Egypt - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Crustaceans Price in Egypt - 2023
Contents:
- Frozen Crustaceans Price in Egypt (CIF) - 2023
- Frozen Crustaceans Price in Egypt (FOB) - 2023
- Frozen Crustaceans Imports in Egypt
- Frozen Crustaceans Exports in Egypt
Frozen Crustaceans Price in Egypt (CIF) - 2023
In July 2023, the average frozen crustaceans import price amounted to $8,861 per ton, remaining relatively unchanged against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 4.6% month-to-month. The import price peaked at $9,671 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From July 2022 to July 2023, the rate of growth in terms of prices for the United Arab Emirates amounted to -0.3% per month.
Frozen Crustaceans Price in Egypt (FOB) - 2023
The average frozen crustaceans export price stood at $26,200 per ton in July 2023, reducing by -2.3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 28% against the previous month. Over the period under review, the average export prices attained the peak figure at $26,806 per ton in June 2023, and then declined modestly in the following month.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the UK ($28,468 per ton), while the average price for exports to Turkey ($8,869 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Crustaceans Imports in Egypt
In 2022, purchases abroad of frozen crustaceans was finally on the rise to reach 16K tons after two years of decline. Over the period under review, imports, however, saw a abrupt slump.
In value terms, frozen crustaceans imports totaled $150M in 2022. In general, imports, however, continue to indicate a perceptible slump.
| Import of Frozen Crustaceans in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 32.9 | 19.0 | 23.3 | 135 | 60.1% |
| Saudi Arabia | 92.3 | 97.0 | 46.2 | 8.6 | -54.7% |
| Yemen | 18.4 | 23.0 | 12.9 | 3.8 | -40.9% |
| India | 13.1 | 5.1 | N/A | N/A | -61.1% |
| Others | 13.7 | 10.6 | 62.0 | 3.1 | -39.1% |
| Total | 170 | 155 | 144 | 150 | -4.1% |
Top Suppliers of Frozen Crustaceans to Egypt in 2022:
- United Arab Emirates (14.3K tons)
- Saudi Arabia (0.9K tons)
- Yemen (0.4K tons)
Frozen Crustaceans Exports in Egypt
In 2022, overseas shipments of frozen crustaceans were finally on the rise to reach 4.1K tons after two years of decline. In general, exports, however, recorded a precipitous setback.
In value terms, frozen crustaceans exports soared to $35M in 2022. Over the period under review, exports posted a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Crustaceans in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.9 | 7.5 | 8.8 | 32.2 | 19.4% |
| Albania | N/A | N/A | 0.1 | 1.1 | 1000.0% |
| Turkey | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Vietnam | 0.9 | N/A | N/A | 0.7 | -8.0% |
| China | 1.2 | 0.3 | 0.2 | N/A | -59.2% |
| Italy | 0.5 | 0.3 | 1.4 | N/A | 67.3% |
| Others | 0.3 | 0.4 | 1.5 | 0.4 | 10.1% |
| Total | 21.8 | 8.5 | 12.2 | 35.2 | 17.3% |
Top Export Markets for Frozen Crustaceans from Egypt in 2022:
- United States (3753.7 tons)
- Albania (149.2 tons)
- Turkey (108.3 tons)
- Vietnam (76.0 tons)
This report provides an in-depth analysis of the frozen crustaceans 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 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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