
Egypt - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
Egypt: Shelled Hazelnut Market 2022
Shelled Hazelnut Market Size in Egypt
After three years of growth, the Egyptian shelled hazelnut market decreased by -23.4% to $X in 2021. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020, and then reduced notably in the following year.
Shelled Hazelnut Exports
Exports from Egypt
In 2021, overseas shipments of shelled hazelnuts were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports enjoyed a measured increase. The most prominent rate of growth was recorded in 2017 with an increase of 17,877% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
In value terms, shelled hazelnut exports amounted to $X in 2021. Overall, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 16,517% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
Exports by Country
Turkey (X tons) was the main destination for shelled hazelnut exports from Egypt, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +11.5%.
In value terms, Turkey ($X) also remains the key foreign market for shelled hazelnut exports from Egypt.
From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +11.3%.
Export Prices by Country
The average shelled hazelnut export price stood at $X per ton in 2021, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 21% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to -0.1% per year.
Shelled Hazelnut Imports
Imports into Egypt
Shelled hazelnut imports into Egypt shrank remarkably to X tons in 2021, declining by -26.9% against the previous year. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 92%. Over the period under review, imports attained the peak figure at X tons in 2020, and then declined rapidly in the following year.
In value terms, shelled hazelnut imports reduced sharply to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 61%. As a result, imports reached the peak of $X, and then declined dramatically in the following year.
Imports by Country
In 2021, Turkey (X tons) constituted the largest supplier of shelled hazelnut to Egypt, accounting for a 88% share of total imports. Moreover, shelled hazelnut imports from Turkey exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume from Turkey stood at -1.4%.
In value terms, Turkey ($X) constituted the largest supplier of shelled hazelnut to Egypt, comprising 88% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a 6.9% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Turkey was relatively modest.
Import Prices by Country
In 2021, the average shelled hazelnut import price amounted to $X per ton, increasing by 9.1% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, shelled hazelnut import price increased by +26.6% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 28%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Bulgaria stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+13.3%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the shelled hazelnut 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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