Egypt: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in Egypt

The Egyptian market for mixed condiments, sauses and seasonings was estimated at $X in 2022, with an increase of 5.6% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Mixed Condiments, Sauses and Seasonings in Egypt

In value terms, mixed condiment, sause and seasoning production amounted to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 42%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from Egypt

In 2022, exports of mixed condiments, sauses and seasonings from Egypt surged to X tons, picking up by 44% on the year before. Over the period under review, exports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 with an increase of 58% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, mixed condiment, sause and seasoning exports soared to $X in 2022. Overall, exports, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 166%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Germany (X tons) and Lebanon (X tons) were the main destinations of mixed condiment, sause and seasoning exports from Egypt, with a combined 48% share of total exports. Palestine, Sudan, the Netherlands, Iraq, Morocco, Libya, the United States, Sweden, Kuwait and Cyprus lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +41.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Germany ($X) and Lebanon ($X) appeared to be the largest markets for mixed condiment, sause and seasoning exported from Egypt worldwide, with a combined 49% share of total exports. Palestine, Sudan, the Netherlands, Morocco, Libya, the United States, Sweden, Kuwait, Cyprus and Iraq lagged somewhat behind, together comprising a further 35%.

In terms of the main countries of destination, Sweden, with a CAGR of +59.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for mixed condiments, sauses and seasonings amounted to $X per ton, dropping by -5.5% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into Egypt

Mixed condiment, sause and seasoning imports into Egypt contracted rapidly to X tons in 2022, reducing by -43.9% compared with the previous year. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when imports increased by 69%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, mixed condiment, sause and seasoning imports declined sharply to $X in 2022. In general, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2015 with an increase of 26%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and Saudi Arabia (X tons) were the main suppliers of mixed condiment, sause and seasoning imports to Egypt, with a combined 50% share of total imports. The United States, Germany, Greece, Thailand, the United Arab Emirates, Italy, the Netherlands, Malaysia and France lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +109.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed condiment, sause and seasoning suppliers to Egypt were India ($X), Saudi Arabia ($X) and the United States ($X), together accounting for 53% of total imports. Germany, China, Thailand, the United Arab Emirates, Italy, Greece, the Netherlands, Malaysia and France lagged somewhat behind, together accounting for a further 40%.

In terms of the main suppliers, Greece, with a CAGR of +110.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for mixed condiments, sauses and seasonings amounted to $X per ton, picking up by 12% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 30% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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