Egypt"s food market, particularly its nuts sector, is witnessing significant activity in 2023. This analysis delves into trade volumes and price trends, providing crucial insights for businesses aiming to explore opportunities in West Asia. According to recent data, Egypt"s import volume for nuts has shown a steady increase, averaging a monthly growth of 5% in the first half of 2023. This surge is attributed to rising demand for diverse nut varieties, driven by both consumer preferences and the food processing industry"s expansion. Concurrently, export volumes have also risen, although at a slightly slower pace of 3% per month, indicating strong domestic consumption. Price trends reveal a dynamic market. The average import price per kilogram of nuts has increased by 6% compared to last year, influenced by global supply chain disruptions and climatic factors affecting production in key export countries. Export prices have followed suit, with a 4% rise, reflecting the increased cost of raw materials and intensified competition among suppliers.

This upward price trajectory could impact profit margins for Egyptian importers and exporters, necessitating strategic sourcing and pricing strategies. Businesses looking to capitalize on this market should consider identifying reliable suppliers and leveraging direct communication channels. Aritral. com, an AI-driven B2B platform, facilitates this process by offering comprehensive product listings, enabling direct communication with suppliers, and assisting with global sales. Its AI-powered marketing tools and robust profile management features provide additional support for companies navigating the complexities of international trade, ensuring a competitive edge in Egypt"s burgeoning nuts market.