Report Update Nov 1, 2024

Egypt - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Egypt: Market for Fish Fats And Oils 2024

Market Size for Fish Fats And Oils in Egypt

The Egyptian fish fat and oil market rose markedly to $X in 2022, picking up by 9.3% against the previous year. In general, consumption showed a strong increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Fish Fats And Oils in Egypt

In value terms, fish fat and oil production stood at $X in 2022 estimated in export price. Overall, production showed buoyant growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 62% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Fish Fats And Oils

Exports from Egypt

In 2022, approx. X tons of fish fats and oils were exported from Egypt; growing by 15% compared with 2021 figures. In general, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2013 when exports increased by 543% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, fish fat and oil exports reached $X in 2022. Overall, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2013 when exports increased by 175% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Jordan (X tons) was the main destination for fish fat and oil exports from Egypt, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Jordan was relatively modest.

In value terms, Jordan ($X) also remains the key foreign market for fish fats and oils exports from Egypt.

From 2012 to 2022, the average annual rate of growth in terms of value to Jordan totaled -17.8%.

Export Prices by Country

In 2022, the average fish fat and oil export price amounted to $X per ton, with a decrease of -12.6% against the previous year. Overall, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 80%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Jordan.

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +181.1% per year.

Imports of Fish Fats And Oils

Imports into Egypt

In 2022, purchases abroad of fish fats and oils decreased by -4.5% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 208%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, fish fat and oil imports stood at $X in 2022. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by 212%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Iceland (X tons) constituted the largest fish fat and oil supplier to Egypt, with a 58% share of total imports. Moreover, fish fat and oil imports from Iceland exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Yemen (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Iceland amounted to +30.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+54.9% per year) and Yemen (+13.0% per year).

In value terms, Iceland ($X) constituted the largest supplier of fish fats and oils to Egypt, comprising 47% of total imports. The second position in the ranking was taken by Yemen ($X), with a 20% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Iceland amounted to +26.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Yemen (+34.7% per year) and China (+27.8% per year).

Import Prices by Country

In 2022, the average fish fat and oil import price amounted to $X per ton, picking up by 5.2% against the previous year. Over the period under review, the import price posted a perceptible increase. The growth pace was the most rapid in 2016 when the average import price increased by 51% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fats and oils in the world?

The country with the largest volume of fish fat and oil consumption was Norway, comprising approx. 60% of total volume. Moreover, fish fat and oil consumption in Norway exceeded the figures recorded by the second-largest consumer, China, more than tenfold. The United States ranked third in terms of total consumption with a 3.4% share.

What are the largest producers of fish fats and oils in the world?

The country with the largest volume of fish fat and oil production was Norway, comprising approx. 60% of total volume. Moreover, fish fat and oil production in Norway exceeded the figures recorded by the second-largest producer, China, more than tenfold. The United States ranked third in terms of total production with a 3.6% share.

What are the leading suppliers of fish fats and oils to Egypt?

In value terms, Iceland, Spain and Yemen constituted the largest fish fat and oil suppliers to Egypt, with a combined 79% share of total imports.

What are the leading importers of fish fats and oils from Egypt?

In value terms, Jordan remains the key foreign market for fish fat and oil exports from Egypt, comprising 71% of total exports. The second position in the ranking was occupied by Austria, with a 21% share of total exports.

What is the average export price for fish fats and oils in Egypt?

In 2021, the average fish fat and oil export price amounted to $4,469 per ton, falling by -18.1% against the previous year.

What is the average import price for fish fats and oils in Egypt?

The average fish fat and oil import price stood at $5,641 per ton in 2021, growing by 107% against the previous year.

This report provides an in-depth analysis of the market for fish fat and oil in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023