Egypt: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Egypt

The Egyptian wine of fresh grapes market expanded notably to $X in 2022, with an increase of 10% against the previous year. Over the period under review, consumption saw a strong expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Egypt

In value terms, wine of fresh grapes production rose sharply to $X in 2022 estimated in export price. In general, production posted prominent growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 62%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Egypt

In 2022, after two years of growth, there was significant decline in shipments abroad of wine of fresh grapes (except sparkling wine), when their volume decreased by -88.7% to X litres. In general, exports, however, showed a perceptible increase. The growth pace was the most rapid in 2013 with an increase of 901%. Over the period under review, the exports hit record highs at X litres in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, wine of fresh grapes exports contracted rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 947% against the previous year. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Jordan (X litres), France (X litres) and Japan (X litres) were the main destinations of wine of fresh grapes exports from Egypt, together accounting for 96% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +112.4%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for wine of fresh grapes (except sparkling wine) exports from Egypt, comprising 82% of total exports. The second position in the ranking was taken by Jordan ($X), with a 9.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +122.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (0.0% per year) and Japan (+19.1% per year).

Export Prices by Country

The average wine of fresh grapes export price stood at $X per litre in 2022, falling by -25.4% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 216%. The export price peaked at $X per litre in 2021, and then fell markedly 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 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 (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Egypt

After two years of growth, purchases abroad of wine of fresh grapes (except sparkling wine) decreased by -95.9% to X litres in 2022. Over the period under review, imports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 368% against the previous year. As a result, imports reached the peak of X litres, and then dropped remarkably in the following year.

In value terms, wine of fresh grapes imports dropped significantly to $X in 2022. Overall, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 154%. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

In 2022, Hungary (X litres) was the main supplier of wine of fresh grapes to Egypt, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Hungary stood at +94.3%.

In value terms, Hungary ($X) constituted the largest supplier of wine of fresh grapes (except sparkling wine) to Egypt.

From 2012 to 2022, the average annual growth rate of value from Hungary amounted to +92.1%.

Import Prices by Country

In 2022, the average wine of fresh grapes import price amounted to $X per litre, with an increase of 57% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wine of fresh grapes import price decreased by -32.7% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by 60%. As a result, import price reached the peak level of $X per litre. From 2020 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +28.3% per year.

Source: IndexBox Platform

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