Egypt: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in Egypt

In 2021, the Egyptian concentrated orange juice market decreased by -0.3% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption posted resilient growth. Concentrated orange juice consumption peaked at $X in 2020, and then dropped in the following year.

Concentrated Orange Juice Production in Egypt

In value terms, concentrated orange juice production contracted to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 36%. Concentrated orange juice production peaked at $X in 2020, and then dropped in the following year.

Concentrated Orange Juice Exports

Exports from Egypt

After two years of decline, shipments abroad of concentrated orange juice increased by 38% to X tons in 2021. In general, exports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 172% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, concentrated orange juice exports surged to $X in 2021. Overall, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of 166%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Germany (X tons) and Saudi Arabia (X tons) were the main destinations of concentrated orange juice exports from Egypt, together comprising 59% of total exports. Libya, Oman, India, Tunisia, Greece and Russia lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +67.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concentrated orange juice exported from Egypt were Germany ($X), Saudi Arabia ($X) and the Netherlands ($X), together comprising 56% of total exports. Libya, India, Tunisia, Oman, Greece and Russia lagged somewhat behind, together comprising a further 25%.

Oman, with a CAGR of +61.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average concentrated orange juice export price stood at $X per ton in 2021, rising by 14% against the previous year. In general, the export price posted a temperate expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 66%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Orange Juice Imports

Imports into Egypt

In 2021, supplies from abroad of concentrated orange juice increased by 167% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports posted a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 195% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, concentrated orange juice imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 194% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest concentrated orange juice supplier to Egypt, accounting for a 88% share of total imports. Moreover, concentrated orange juice imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Denmark (X tons), more than tenfold. Spain (X tons) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia totaled +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+99.4% per year) and Spain (+11.2% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of concentrated orange juice to Egypt, comprising 88% of total imports. The second position in the ranking was taken by Denmark ($X), with a 4.3% share of total imports. It was followed by Spain, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia stood at +28.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+94.2% per year) and Spain (+8.3% per year).

Import Prices by Country

In 2021, the average concentrated orange juice import price amounted to $X per ton, growing by 8.6% against the previous year. In general, the import price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2017 an increase of 188% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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