Price for Flour, Meal, and Flakes of Potatoes in Egypt - 2023

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Egypt (FOB) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Egypt (CIF) - 2022
3. Exports of Flour, Meal, and Flakes of Potatoes in Egypt
4. Imports of Flour, Meal, and Flakes of Potatoes in Egypt

Price for Flour, Meal, and Flakes of Potatoes in Egypt (FOB) - 2022

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $1,425 per ton, with an increase of 8.2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 16%. The export price peaked at $1,541 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($1,424 per ton) and Saudi Arabia ($1,424 per ton), while the average price for exports to Uruguay ($1,424 per ton) and Algeria ($1,424 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 the United States (+7.7%), while the prices for the other major destinations experienced a decline.

Price for Flour, Meal, and Flakes of Potatoes in Egypt (CIF) - 2022

The average import price for flour, meal, and flakes of potatoeses stood at $1,555 per ton in 2022, increasing by 9.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 3,025% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,555 per ton), while the price for Germany amounted to $1,555 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.7%).

Exports of Flour, Meal, and Flakes of Potatoes in Egypt

In 2022, exports of flour, meal, and flakes of potatoeses from Egypt expanded notably to 725 tons, growing by 8.6% against 2021. In general, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 278% against the previous year.

In value terms, exports of flour, meal, and flakes of potatoeses skyrocketed to $1M in 2022. Overall, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 283%.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Egypt in 2022:

1. Algeria (319.9 tons)
2. Uruguay (280.5 tons)
3. Saudi Arabia (61.6 tons)
4. United States (53.9 tons)

Imports of Flour, Meal, and Flakes of Potatoes in Egypt

Imports of flour, meal, and flakes of potatoeses into Egypt shrank markedly to 381 tons in 2022, which is down by -59.1% against the year before. In general, imports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year.

In value terms, imports of flour, meal, and flakes of potatoeses dropped significantly to $592K in 2022. Over the period under review, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 9%.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Egypt in 2022:

1. Germany (329.6 tons)
2. Belgium (46.0 tons)

Source: IndexBox Market Intelligence Platform