Egypt: Prepared Mustard Market 2024

Prepared Mustard Market Size in Egypt

In 2021, the Egyptian prepared mustard market was finally on the rise to reach $X after three years of decline. Overall, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.4% against 2017 indices. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Prepared Mustard Production in Egypt

In value terms, prepared mustard production amounted to $X in 2021 estimated in export price. In general, the total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -10.3% against 2017 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 23%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Prepared Mustard Exports

Exports from Egypt

In 2021, after two years of growth, there was significant decline in shipments abroad of prepared mustard, when their volume decreased by -23.1% to X tons. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 7,735% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared mustard exports dropped notably to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 4,223% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Kenya (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) were the main destinations of prepared mustard exports from Egypt, together comprising 85% of total exports. Oman lagged somewhat behind, comprising a further 6.4%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +51.1%), while the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X) emerged as the key foreign market for prepared mustard exports from Egypt, comprising 51% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 26% share of total exports. It was followed by Saudi Arabia, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value to Kenya was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+42.3% per year) and Saudi Arabia (+14.1% per year).

Export Prices by Country

The average prepared mustard export price stood at $X per ton in 2021, increasing by 9.8% against the previous year. Overall, the export price, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 53%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per ton) and Kenya ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) and Oman ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports

Imports into Egypt

In 2021, approx. X tons of prepared mustard were imported into Egypt; surging by 9.4% on 2020 figures. Overall, imports saw a prominent increase. The pace of growth was the most pronounced in 2013 when imports increased by 123%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, prepared mustard imports surged to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -21.6% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 68%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), France (X tons) and Canada (X tons) were the main suppliers of prepared mustard imports to Egypt, together accounting for 86% of total imports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +51.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared mustard suppliers to Egypt were the United States ($X), France ($X) and Canada ($X), together comprising 87% of total imports.

Among the main suppliers, Canada, with a CAGR of +50.6%, 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 2021, the average prepared mustard import price amounted to $X per ton, surging by 6.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 34% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and France ($X per ton), while the price for the United Arab Emirates ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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