Egypt: Potato Chips Market 2024

Potato Chips Market Size in Egypt

The Egyptian potato chips market reduced to $X in 2022, which is down by -3.2% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.3% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Potato Chips Production in Egypt

In value terms, potato chips production fell slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 23%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Potato Chips Exports

Exports from Egypt

In 2022, the amount of potato chips exported from Egypt soared to X tons, growing by 37% compared with the previous year's figure. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 78%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, potato chips exports surged to $X in 2022. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 59% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Palestine (X tons), Libya (X tons) and Jordan (X tons) were the main destinations of potato chips exports from Egypt, together comprising 81% of total exports. Saudi Arabia, Morocco, Sudan, Tunisia, Oman and Israel lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +99.9%), while the other leaders experienced more modest paces of growth.

In value terms, Palestine ($X), Libya ($X) and Jordan ($X) appeared to be the largest markets for potato chips exported from Egypt worldwide, together accounting for 83% of total exports. Saudi Arabia, Morocco, Sudan, Tunisia, Oman and Israel lagged somewhat behind, together accounting for a further 12%.

Oman, with a CAGR of +117.1%, saw the highest growth rate of the value of exports, in terms of 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 potato chips export price stood at $X per ton in 2022, almost unchanged from the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, potato chips export price increased by +96.5% against 2018 indices. The growth pace was the most rapid in 2020 an increase of 46%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Oman ($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 Saudi Arabia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Chips Imports

Imports into Egypt

In 2022, the amount of potato chips imported into Egypt declined remarkably to X tons, shrinking by -63.3% on 2021 figures. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 with an increase of 205% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, potato chips imports declined rapidly to $X in 2022. In general, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 120% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Bulgaria (X tons), France (X tons) and Germany (X tons) were the main suppliers of potato chips imports to Egypt, together accounting for 47% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +22.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest potato chips suppliers to Egypt were Bulgaria ($X), France ($X) and Germany ($X), with a combined 47% share of total imports.

Bulgaria, with a CAGR of +24.5%, saw the highest rates of growth with regard to 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

The average potato chips import price stood at $X per ton in 2022, growing by 4.5% against the previous year. In general, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 60% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Bulgaria ($X per ton) and the United States ($X per ton), while the price for France ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :