Egypt: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Egypt

The Egyptian buttermilk and buttermilk powder market declined to $X in 2022, waning by -10.7% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Buttermilk And Buttermilk Powder in Egypt

In value terms, buttermilk and buttermilk powder production contracted to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 45% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Buttermilk And Buttermilk Powder

Exports from Egypt

For the fifth year in a row, Egypt recorded growth in shipments abroad of buttermilk and buttermilk powder, which increased by 588% to X tons in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,124% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, buttermilk and buttermilk powder exports soared to $X in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 3,245% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Jordan (X tons) was the main destination for buttermilk and buttermilk powder exports from Egypt, with a 58% share of total exports. Moreover, buttermilk and buttermilk powder exports to Jordan exceeded the volume sent to the second major destination, Palestine (X tons), threefold. The third position in this ranking was taken by Mauritania (X tons), with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Jordan totaled +123.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+8,928.8% per year) and Mauritania (0.0% per year).

In value terms, Jordan ($X) remains the key foreign market for buttermilk and buttermilk powder exports from Egypt, comprising 58% of total exports. The second position in the ranking was taken by Palestine ($X), with a 19% share of total exports. It was followed by Mauritania, with an 18% share.

From 2012 to 2022, the average annual growth rate of value to Jordan stood at +149.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+9,464.4% per year) and Mauritania (0.0% per year).

Export Prices by Country

The average buttermilk and buttermilk powder export price stood at $X per ton in 2022, surging by 9.7% against the previous year. Over the period under review, the export price saw slight growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Jordan ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Mauritania ($X per ton) and Kuwait ($X 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 Saudi Arabia (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buttermilk And Buttermilk Powder

Imports into Egypt

In 2022, overseas purchases of buttermilk and buttermilk powder decreased by -73.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 977%. Imports peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, buttermilk and buttermilk powder imports fell significantly to $X in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 579% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest buttermilk and buttermilk powder supplier to Egypt, accounting for a 63% share of total imports. Moreover, buttermilk and buttermilk powder imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. The third position in this ranking was held by Uruguay (X tons), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +107.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+59.1% per year) and Uruguay (0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of buttermilk and buttermilk powder to Egypt, comprising 63% of total imports. The second position in the ranking was taken by the UK ($X), with a 27% share of total imports. It was followed by Uruguay, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +84.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+62.9% per year) and Uruguay (0.0% per year).

Import Prices by Country

In 2022, the average buttermilk and buttermilk powder import price amounted to $X per ton, with an increase of 6.3% against the previous year. Overall, the import price, however, continues to indicate a slight slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($X per ton) and the UK ($X per ton), while the price for France ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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