Price for Vegetables; Seed Potatoes, Fresh or Chilled in Egypt - 2023
Contents:
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Egypt (CIF) - 2022
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in Egypt (FOB) - 2022
- Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Egypt
- Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Egypt
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Egypt (CIF) - 2022
In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $657 per ton, stabilizing at the previous year. Overall, the import price showed a mild setback. The pace of growth was the most pronounced in 2017 an increase of 5.5% against the previous year. The import price peaked at $773 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($657 per ton) and Denmark ($657 per ton), while the price for France ($657 per ton) and the UK ($657 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-1.6%), while the prices for the other major suppliers experienced a decline.
Price for Vegetables; Seed Potatoes, Fresh or Chilled in Egypt (FOB) - 2022
In 2022, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $628 per ton, shrinking by -1.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 49%. Over the period under review, the average export prices hit record highs at $679 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Oman ($628 per ton) and the United Arab Emirates ($628 per ton), while the average price for exports to Germany ($625 per ton) and Denmark ($628 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 Syrian Arab Republic (+6.9%), while the prices for the other major destinations experienced a decline.
Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Egypt
Imports of vegetables; seed potatoes, fresh or chilleds into Egypt skyrocketed to 222K tons in 2022, surging by 51% on the year before. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables; seed potatoes, fresh or chilleds soared to $146M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetables; Seed Potatoes, Fresh or Chilled in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 37.6 | 27.1 | 29.3 | 60.9 | 17.4% |
| Netherlands | 26.9 | 23.8 | 35.8 | 46.1 | 19.7% |
| France | 18.4 | 13.0 | 16.4 | 14.9 | -6.8% |
| Denmark | 12.1 | 4.6 | 6.5 | 8.8 | -10.1% |
| Germany | 2.9 | 2.7 | 3.0 | 7.2 | 35.4% |
| Belgium | 1.9 | 2.3 | 2.1 | 3.1 | 17.7% |
| China | 1.8 | 1.5 | 1.4 | 1.8 | 0.0% |
| Others | 1.4 | 1.5 | 1.7 | 2.8 | 26.0% |
| Total | 103 | 76.3 | 96.2 | 146 | 12.3% |
Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Egypt in 2022:
- United Kingdom (92.7K tons)
- Netherlands (70.1K tons)
- France (22.8K tons)
- Denmark (13.4K tons)
- Germany (11.0K tons)
- Belgium (4.8K tons)
- China (2.7K tons)
Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Egypt
For the third consecutive year, Egypt recorded decline in overseas shipments of vegetables; seed potatoes, fresh or chilleds, which decreased by -10% to 7.4K tons in 2022. Overall, exports faced a sharp reduction. The smallest decline of -8.5% was in 2021.
In value terms, exports of vegetables; seed potatoes, fresh or chilleds declined to $4.6M in 2022. In general, exports continue to indicate a abrupt shrinkage. The smallest decline of -8.6% was in 2021.
| Export of Vegetables; Seed Potatoes, Fresh or Chilled in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3,422 | 2,155 | 1,545 | 1,692 | -20.9% |
| United Arab Emirates | 150 | 245 | 435 | 1,175 | 98.6% |
| Oman | 47.6 | 77.0 | 169 | 453 | 111.9% |
| Jordan | 120 | 26.1 | 57.2 | 284 | 33.3% |
| Iraq | 144 | 942 | 119 | 252 | 20.5% |
| Greece | 234 | 13.3 | 56.4 | 200 | -5.1% |
| Denmark | N/A | N/A | N/A | 121 | 0% |
| Lebanon | 435 | N/A | 60.4 | 79.1 | -43.3% |
| Italy | 544 | 472 | 68.4 | 27.9 | -62.8% |
| Saudi Arabia | N/A | 721 | N/A | 24.3 | -81.6% |
| Germany | 699 | N/A | N/A | N/A | 0% |
| Others | 872 | 1,089 | 2,736 | 329 | -27.7% |
| Total | 6,667 | 5,742 | 5,246 | 4,638 | -11.4% |
Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Egypt in 2022:
- Russia (2694.6 tons)
- United Arab Emirates (1870.4 tons)
- Oman (722.0 tons)
- Jordan (451.9 tons)
- Iraq (401.5 tons)
- Greece (318.5 tons)
- Denmark (193.0 tons)
- Lebanon (125.9 tons)
- Italy (44.3 tons)
- Saudi Arabia (38.7 tons)
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