Egypt: Candied Fruit Market 2024

Candied Fruit Market Size in Egypt

After two years of growth, the Egyptian candied fruit market decreased by -4% to $X in 2021. In general, consumption posted a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted in the following year.

Candied Fruit Production in Egypt

In value terms, candied fruit production contracted to $X in 2021 estimated in export price. In general, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 65%. Candied fruit production peaked at $X in 2020, and then reduced in the following year.

Candied Fruit Exports

Exports from Egypt

In 2021, approx. X tons of candied fruits were exported from Egypt; falling by -8.5% on the previous year. Overall, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 492% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, candied fruit exports soared to $X in 2021. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2017 when exports increased by 226%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons), Slovakia (X tons) and Germany (X tons) were the main destinations of candied fruit exports from Egypt, together comprising 75% of total exports. These countries were followed by Belgium, Slovenia, the United States and Ireland, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +40.9%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Slovakia ($X) and Germany ($X) were the largest markets for candied fruit exported from Egypt worldwide, with a combined 77% share of total exports.

The Czech Republic, with a CAGR of +51.3%, saw the highest growth rate of the value of exports, among 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

In 2021, the average candied fruit export price amounted to $X per ton, jumping by 33% against the previous year. Overall, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of 361%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Slovenia ($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 Ireland (+64.4%), while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Imports

Imports into Egypt

In 2021, the amount of candied fruits imported into Egypt soared to X tons, growing by 84% on 2020 figures. Overall, imports, however, continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2014 with an increase of 286%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, candied fruit imports surged to $X in 2021. Over the period under review, imports saw resilient growth. The growth pace was the most rapid in 2014 with an increase of 297% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of candied fruit to Egypt, accounting for a 62% share of total imports. Moreover, candied fruit imports from Spain exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-14.5% per year) and Italy (+69.5% per year).

In value terms, Spain ($X) constituted the largest supplier of candied fruit to Egypt, comprising 62% of total imports. The second position in the ranking was taken by Thailand ($X), with a 26% share of total imports. It was followed by Italy, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+2.6% per year) and Italy (+66.1% per year).

Import Prices by Country

The average candied fruit import price stood at $X per ton in 2021, surging by 8.2% against the previous year. In general, the import price enjoyed a strong increase. The growth pace was the most rapid in 2017 when the average import price increased by 47%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Italy ($X per ton) and China ($X per ton), while the price for Spain ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+421.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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