Report Update May 1, 2024

Egypt - Herrings (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Preserved Herring Market 2024

Preserved Herring Market Size in Egypt

The Egyptian preserved herring market contracted to $X in 2022, with a decrease of X% against the previous year. In general, the total consumption indicated a resilient 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Preserved Herring Production in Egypt

In value terms, preserved herring production declined to $X in 2022 estimated in export price. Over the period under review, production, however, saw buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Preserved herring production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Preserved Herring Exports

Exports from Egypt

In 2022, the amount of herrings (prepared or preserved) exported from Egypt dropped sharply to X kg, which is down by X% compared with the previous year's figure. Overall, exports showed a sharp slump. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, preserved herring exports reduced dramatically to $X in 2022. In general, exports faced a significant decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X kg) and the United Arab Emirates (X kg) were the main destinations of preserved herring exports from Egypt.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%).

In value terms, the largest markets for preserved herring exported from Egypt were Kuwait ($X) and the United Arab Emirates ($X).

In terms of the main countries of destination, Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average preserved herring export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (X%), while the prices for the other major destinations experienced a decline.

Preserved Herring Imports

Imports into Egypt

Preserved herring imports into Egypt surged to X tons in 2022, rising by X% on 2021 figures. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, preserved herring imports soared to $X in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Greece (X tons) was the main supplier of preserved herring to Egypt, accounting for a X% share of total imports. It was followed by Latvia (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Greece stood at X.6%.

In value terms, Greece ($X) constituted the largest supplier of herrings (prepared or preserved) to Egypt, comprising X% of total imports. The second position in the ranking was taken by Latvia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Greece stood at X.5%.

Import Prices by Country

In 2022, the average preserved herring import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 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 country with the highest price was Latvia ($X per ton), while the price for Greece amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herrings (prepared or preserved) in the world?

China constituted the country with the largest volume of preserved herring consumption, comprising approx. 20% of total volume. Moreover, preserved herring consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was taken by the United States, with a 5.4% share.

What are the largest producers of herrings (prepared or preserved) in the world?

China remains the largest preserved herring producing country worldwide, accounting for 20% of total volume. Moreover, preserved herring production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was taken by the United States, with a 5.2% share.

What are the leading suppliers of herrings (prepared or preserved) to Egypt?

In value terms, Greece constituted the largest supplier of herrings prepared or preserved) to Egypt, comprising 100% of total imports. The second position in the ranking was held by Latvia $714), with a 0.4% share of total imports.

What are the leading importers of herrings (prepared or preserved) from Egypt?

In value terms, the largest markets for preserved herring exported from Egypt were Kuwait $494) and the United Arab Emirates $412).

What is the average export price for herrings (prepared or preserved) in Egypt?

The average preserved herring export price stood at $3,624 per ton in 2022, jumping by 36% against the previous year.

What is the average import price for herrings (prepared or preserved) in Egypt?

In 2022, the average preserved herring import price amounted to $3,551 per ton, shrinking by -22.2% against the previous year.

This report provides an in-depth analysis of the preserved herring 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 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023