Egypt: Market for Processed cheese (excluding grated or powdered) 2024

Market Size for Processed cheese (excluding grated or powdered) in Egypt

In 2022, the Egyptian market for processed cheese (excluding grated or powdered) increased by X% to $X, rising for the seventh year in a row after three years of decline. Overall, consumption, however, enjoyed a buoyant expansion. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Production of Processed cheese (excluding grated or powdered) in Egypt

In value terms, production of processed cheese (excluding grated or powdered) totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced expansion 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 increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production of hit record highs in 2022 and is likely to see steady growth in the immediate term.

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Exports of Processed cheese (excluding grated or powdered)

Exports from Egypt

After five years of decline, shipments abroad of processed cheese (excluding grated or powdered) increased by X% to X tons in 2022. Over the period under review, exports, however, saw a drastic downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) expanded notably to $X in 2022. Overall, exports, however, showed a abrupt contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Yemen (X tons), Jordan (X tons) and Libya (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from Egypt, with a combined X% share of total exports. Lebanon, Oman, Saudi Arabia, the United Arab Emirates and Iraq lagged somewhat behind, together comprising a further X%.

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

In value terms, Yemen ($X), Jordan ($X) and Libya ($X) appeared to be the largest markets for processed cheese (excluding grated or powdered) exported from Egypt worldwide, with a combined X% share of total exports. Lebanon, Oman, Saudi Arabia, the United Arab Emirates and Iraq lagged somewhat behind, together accounting for a further X%.

Lebanon, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for processed cheese (excluding grated or powdered) amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Oman ($X per ton) and Jordan ($X per ton), while the average price for exports to Yemen ($X per ton) and Iraq ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into Egypt

In 2022, purchases abroad of processed cheese (excluding grated or powdered) decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) dropped rapidly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of processed cheese (excluding grated or powdered) to Egypt, with a X% share of total imports. Moreover, imports of processed cheese (excluding grated or powdered) from Poland exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and France (X% per year).

In value terms, Poland ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Egypt, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and France (X% per year).

Import Prices by Country

The average import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($X per ton) and Saudi Arabia ($X per ton), while the price for France ($X per ton) and Morocco ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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