Report Update Nov 1, 2024

Egypt - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Smoked Herring Market 2024

Smoked Herring Market Size in Egypt

The Egyptian smoked herring market declined to $X in 2022, waning by -6.1% against the previous year. Over the period under review, consumption showed a deep slump. The growth pace was the most rapid in 2021 when the market value increased by 4.1% against the previous year. Smoked herring consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Smoked Herring Production in Egypt

In value terms, smoked herring production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by 0.6% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Smoked Herring Exports

Exports from Egypt

In 2022, approx. X tons of smoked herrings were exported from Egypt; rising by 101% on the previous year. Overall, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2014 when exports increased by 216% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, smoked herring exports surged to $X in 2022. Over the period under review, exports recorded measured growth. The growth pace was the most rapid in 2021 with an increase of 175%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for smoked herring exports from Egypt, accounting for a 47% share of total exports. Moreover, smoked herring exports to the United States exceeded the volume sent to the second major destination, Palestine (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +32.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+140.7% per year) and the United Arab Emirates (-1.9% per year).

In value terms, the United States ($X) emerged as the key foreign market for smoked herrings exports from Egypt, comprising 47% of total exports. The second position in the ranking was held by Palestine ($X), with an 18% share of total exports. It was followed by the United Arab Emirates, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +39.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+485.3% per year) and the United Arab Emirates (-7.5% per year).

Export Prices by Country

The average smoked herring export price stood at $X per ton in 2022, increasing by 14% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 77%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Oman ($X per ton) and the United States ($X per ton), while the average price for exports to Kuwait ($X per ton) and Bahrain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+143.1%), while the prices for the other major destinations experienced more modest paces of growth.

Smoked Herring Imports

Imports into Egypt

In 2022, the amount of smoked herrings imported into Egypt stood at X tons, flattening at 2021 figures. Overall, imports recorded a pronounced downturn. The pace of growth was the most pronounced in 2017 with an increase of 234% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, smoked herring imports totaled $X in 2022. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2017 when imports increased by 65% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) was the main supplier of smoked herring to Egypt, with a approx. 100% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of volume from Turkey was relatively modest.

In value terms, Turkey ($X) constituted the largest supplier of smoked herrings to Egypt.

From 2013 to 2022, the average annual rate of growth in terms of value from Turkey was relatively modest.

Import Prices by Country

The average smoked herring import price stood at $X per ton in 2022, leveling off at the previous year. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 24%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2013 to 2022, the rate of growth in terms of prices for Greece amounted to -6.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for smoked herrings in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 46% share of global consumption. The Dominican Republic, Japan, Russia, France, Indonesia, Brazil, Bangladesh and Haiti lagged somewhat behind, together accounting for a further 20%.

What are the largest producers of smoked herrings in the world?

The countries with the highest volumes of in 2021 were China, the United States and Canada, together comprising 46% of global production.

What are the leading suppliers of smoked herrings to Egypt?

In value terms, Nigeria constituted the largest supplier of smoked herring to Egypt.

What are the leading importers of smoked herrings from Egypt?

In value terms, the United Arab Emirates remains the key foreign market for smoked herring exports from Egypt, comprising 84% of total exports. The second position in the ranking was occupied by the United States, with a 12% share of total exports.

What is the average export price for smoked herrings in Egypt?

In 2021, the average smoked herring export price amounted to $3,362 per ton, jumping by 138% against the previous year.

What is the average import price for smoked herrings in Egypt?

The average smoked herring import price stood at $5,095 per ton in 2018, increasing by 32% against the previous year.

This report provides an in-depth analysis of the smoked herring market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023