Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt - 2023

Contents:

  1. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt (CIF) - 2022
  2. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt (FOB) - 2022
  3. Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt
  4. Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt (CIF) - 2022

In 2022, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $8,393 per ton, remaining stable against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 51% against the previous year. The import price peaked at $8,573 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to -0.2% per year.

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt (FOB) - 2022

In 2022, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $7,887 per ton, picking up by 29% against the previous year. Over the period under review, the export price showed strong growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 62%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +18.1% per year.

Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt

Imports of cheese, blue-veined (not grated, powdered or processed) into Egypt reduced dramatically to 433 tons in 2022, which is down by -45.5% compared with 2021 figures. Over the period under review, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) fell sharply to $3.6M in 2022. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of $6.7M, and then dropped markedly in the following year.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark4.84.95.73.6-9.1%
Germany0.20.10.2N/A0.0%
OthersN/AN/A0.8N/A0%
Total5.05.16.73.6-10.4%

Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Egypt in 2022:

  1. Denmark (433.1 tons)

Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt

In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) exported from Egypt dropped to 91 tons, which is down by -13.5% against 2021 figures. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 531%. As a result, the exports attained the peak of 106 tons, and then dropped in the following year.

In value terms, exports of cheese, blue-veined (not grated, powdered or processed) rose notably to $721K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 919%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia36.835.0427721169.6%
Jordan20.21.817.5N/A-6.9%
Lebanon25.57.954.1N/A45.7%
United Arab Emirates3.12.619.2N/A148.9%
Libya32.612.3103N/A77.8%
Yemen4.41.26.9N/A25.2%
Others6.92.415.8N/A51.3%
Total12963.264472177.5%

Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Egypt in 2022:

  1. Saudi Arabia (91.4 tons)

Source: IndexBox Market Intelligence Platform

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