cows meat exports skyrocketed to $X in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for preserved cows meat exports from Egypt, accounting for a X% share of total exports. Moreover, preserved cows meat exports to the United Arab Emirates exceeded the volume sent to the second major destination, Kuwait (X tons), threefold. Libya (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, the United Arab Emirates ($X) remains the key foreign market for prepared or preserved meat or offal of bovine animals exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total exports. It was followed by Libya, with a X% share.

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

Export Prices by Country

The average preserved cows meat export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Mauritius ($X per ton) and Pakistan ($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 Mauritius (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Cows Meat Imports

Imports into Egypt

Preserved cows meat imports into Egypt surged to X tons in 2022, jumping by X% against the previous year's figure. In general, imports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, preserved cows meat imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main preserved cows meat supplier to Egypt, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled X%.

In value terms, Brazil ($X) constituted the largest supplier of prepared or preserved meat or offal of bovine animals to Egypt.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at X%.

Import Prices by Country

The average preserved cows meat import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved cows meat import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Source: IndexBox Platform

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