Price for Cheese of All Kinds, Grated or Powdered in Egypt - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Egypt (CIF) - 2022
- Price for Cheese of All Kinds, Grated or Powdered in Egypt (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Egypt
- Exports of Cheese of All Kinds, Grated or Powdered in Egypt
Price for Cheese of All Kinds, Grated or Powdered in Egypt (CIF) - 2022
The average import price for cheese of all kinds, grated or powdered stood at $6,117 per ton in 2022, picking up by 7.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 26% against the previous year. Over the period under review, average import prices hit record highs at $6,182 per ton in 2012; however, from 2013 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 Denmark ($6,117 per ton) and the Netherlands ($6,117 per ton), while the price for New Zealand ($6,116 per ton) and Saudi Arabia ($6,117 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.2%), while the prices for the other major suppliers experienced a decline.
Price for Cheese of All Kinds, Grated or Powdered in Egypt (FOB) - 2022
The average export price for cheese of all kinds, grated or powdered stood at $6,126 per ton in 2022, surging by 5.9% against the previous year. Overall, the export price recorded measured growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Ghana ($6,126 per ton) and Jordan ($6,126 per ton), while the average price for exports to the United Arab Emirates ($6,126 per ton) and Kuwait ($6,126 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 Iraq (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese of All Kinds, Grated or Powdered in Egypt
In 2022, the amount of cheese of all kinds, grated or powdered imported into Egypt shrank sharply to 735 tons, dropping by -29.8% against 2021. In general, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year.
In value terms, imports of cheese of all kinds, grated or powdered dropped markedly to $4.5M in 2022. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of $5.9M, and then dropped significantly in the following year.
| Import of Cheese of All Kinds, Grated or Powdered in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1.2 | 1.1 | 1.8 | 2.4 | 26.0% |
| Netherlands | N/A | N/A | 0.1 | 0.7 | 600.0% |
| France | N/A | 0.1 | 0.2 | 0.7 | 164.6% |
| Saudi Arabia | N/A | N/A | 0.3 | 0.6 | 100.0% |
| New Zealand | 3.8 | 3.1 | 3.3 | 0.1 | -70.3% |
| United States | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Total | 5.3 | 4.5 | 5.9 | 4.5 | -5.3% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Egypt in 2022:
- Denmark (387.9 tons)
- France (118.9 tons)
- Netherlands (118.6 tons)
- Saudi Arabia (92.1 tons)
- New Zealand (14.1 tons)
Exports of Cheese of All Kinds, Grated or Powdered in Egypt
In 2022, exports of cheese of all kinds, grated or powdered from Egypt dropped markedly to 352 tons, with a decrease of -48.7% compared with the previous year's figure. Over the period under review, exports faced a dramatic shrinkage. The smallest decline of -21.4% was in 2021.
In value terms, exports of cheese of all kinds, grated or powdered shrank rapidly to $2.2M in 2022. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 13%. As a result, the exports reached the peak of $4.2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cheese of All Kinds, Grated or Powdered in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 309 | 1,120 | 1,491 | 582 | 23.5% |
| Lebanon | 81.0 | 1,139 | 791 | 573 | 92.0% |
| Libya | 1,425 | 309 | 248 | 470 | -30.9% |
| Kuwait | 459 | 348 | 140 | 132 | -34.0% |
| Saudi Arabia | 636 | 312 | 198 | 82.6 | -49.4% |
| Iraq | 122 | N/A | N/A | 81.5 | -12.6% |
| Ghana | N/A | N/A | N/A | 71.8 | 0% |
| Palestine | 134 | 554 | 397 | 45.9 | -30.0% |
| United Arab Emirates | 256 | 33.5 | N/A | 31.7 | -50.2% |
| Yemen | 233 | 271 | N/A | N/A | 16.3% |
| Others | 92.6 | 130 | 712 | 88.5 | -1.5% |
| Total | 3,747 | 4,217 | 3,978 | 2,158 | -16.8% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Egypt in 2022:
- Jordan (95.0 tons)
- Lebanon (93.5 tons)
- Libya (76.7 tons)
- Kuwait (21.5 tons)
- Saudi Arabia (13.5 tons)
- Iraq (13.3 tons)
- Ghana (11.7 tons)
- Palestine (7.5 tons)
- United Arab Emirates (5.2 tons)
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