Egypt: Meat Dishes Market 2024

Meat Dishes Market Size in Egypt

The Egyptian meat dishes market expanded to $X in 2022, increasing by 3% against the previous year. Overall, consumption recorded a noticeable shrinkage. Meat dishes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Meat Dishes Production in Egypt

In value terms, meat dishes production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by 33%. Meat dishes production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Meat Dishes Exports

Exports from Egypt

In 2022, after two years of decline, there was significant growth in overseas shipments of meat dishes, when their volume increased by 24% to X tons. Over the period under review, exports continue to indicate pronounced growth. The growth pace was the most rapid in 2015 with an increase of 257% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, meat dishes exports soared to $X in 2022. In general, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 200% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X tons) was the main destination for meat dishes exports from Egypt, with a 46% share of total exports. Moreover, meat dishes exports to Kuwait exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. The third position in this ranking was taken by Palestine (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Kuwait amounted to -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+8.7% per year) and Palestine (+83.7% per year).

In value terms, Kuwait ($X) remains the key foreign market for meat dishes exports from Egypt, comprising 51% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 22% share of total exports. It was followed by Bahrain, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kuwait totaled +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+18.6% per year) and Bahrain (+12.9% per year).

Export Prices by Country

In 2022, the average meat dishes export price amounted to $X per ton, declining by -6.9% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat dishes export price increased by +66.1% against 2019 indices. The growth pace was the most rapid in 2020 when the average export price increased by 45%. The export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Palestine ($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 the United Arab Emirates (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports

Imports into Egypt

In 2022, the amount of meat dishes imported into Egypt rose notably to X tons, growing by 8.4% compared with the year before. In general, imports, however, faced a sharp curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 64%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, meat dishes imports soared to $X in 2022. Overall, imports, however, saw a sharp curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 63%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main meat dishes supplier to Egypt, accounting for a 98% share of total imports. It was followed by France (X tons), with a 1.9% share of total imports. The third position in this ranking was taken by the United States (X kg), with less than 0.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to -14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+6.1% per year) and the United States (-72.7% per year).

In value terms, Brazil ($X) constituted the largest supplier of meat dishes to Egypt, comprising 98% of total imports. The second position in the ranking was taken by France ($X), with a 1.5% share of total imports. It was followed by the United States, with less than 0.1% share.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at -12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.0% per year) and the United States (-71.0% per year).

Import Prices by Country

The average meat dishes import price stood at $X per ton in 2022, with an increase of 16% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat dishes import price increased by +52.3% against 2017 indices. The pace of growth was the most pronounced in 2017 an increase of 49% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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