Egypt: Powdered Milk Market 2024

Powdered Milk Market Size in Egypt

The Egyptian powdered milk market surged to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. Powdered milk consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Powdered Milk Exports

Exports from Egypt

In 2022, shipments abroad of powdered milk decreased by X% to X tons, falling for the third year in a row after three years of growth. Overall, exports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, powdered milk exports contracted dramatically to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for powdered milk exports from Egypt, accounting for a X% share of total exports. Moreover, powdered milk exports to Saudi Arabia exceeded the volume sent to the second major destination, Mauritania (X tons), threefold. Syrian Arab Republic (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Saudi Arabia ($X) remains the key foreign market for powdered milk exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Mauritania ($X), with an X% share of total exports. It was followed by Syrian Arab Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (X% per year) and Syrian Arab Republic (X% per year).

Export Prices by Country

The average powdered milk export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price 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, powdered milk export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cote d'Ivoire ($X per ton) and Lebanon ($X per ton), while the average price for exports to Yemen ($X per ton) and Madagascar ($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 Libya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Powdered Milk Imports

Imports into Egypt

After two years of decline, supplies from abroad of powdered milk increased by X% to X tons in 2022. Overall, imports, however, showed a mild setback. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, powdered milk imports soared to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

New Zealand (X tons), Turkey (X tons) and France (X tons) were the main suppliers of powdered milk imports to Egypt, with a combined X% share of total imports. Germany, Canada, the UK, Sweden, the United States and Denmark lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest powdered milk suppliers to Egypt were New Zealand ($X), Turkey ($X) and France ($X), with a combined X% share of total imports. Germany, Canada, the UK, Sweden, the United States and Denmark lagged somewhat behind, together comprising a further X%.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 powdered milk import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price 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, powdered milk import price increased by X% against 2018 indices. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were New Zealand ($X per ton) and Sweden ($X per ton), while the price for Canada ($X per ton) and the United States ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :