Expana has launched Egyptian IQF vegetable Expana Benchmark Prices

Expana has launched 8 monthly Expana Benchmark Prices (EBP) for IQF vegetables.

The initial proposal was announced in a market note published on Friday, 8th November 2024 which can be viewed here. The decision to go ahead with the launch was communicated in a market note on Tuesday the 25th of November 2024, which can be viewed here.

The specifications for the assessments are as below:

The assessments reflect the transactable value at 16:00:00 London time.

Egypt is a significant exporter IQF vegetables, particularly to European and Middle Eastern markets, due to its favorable growing conditions, relatively low production costs, and strategic location. The assessments give Expana subscribers a reliable insight into market trends, supply chain fluctuations, and pricing pressures, enabling buyers and suppliers to make informed purchasing decisions and anticipate shifts in market demand. Additionally, it supports benchmarking against other major exporters, helping assess cost-competitiveness and price stability across regions.

IQF vegetables are widely used across the food industry, particularly in the production of ready meals, soups, sauces, and as ingredients in foodservice and retail products. By freezing vegetables individually, IQF processing ensures that each piece retains its texture,color, and nutritional value, making them ideal for high-quality, convenient food applications.

Please send any questions or comments about this market note to [email protected] and clearly state which market note your comments relate to, and if comments are intended for publication by Expana.

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