Egypt's Smoked Salmon Industry Makes Remarkable Comeback
The Egyptian smoked salmon industry has witnessed a remarkable turnaround in recent years. After a period of decline, exports and production have surged, with Kuwait being the primary destination for Egyptian smoked salmon.
From 2012 to 2024, the Egyptian smoked salmon market value grew at an average annual rate of X%, demonstrating a strong recovery. In 2024 alone, the market increased by X% to $X, marking the fourth consecutive year of growth after three years of decline.
Exports of smoked salmon from Egypt also showed significant improvement. In 2024, exports reached X tons, a X% increase from the previous year, ending a two-year declining trend. Kuwait was the main destination for these exports, accounting for a X% share of the total. The average export price stood at $X per ton in 2024.
Production in Egypt also saw a boost. In 2024, smoked salmon production totaled $X, increasing at an average annual rate of X% over the last twelve years. Additionally, production in 2024 was X% higher than in 2020.
The Egyptian smoked salmon industry has shown significant growth in recent years, with exports and production both increasing. Despite the lack of information on specific companies, the industry's overall performance indicates a positive outlook for the immediate term. The increased consumption and production, coupled with the strong export performance, suggest that the industry is well-positioned for continued growth.
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