Egypt: Coffee Extract Market 2024

Coffee Extract Market Size in Egypt

The Egyptian coffee extract market stood at $X in 2023, almost unchanged from the previous year. Overall, consumption continues to indicate a buoyant expansion. Coffee extract consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Coffee Extract Production in Egypt

In value terms, coffee extract production amounted to $X in 2023 estimated in export price. Over the period under review, the total production indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Coffee extract production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Coffee Extract Exports

Exports from Egypt

Coffee extract exports from Egypt shrank markedly to X tons in 2023, with a decrease of X% on the previous year. In general, exports, however, enjoyed a modest increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2022, and then dropped significantly in the following year.

In value terms, coffee extract exports totaled $X in 2023. Overall, exports continue to indicate a slight slump. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Palestine (X tons), Turkey (X tons) and Lebanon (X tons) were the main destinations of coffee extract exports from Egypt, together accounting for X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Palestine (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Palestine ($X), Turkey ($X) and Italy ($X) were the largest markets for coffee extract exported from Egypt worldwide, together accounting for X% of total exports. Lebanon, Jordan, Saudi Arabia, Morocco, Japan, Malaysia, Iraq, the UK, Cote d'Ivoire and Canada lagged somewhat behind, together accounting for a further X%.

Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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 2023, the average coffee extract export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Palestine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (X%), while the prices for the other major destinations experienced a decline.

Coffee Extract Imports

Imports into Egypt

In 2023, overseas purchases of coffee extracts, essences and concentrates decreased by X% to X tons, falling for the second consecutive year after four years of growth. Overall, imports, however, posted temperate growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, coffee extract imports fell to $X in 2023. Over the period under review, imports, however, showed a prominent increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then contracted in the following year.

Imports by Country

Spain (X tons), the UK (X tons) and South Korea (X tons) were the main suppliers of coffee extract imports to Egypt, together accounting for X% of total imports. Morocco, France, Brazil, Switzerland, Poland, India and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the UK ($X) and South Korea ($X) constituted the largest coffee extract suppliers to Egypt, together accounting for X% of total imports. Morocco, France, Brazil, Switzerland, Poland, India and Germany lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, saw the highest growth rate of 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

The average coffee extract import price stood at $X per ton in 2023, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Switzerland ($X per ton) and Morocco ($X per ton), while the price for Spain ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform