Non-Liquid Margarine Price in Egypt - 2023

Contents:

1. Non-Liquid Margarine Price in Egypt (FOB) - 2022
2. Non-Liquid Margarine Price in Egypt (CIF) - 2022
3. Non-Liquid Margarine Exports in Egypt
4. Non-Liquid Margarine Imports in Egypt

Non-Liquid Margarine Price in Egypt (FOB) - 2022

The average non-liquid margarine export price stood at $1,959 per ton in 2022, surging by 21% against the previous year. In general, the export price recorded slight growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 63%. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bulgaria ($1,959 per ton) and Lebanon ($1,959 per ton), while the average price for exports to Sudan ($1,959 per ton) and Morocco ($1,959 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 Libya (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Liquid Margarine Price in Egypt (CIF) - 2022

In 2022, the average non-liquid margarine import price amounted to $1,906 per ton, rising by 25% against the previous year. Over the period under review, the import price showed a slight expansion. The pace of growth was the most pronounced in 2019 an increase of 73%. As a result, import price reached the peak level of $2,419 per ton. From 2020 to 2022, the average 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 Cyprus ($1,907 per ton) and the Netherlands ($1,906 per ton), while the price for Tunisia ($1,906 per ton) and Turkey ($1,906 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Liquid Margarine Exports in Egypt

For the fourth consecutive year, Egypt recorded growth in shipments abroad of non-liquid margarine, which increased by 21% to 24K tons in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 171%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, non-liquid margarine exports skyrocketed to $46M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 229% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Non-Liquid Margarine from Egypt in 2022:

1. Bulgaria (7.0K tons)
2. Morocco (4.1K tons)
3. Sudan (3.0K tons)
4. Palestine (2.8K tons)
5. Lebanon (1.9K tons)
6. Saudi Arabia (1.4K tons)
7. Jordan (1.3K tons)
8. Libya (1.2K tons)

Non-Liquid Margarine Imports in Egypt

After two years of decline, purchases abroad of non-liquid margarine increased by 90% to 438 tons in 2022. In general, imports, however, showed a dramatic decrease.

In value terms, non-liquid margarine imports soared to $834K in 2022. Over the period under review, imports, however, faced a dramatic shrinkage.

Top Suppliers of Non-Liquid Margarine to Egypt in 2022:

1. Brazil (170.2 tons)
2. Tunisia (104.2 tons)
3. Netherlands (74.6 tons)
4. Turkey (40.2 tons)
5. Indonesia (27.3 tons)
6. Cyprus (10.7 tons)
7. Denmark (10.1 tons)

Source: IndexBox Market Intelligence Platform