Egypt: Tomato Puree Market 2024

Tomato Puree Market Size in Egypt

In 2022, the Egyptian tomato puree market decreased by -7% to $X, falling for the second consecutive year after three years of growth. In general, consumption continues to indicate a perceptible curtailment. Tomato puree consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Tomato Puree Production in Egypt

In value terms, tomato puree production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 19% against the previous year. Tomato puree production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Tomato Puree Exports

Exports from Egypt

In 2022, tomato puree exports from Egypt soared to X tons, with an increase of 42% compared with 2021 figures. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 161%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, tomato puree exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 190% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Poland (X tons), Romania (X tons) and Portugal (X tons) were the main destinations of tomato puree exports from Egypt, together accounting for 33% of total exports. Senegal, Sudan, Morocco, Jordan, Spain, Kenya, the Czech Republic, Cote d'Ivoire, Greece and Hungary lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of +109.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Romania ($X) and Portugal ($X) were the largest markets for tomato puree exported from Egypt worldwide, together comprising 33% of total exports. Senegal, Sudan, Morocco, Jordan, Spain, Kenya, the Czech Republic, Cote d'Ivoire, Greece and Hungary lagged somewhat behind, together comprising a further 42%.

Spain, with a CAGR of +133.0%, saw the highest rates of growth with regard to 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 tomato puree export price stood at $X per ton in 2022, picking up by 11% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 40% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Cote d'Ivoire ($X per ton) and Romania ($X per ton), while the average price for exports to Hungary ($X per ton) and Spain ($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 Spain (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Puree Imports

Imports into Egypt

In 2022, after three years of decline, there was significant growth in purchases abroad of tomato puree and paste, when their volume increased by 198% to X tons. Over the period under review, imports continue to indicate measured growth. The pace of growth was the most pronounced in 2018 with an increase of 206% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tomato puree imports soared to $X in 2022. In general, imports continue to indicate notable growth. Over the period under review, imports reached the maximum at $X in 2019; afterwards, it flattened through to 2022.

Imports by Country

China (X tons), the United States (X tons) and Spain (X tons) were the main suppliers of tomato puree imports to Egypt, together accounting for 99% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +15.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tomato puree suppliers to Egypt were China ($X), the United States ($X) and Spain ($X), together comprising 99% of total imports.

Among the main suppliers, Spain, with a CAGR of +17.5%, saw the highest rates of growth with regard to 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

The average tomato puree import price stood at $X per ton in 2022, with an increase of 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and China ($X per ton), while the price for Italy ($X per ton) and Spain ($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 States (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :