Egypt: Frozen Fruit Market 2022

Frozen Fruit Market Size in Egypt

The Egyptian frozen fruit market skyrocketed to $X in 2021, jumping by X% against the previous year. Over the period under review, consumption, however, recorded a pronounced contraction. Frozen fruit consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Frozen Fruit Production in Egypt

In value terms, frozen fruit production rose rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a sharp shrinkage. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Frozen Fruit Exports

Exports from Egypt

In 2021, overseas shipments of frozen fruits decreased by -X% to X tons for the first time since 2014, thus ending a six-year rising trend. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at X tons in 2020, and then fell in the following year.

In value terms, frozen fruit exports surged to $X in 2021. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the near future.

Exports by Country

Russia (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of frozen fruit exports from Egypt, together accounting for X% of total exports. China, Poland, the United States, Saudi Arabia, the UK, Japan, Belgium, Italy, France and Spain lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Spain (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen fruit exported from Egypt were Germany ($X), China ($X) and Russia ($X), with a combined X% share of total exports. The Netherlands, Poland, the United States, Japan, Saudi Arabia, the UK, Belgium, Italy, France and Spain lagged somewhat behind, together accounting for a further X United States, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

The average frozen fruit export price stood at $X per ton in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Frozen Fruit Imports

Imports into Egypt

In 2021, overseas purchases of frozen fruits decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, frozen fruit imports shrank to $X in 2021. Over the period under review, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), South Africa (X tons) and Mexico (X tons) were the main suppliers of frozen fruit imports to Egypt, with a combined X% share of total imports. These countries were followed by Turkey, Vietnam, Sweden, Italy, Lebanon, Poland, Costa Rica, Greece and Canada, which together accounted for a further X 2012 to 2021, the biggest increases were in Sweden (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), South Africa ($X) and Mexico ($X) appeared to be the largest frozen fruit suppliers to Egypt, together accounting for X% of total imports. These countries were followed by Turkey, Vietnam, Italy, Sweden, Canada, Poland, Lebanon, Costa Rica and Greece, which together accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average frozen fruit import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, frozen fruit import price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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