Egypt: Food Processing Ingredients
There are over 7,000 food processing and manufacturing companies in Egypt, generating sales of $22.2 billion in 2017 (up 55 percent compared to 2016). Egypt imported $4 billion in food ingredients in 2017. Imports from the United States come in with a market share of 4 percent at $138 million. The sector has grown with a compound annual growth rate of 22.5 percent [2012-17]. Driving growth is production for domestic consumption and export. Egyptian food companies seek out U.S. food ingredients that can provide a competitive advantage. Top five imported food ingredients groupings include: corn (maize), frozen fish, tea flavored and unflavored, black tea and milk cream concentrated or sweetened. Food ingredients imported for the food processing and manufacturing sector face minimal tariff to no tariffs.
