Cheese Market Overview in Egypt
In value terms, cheese production fell to $ in 2018 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2012 when the production volume increased by % year-to-year. Cheese production peaked at $ in 2017, and then contracted modestly in the following year.
The size of the cheese market in Egypt dropped slightly to $ in 2018, which is down by -% 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). The market value increased at an average annual rate of +% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2012 when the market value increased by % y-o-y. Over the period under review, the market reached the peak level at $ in 2017, and then dropped in the following year.