Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt - 2023
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt (CIF) - 2022
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt (FOB) - 2022
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt (CIF) - 2022
In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $7,758 per ton, with an increase of 14% against the previous year. Overall, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 75%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to +79.6% per year.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt (FOB) - 2022
The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $8,477 per ton in 2022, reducing by -3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices reached the maximum at $9,595 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($44,554 per ton), while the average price for exports to Bangladesh ($428 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt
After three years of growth, purchases abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -99.6% to 33 kg in 2022. In general, imports continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 59%. As a result, imports reached the peak of 7.5 tons, and then fell markedly in the following year.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 shrank significantly to $256 in 2022. Overall, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 116% against the previous year.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Germany | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Syrian Arab Republic | 0.7 | 1.0 | 1.0 | N/A | 19.5% |
| France | 7.5 | 11.7 | 13.1 | N/A | 32.2% |
| Lebanon | 2.8 | 5.2 | 6.8 | N/A | 55.8% |
| Poland | 1.4 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 2.5 | 14.7 | 27.9 | N/A | 234.1% |
| Turkey | N/A | N/A | 1.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.3 | 33.1 | 50.8 | 0.3 | -73.0% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Egypt in 2022:
- Thailand (33.0 kg)
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt
For the fourth year in a row, Egypt recorded growth in shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8, which increased by 0.3% to 5.3 tons in 2022. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 reduced to $45K in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 6.3%.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.4 | 12.3 | 14.4 | 21.2 | 23.0% |
| United States | 16.4 | 21.5 | 23.0 | 18.2 | 3.5% |
| Mauritius | 2.2 | 1.8 | 1.5 | 1.1 | -20.6% |
| Thailand | 0.9 | 1.1 | 1.3 | 0.9 | 0.0% |
| Netherlands | 1.2 | 1.0 | 0.9 | 0.7 | -16.4% |
| Indonesia | 2.7 | 1.6 | 1.1 | 0.6 | -39.4% |
| Bangladesh | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Malaysia | 0.5 | 0.2 | 0.1 | 0.1 | -41.5% |
| Italy | 0.5 | 0.2 | 0.1 | N/A | -55.3% |
| Others | 4.6 | 3.3 | 3.3 | 1.7 | -28.2% |
| Total | 40.6 | 43.2 | 45.8 | 44.5 | 3.1% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Egypt in 2022:
- Thailand (1280.0 kg)
- Mauritius (1183.0 kg)
- Netherlands (1066.0 kg)
- United Kingdom (497.0 kg)
- United States (408.0 kg)
- Indonesia (292.0 kg)
- Bangladesh (138.0 kg)
- Malaysia (129.0 kg)
- Italy (27.0 kg)
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