Egypt: Market for Dried Or Smoked Fish 2025

Market Size for Dried Or Smoked Fish in Egypt

In 2021, the Egyptian dried or smoked fish market decreased by -1.9% to $X, falling for the third year in a row after four years of growth. Overall, the total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -25.5% against 2018 indices. Dried or smoked fish consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Dried Or Smoked Fish in Egypt

In value terms, dried or smoked fish production reduced to $X in 2021 estimated in export price. Overall, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +95.4% against 2014 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 46% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then declined slightly in the following year.

Exports of Dried Or Smoked Fish

Exports from Egypt

Dried or smoked fish exports from Egypt reached X tons in 2021, remaining stable against the year before. In general, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by 111%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, dried or smoked fish exports rose markedly to $X in 2021. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 146% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for dried or smoked fish exports from Egypt, with a 63% share of total exports. Moreover, dried or smoked fish exports to the United Arab Emirates exceeded the volume sent to the second major destination, Kuwait (X tons), fivefold. Oman (X tons) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (-2.9% per year) and Oman (-5.8% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for dried or smoked fish exports from Egypt, comprising 54% of total exports. The second position in the ranking was taken by Oman ($X), with a 13% share of total exports. It was followed by Kuwait, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates totaled +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+9.2% per year) and Kuwait (+12.7% per year).

Export Prices by Country

The average dried or smoked fish export price stood at $X per ton in 2021, growing by 7.9% against the previous year. Over the period under review, the export price posted prominent growth. The growth pace was the most rapid in 2020 an increase of 71% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Oman ($X per ton), while the average price for exports to Jordan ($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 Jordan (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Or Smoked Fish

Imports into Egypt

In 2021, overseas purchases of dried or smoked fish decreased by -12% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 606%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, dried or smoked fish imports surged to $X in 2021. Over the period under review, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2015 when imports increased by 113% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Norway (X tons) constituted the largest dried or smoked fish supplier to Egypt, with a 62% share of total imports. Moreover, dried or smoked fish imports from Norway exceeded the figures recorded by the second-largest supplier, Chile (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 7.4% share.

From 2012 to 2021, the average annual growth rate of volume from Norway amounted to +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+1,297.5% per year) and the UK (+1.6% per year).

In value terms, Norway ($X) constituted the largest supplier of dried or smoked fish to Egypt, comprising 65% of total imports. The second position in the ranking was taken by Chile ($X), with a 24% share of total imports. It was followed by the UK, with an 8% share.

From 2012 to 2021, the average annual growth rate of value from Norway totaled +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+919.4% per year) and the UK (+6.4% per year).

Import Prices by Country

The average dried or smoked fish import price stood at $X per ton in 2021, rising by 70% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 225%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were the UK ($X per ton) and Germany ($X per ton), while the price for Chile ($X per ton) and Norway ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+40.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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