Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt - 2024
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt (CIF) - 2022
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt (FOB) - 2022
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt (CIF) - 2022
In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $4,546 per ton, growing by 19% against the previous year. In general, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2014 an increase of 31%. Over the period under review, average import prices attained the peak figure at $6,689 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 highest price was recorded for prices from New Zealand ($4,546 per ton) and Germany ($4,546 per ton), while the price for Singapore ($4,546 per ton) and the UK ($4,546 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt (FOB) - 2022
In 2022, the average export price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $4,850 per ton, which is down by -4.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,605 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 Cote d'Ivoire ($4,850 per ton) and Ghana ($4,850 per ton), while the average price for exports to Zambia ($4,850 per ton) and Syrian Arab Republic ($4,850 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 Chad (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt
Imports of powdered sweetened milk and cream of fat weight content over 1.5% into Egypt surged to 3.4K tons in 2022, rising by 346% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% soared to $16M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 913 | 674 | 603 | 4,781 | 73.7% |
Singapore | N/A | 154 | 380 | 990 | 153.5% |
Germany | N/A | N/A | N/A | 757 | 0% |
United Kingdom | N/A | 317 | N/A | 664 | 44.7% |
France | N/A | 139 | N/A | 589 | 105.8% |
Saudi Arabia | N/A | N/A | 360 | 0.1 | -100.0% |
Netherlands | 59.7 | 171 | 0.1 | N/A | -95.9% |
Others | 1,024 | 1,934 | 1,600 | 7,781 | 96.6% |
Total | 1,997 | 3,389 | 2,944 | 15,562 | 98.3% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Egypt in 2022:
- New Zealand (1051.7 tons)
- Singapore (217.8 tons)
- Germany (166.6 tons)
- United Kingdom (146.1 tons)
- France (129.5 tons)
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt
In 2022, overseas shipments of powdered sweetened milk and cream of fat weight content over 1.5% decreased by -35.9% to 3.2K tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 56%. As a result, the exports attained the peak of 7.9K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% shrank sharply to $16M in 2022. Over the period under review, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 3%. As a result, the exports reached the peak of $39M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 4,257 | 6,462 | 4,164 | 2,404 | -17.3% |
Mauritania | 2,263 | 664 | 452 | 743 | -31.0% |
Syrian Arab Republic | 1,614 | 727 | 883 | 501 | -32.3% |
Lebanon | N/A | 571 | 1,787 | 487 | -7.6% |
Cote d'Ivoire | 83.2 | N/A | 61.0 | 485 | 80.0% |
Venezuela | 102 | 216 | 311 | 332 | 48.2% |
Iraq | 2,370 | 2,978 | 1,198 | 330 | -48.2% |
Nigeria | 206 | 267 | 66.6 | 309 | 14.5% |
Zambia | 4.6 | 174 | 202 | 306 | 305.2% |
Malawi | 306 | 543 | 315 | 274 | -3.6% |
Libya | 185 | N/A | N/A | 201 | 2.8% |
Chad | 32.9 | 132 | 66.2 | 164 | 70.8% |
Ghana | N/A | N/A | N/A | 139 | 0% |
Others | 26,874 | 26,723 | 15,958 | 8,882 | -30.9% |
Total | 38,298 | 39,458 | 25,465 | 15,558 | -25.9% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Egypt in 2022:
- Saudi Arabia (495.7 tons)
- Mauritania (153.3 tons)
- Syrian Arab Republic (103.3 tons)
- Lebanon (100.4 tons)
- Cote d'Ivoire (100.0 tons)
- Venezuela (68.5 tons)
- Iraq (68.0 tons)
- Nigeria (63.8 tons)
- Zambia (63.1 tons)
- Malawi (56.6 tons)
- Libya (41.4 tons)
- Chad (33.7 tons)
- Ghana (28.8 tons)
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