Egypt: Prepared Mustard Market 2024

Prepared Mustard Market Size in Egypt

The Egyptian prepared mustard market declined to $X in 2023, falling by X% against the previous year. Overall, consumption, however, recorded a buoyant expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Prepared Mustard Production in Egypt

In value terms, prepared mustard production fell to $X in 2023 estimated in export price. In general, production, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Prepared mustard production peaked at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Prepared Mustard Exports

Exports from Egypt

In 2023, overseas shipments of prepared mustard were finally on the rise to reach X tons after two years of decline. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The exports peaked in 2023 and are likely to see gradual growth in the near future.

In value terms, prepared mustard exports skyrocketed to $X in 2023. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

Sudan (X tons) was the main destination for prepared mustard exports from Egypt, accounting for a X% share of total exports. Moreover, prepared mustard exports to Sudan exceeded the volume sent to the second major destination, Libya (X tons), threefold. The third position in this ranking was taken by Kuwait (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Sudan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (X% per year) and Kuwait (X% per year).

In value terms, Sudan ($X) emerged as the key foreign market for prepared mustard exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Libya ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Sudan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2023, the average prepared mustard export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the average export prices attained the maximum in 2023 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the countries with the highest prices were Lebanon ($X per ton) and Libya ($X per ton), while the average price for exports to Kuwait ($X per ton) and Sudan ($X per ton) were amongst the lowest.

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

Prepared Mustard Imports

Imports into Egypt

After two years of growth, purchases abroad of prepared mustard decreased by X% to X tons in 2023. In general, total imports indicated strong growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2022, and then shrank markedly in the following year.

In value terms, prepared mustard imports contracted to $X in 2023. Overall, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2022, and then fell in the following year.

Imports by Country

In 2023, the United States (X tons) constituted the largest supplier of prepared mustard to Egypt, accounting for a X% share of total imports. Moreover, prepared mustard imports from the United States exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. Canada (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Canada (X% per year).

In value terms, the United States ($X) constituted the largest supplier of prepared mustard to Egypt, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Canada, with an X% share.

From 2012 to 2023, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Canada (X% per year).

Import Prices by Country

The average prepared mustard import price stood at $X per ton in 2023, increasing by X% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2023: its price 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, prepared mustard import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. The import price peaked in 2023 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were the UK ($X per ton) and Ukraine ($X per ton), while the price for Canada ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2023, 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