Egypt: Vinegar-Preserved Vegetable Market 2023

Vinegar-Preserved Vegetable Market Size in Egypt

In 2021, the Egyptian vinegar-preserved vegetable market increased by 8.3% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a abrupt descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Vinegar-Preserved Vegetable Production in Egypt

In value terms, vinegar-preserved vegetable production contracted markedly to $X in 2021 estimated in export price. In general, production recorded a abrupt slump. The growth pace was the most rapid in 2020 when the production volume increased by 136%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Vinegar-Preserved Vegetable Exports

Exports from Egypt

In 2021, shipments abroad of vegetables in vinegar other than potatoes decreased by -18.4% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 59% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, vinegar-preserved vegetable exports dropped slightly to $X in 2021. Over the period under review, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +106.7% against 2012 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 25%. Over the period under review, the exports attained the peak figure at $X in 2020, and then reduced modestly in the following year.

Exports by Country

The United Arab Emirates (X tons), the United States (X tons) and Kuwait (X tons) were the main destinations of vinegar-preserved vegetable exports from Egypt, with a combined 41% share of total exports. These countries were followed by Saudi Arabia, Palestine, Germany, Libya, Sweden, Jordan, Italy, Oman, Romania and France, which together accounted for a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Palestine (with a CAGR of +69.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for vinegar-preserved vegetable exports from Egypt, comprising 23% of total exports. The second position in the ranking was held by Germany ($X), with a 9.5% share of total exports. It was followed by Libya, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +11.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+73.8% per year) and Libya (-3.6% per year).

Export Prices by Country

In 2021, the average vinegar-preserved vegetable export price amounted to $X per ton, with an increase of 21% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Libya ($X per ton), while the average price for exports to Oman ($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 Germany (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vinegar-Preserved Vegetable Imports

Imports into Egypt

In 2021, vinegar-preserved vegetable imports into Egypt rose markedly to X tons, picking up by 8.9% against 2020. Over the period under review, imports, however, continue to indicate a mild slump. The pace of growth appeared the most rapid in 2013 when imports increased by 45%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, vinegar-preserved vegetable imports expanded notably to $X in 2021. In general, imports, however, saw a slight setback. The pace of growth appeared the most rapid in 2013 when imports increased by 37% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest vinegar-preserved vegetable supplier to Egypt, accounting for a 48% share of total imports. Moreover, vinegar-preserved vegetable imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was held by China (X tons), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +24.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+33.3% per year) and China (+10.9% per year).

In value terms, Turkey ($X) constituted the largest supplier of vinegar-preserved vegetable to Egypt, comprising 40% of total imports. The second position in the ranking was taken by China ($X), with a 10% share of total imports. It was followed by Mexico, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey totaled +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.3% per year) and Mexico (+30.3% per year).

Import Prices by Country

The average vinegar-preserved vegetable import price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Saudi Arabia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+53.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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