Egypt: Yoghurt Market 2024

Yoghurt Market Size in Egypt

The Egyptian yoghurt market expanded modestly to $X in 2022, increasing by 1.8% against the previous year. Overall, consumption continues to indicate a slight setback. Yoghurt consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Yoghurt Production in Egypt

In value terms, yoghurt production rose modestly to $X in 2022 estimated in export price. In general, production continues to indicate a slight slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 25% against the previous year. Yoghurt production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Yoghurt Exports

Exports from Egypt

In 2022, approx. X tons of yoghurt were exported from Egypt; increasing by 20% compared with the year before. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 741%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, yoghurt exports dropped to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 1,445%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Libya (X tons), Palestine (X tons) and Mauritania (X tons) were the main destinations of yoghurt exports from Egypt, with a combined 73% share of total exports. Lebanon, Jordan, the United Arab Emirates and Rwanda lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +73.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for yoghurt exported from Egypt were Libya ($X), Palestine ($X) and Mauritania ($X), together comprising 81% of total exports. Jordan, Lebanon, the United Arab Emirates and Rwanda lagged somewhat behind, together comprising a further 16%.

The United Arab Emirates, with a CAGR of +69.8%, recorded 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

In 2022, the average yoghurt export price amounted to $X per ton, dropping by -25.7% against the previous year. Over the period under review, the export price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 84%. The export price peaked at $X per ton in 2021, and then contracted significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Yoghurt Imports

Imports into Egypt

In 2022, yoghurt imports into Egypt skyrocketed to X tons, increasing by 267% compared with the previous year. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 708% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, yoghurt imports surged to $X in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 688% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X tons), the Netherlands (X tons) and Turkey (X tons) were the main suppliers of yoghurt imports to Egypt, with a combined 69% share of total imports. The UK, the United Arab Emirates, Germany and France lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +105.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest yoghurt suppliers to Egypt were the United States ($X), the UK ($X) and the Netherlands ($X), with a combined 71% share of total imports. Turkey, the United Arab Emirates, Germany and France lagged somewhat behind, together comprising a further 29%.

The United Arab Emirates, with a CAGR of +85.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average yoghurt import price amounted to $X per ton, growing by 29% against the previous year. Overall, the import price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 71%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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