Egypt: Wine Market 2024

Wine Market Size in Egypt

The Egyptian wine market amounted to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Wine consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Wine Production in Egypt

In value terms, wine production stood at $X in 2022 estimated in export price. In general, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Wine production peaked at $X in 2020; afterwards, it flattened through to 2022.

Wine Exports

Exports from Egypt

In 2022, overseas shipments of wine and grape must increased by X% to X litres, rising for the second year in a row after three years of decline. In general, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X litres in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, wine exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Japan (X litres), Bahrain (X litres) and Jordan (X litres) were the main destinations of wine exports from Egypt, with a combined X% share of total exports. France and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for wine exported from Egypt were Japan ($X), France ($X) and Bahrain ($X), with a combined X% share of total exports. Jordan and the UK lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the UK, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wine export price amounted to $X per litre, picking up by X% against the previous year. Overall, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked at $X per litre in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 France ($X per litre), while the average price for exports to Jordan ($X per litre) 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wine Imports

Imports into Egypt

Wine imports into Egypt dropped sharply to X litres in 2022, with a decrease of X% compared with 2021 figures. In general, imports showed a sharp descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, wine imports shrank dramatically to $X in 2022. Over the period under review, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Hungary (X litres), Italy (X litres) and France (X litres) were the main suppliers of wine imports to Egypt.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Hungary ($X) constituted the largest supplier of wine and grape must to Egypt, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Hungary amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and France (X% per year).

Import Prices by Country

The average wine import price stood at $X per litre in 2022, which is down by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per litre. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per litre), while the price for Italy ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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