Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Egypt - 2023
Contents:
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Egypt (FOB) - 2022
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Egypt (CIF) - 2022
- Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Egypt
- Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Egypt
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Egypt (FOB) - 2022
In 2022, the average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $2,210 per ton, reducing by -7.5% against the previous year. In general, the export price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2020 an increase of 65% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,388 per ton in 2021, and then shrank in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($2,210 per ton) and Palestine ($2,210 per ton), while the average price for exports to Italy ($2,210 per ton) and Jordan ($2,210 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 Belarus (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Egypt (CIF) - 2022
In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,959 per ton, picking up by 9.3% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 765% against the previous year. The import price peaked at $6,243 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($1,959 per ton), while the price for Spain amounted to $1,959 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (+3.6%), while the prices for the other major suppliers experienced a decline.
Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Egypt
In 2022, shipments abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia was finally on the rise to reach 4.3K tons after two years of decline. Over the period under review, exports, however, saw a dramatic shrinkage.
In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia fell modestly to $9.5M in 2022. In general, exports, however, faced a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 6.9% against the previous year.
| Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | 470 | 896 | 1,123 | 3,559 | 96.4% |
| Spain | 1,280 | 532 | 203 | 1,693 | 9.8% |
| Jordan | 3,344 | 2,370 | 695 | 1,680 | -20.5% |
| Brazil | 602 | 612 | 465 | 989 | 18.0% |
| Iraq | 98.8 | 144 | 111 | 373 | 55.7% |
| Russia | 9.1 | 71.8 | 181 | 351 | 237.9% |
| Italy | 900 | 105 | 265 | 274 | -32.7% |
| Israel | 1,498 | 318 | 109 | 197 | -49.1% |
| Libya | 675 | 108 | 145 | 72.9 | -52.4% |
| United Arab Emirates | 179 | 142 | 28.7 | 5.8 | -68.1% |
| Kuwait | 494 | 85.3 | 10.0 | N/A | -85.8% |
| Armenia | 807 | 198 | 260 | N/A | -43.2% |
| Belarus | 731 | 488 | 1,283 | N/A | 32.5% |
| Others | 2,443 | 3,092 | 4,922 | 271 | -52.0% |
| Total | 13,531 | 9,163 | 9,799 | 9,467 | -11.2% |
Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Egypt in 2022:
- Palestine (1610.8 tons)
- Spain (766.2 tons)
- Jordan (760.2 tons)
- Brazil (447.8 tons)
- Iraq (168.8 tons)
- Russia (159.0 tons)
- Italy (123.9 tons)
- Israel (89.2 tons)
- Libya (33.0 tons)
- United Arab Emirates (2.6 tons)
Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Egypt
In 2022, approx. 176 tons of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia were imported into Egypt; with an increase of 2,170% on the previous year's figure. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 77,270%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia skyrocketed to $344K in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 98,971%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.4 | N/A | 3.7 | 241 | 313.9% |
| Turkey | N/A | N/A | 1.4 | 103 | 7257.1% |
| Armenia | 27.2 | N/A | 4.8 | N/A | -58.0% |
| Italy | 6.7 | N/A | 1.6 | N/A | -51.1% |
| Others | 12.1 | N/A | 2.4 | N/A | -55.5% |
| Total | 49.3 | N/A | 13.9 | 344 | 91.1% |
Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Egypt in 2022:
- Spain (123.1 tons)
- Turkey (52.5 tons)
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