Egypt - Wine and Grape Must - Market Analysis, Forecast, Size, Trends and Insights
Egypt: Wine Market 2023
Wine Market Size in Egypt
The Egyptian wine market stood at $X in 2022, surging by 10% against the previous year. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 -8.7% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.
Wine Production in Egypt
In value terms, wine production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a prominent increase. The growth pace was the most rapid in 2020 with an increase of 59%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.
Wine Exports
Exports from Egypt
After two years of growth, shipments abroad of wine and grape must decreased by -63.3% to X litres in 2022. Overall, exports, however, recorded prominent growth. The growth pace was the most rapid in 2013 with an increase of 811% against the previous year. Over the period under review, the exports reached the maximum at X litres in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.
In value terms, wine exports reduced dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 899% against the previous year. The exports peaked at $X in 2021, and then declined significantly in the following year.
Exports by Country
Japan (X litres), Bahrain (X litres) and Jordan (X litres) were the main destinations of wine exports from Egypt, together accounting for 41% of total exports. These countries were followed by France and the UK, which together accounted for a further 8.4%.
From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +111.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for wine exported from Egypt were Japan ($X), France ($X) and Bahrain ($X), together accounting for 47% of total exports. Jordan and the UK lagged somewhat behind, together accounting for a further 2.9%.
The UK, with a CAGR of +131.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the average wine export price amounted to $X per litre, falling by -33% against the previous year. Overall, the export price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2019 an increase of 223%. The export price peaked at $X per litre in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per litre), while the average price for exports to Jordan ($X per litre) was 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 (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Wine Imports
Imports into Egypt
In 2022, overseas purchases of wine and grape must decreased by -99.2% to X litres, falling for the third consecutive year after three years of growth. Over the period under review, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 1,055%. Over the period under review, imports reached the maximum at X litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, wine imports shrank significantly to $X in 2022. Overall, imports faced a sharp contraction. The pace of growth was the most pronounced in 2018 with an increase of 1,937%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Hungary (X litres) constituted the largest supplier of wine to Egypt, with a 37% share of total imports. Moreover, wine imports from Hungary exceeded the figures recorded by the second-largest supplier, Italy (X litres), fourfold.
From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary totaled +57.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-20.6% per year) and France (-31.8% per year).
In value terms, Hungary ($X) constituted the largest supplier of wine and grape must to Egypt, comprising 32% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Hungary amounted to +71.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-11.4% per year) and France (-32.0% per year).
Import Prices by Country
The average wine import price stood at $X per litre in 2022, falling by -41.7% against the previous year. Over the period under review, the import price, however, saw slight growth. The pace of growth appeared the most rapid in 2013 an increase of 84% against the previous year. The import price peaked at $X per litre in 2021, and then declined remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per litre), while the price for Hungary ($X per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
| Base Year | Historical Period | Forecast Period | Units |
|---|---|---|---|
| 2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wine 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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