Egypt: Confectionery Market 2024

Confectionery Market Size in Egypt

In 2022, the Egyptian confectionery market decreased by X% to $X, falling for the second year in a row after four years of growth. Overall, the total consumption indicated noticeable growth 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, consumption decreased by X% against 2020 indices. Confectionery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Confectionery Production in Egypt

In value terms, confectionery production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated measured growth 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 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Confectionery Exports

Exports from Egypt

In 2022, overseas shipments of confectionery were finally on the rise to reach X tons after two years of decline. Over the period under review, exports showed moderate growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, confectionery exports soared to $X in 2022. In general, total exports indicated a prominent 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, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Saudi Arabia (X tons), Sudan (X tons) and the United Arab Emirates (X tons) were the main destinations of confectionery exports from Egypt, together accounting for X% of total exports. Morocco, Yemen, Jordan, Kuwait, Palestine, Libya, the UK, Pakistan, Kenya and Oman lagged somewhat behind, together accounting for a further X%.

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

In value terms, Saudi Arabia ($X) remains the key foreign market for confectionery exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Sudan ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average confectionery export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price, however, enjoyed a measured increase. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then contracted in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Oman ($X per ton) and Kuwait ($X per ton), while the average price for exports to Kenya ($X per ton) and Yemen ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into Egypt

Confectionery imports into Egypt shrank to X tons in 2022, with a decrease of X% on the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, confectionery imports reduced to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Malaysia (X tons), the Netherlands (X tons) and Saudi Arabia (X tons) were the main suppliers of confectionery imports to Egypt, with a combined X% share of total imports. Turkey, Italy, Spain, Indonesia, Cote d'Ivoire, Germany, Ghana, the United Arab Emirates and China lagged somewhat behind, together comprising a further X%.

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

In value terms, Malaysia ($X), Italy ($X) and the Netherlands ($X) were the largest confectionery suppliers to Egypt, together comprising X% of total imports. Turkey, Saudi Arabia, Spain, Indonesia, Germany, Cote d'Ivoire, Ghana, the United Arab Emirates and China lagged somewhat behind, together comprising a further X%.

Saudi Arabia, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average confectionery import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 United Arab Emirates ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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