Egypt - Artificial Corundum - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Egypt - Artificial Corundum - Market Analysis, Forecast, Size, Trends And Insights

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Artificial Corundum Price in Egypt - 2023

Contents:

  1. Artificial Corundum Price in Egypt (CIF) - 2022
  2. Artificial Corundum Price in Egypt (FOB) - 2022
  3. Artificial Corundum Imports in Egypt
  4. Artificial Corundum Exports in Egypt

Artificial Corundum Price in Egypt (CIF) - 2022

In 2022, the average artificial corundum import price amounted to $1,537 per ton, increasing by 38% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 40%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,676 per ton), while the price for Italy ($1,418 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Corundum Price in Egypt (FOB) - 2022

The average artificial corundum export price stood at $580 per ton in 2022, increasing by 2.9% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. Over the period under review, the average export prices hit record highs at $5,233 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to -19.7% per year.

Artificial Corundum Imports in Egypt

In 2022, imports of artificial corundum into Egypt declined remarkably to 144 tons, with a decrease of -56.9% compared with the year before. Over the period under review, imports recorded a precipitous curtailment. The smallest decline of -10.3% was in 2020.

In value terms, artificial corundum imports plummeted to $222K in 2022. Overall, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2020 when imports increased by 25%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Artificial Corundum in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain26.154.37.888.850.4%
China1563428.786.7-17.8%
United States1.12.21.124.6181.7%
Turkey0.67.83.57.1127.9%
Ukraine6.17.92.45.3-4.6%
Italy4.87.21.33.8-7.5%
Brazil1,0031,161273N/A-47.8%
South Korea60.958.713.8N/A-52.4%
France20113720.5N/A-68.1%
India47.262.14.0N/A-70.9%
Others34.493.036.45.2-46.7%
Total1,5411,933373222-47.6%

Top Suppliers of Artificial Corundum to Egypt in 2022:

  1. Bahrain (62.6 tons)
  2. China (61.1 tons)
  3. United States (5.3 tons)
  4. Turkey (5.0 tons)
  5. Ukraine (3.8 tons)
  6. Italy (2.7 tons)

Artificial Corundum Exports in Egypt

Artificial corundum exports from Egypt fell dramatically to 30 tons in 2022, with a decrease of -31% compared with 2021 figures. Over the period under review, exports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2021 when exports increased by 163%. As a result, the exports reached the peak of 44 tons, and then fell significantly in the following year.

In value terms, artificial corundum exports shrank dramatically to $18K in 2022. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 138% against the previous year. As a result, the exports reached the peak of $25K, and then fell remarkably in the following year.

Export of Artificial Corundum in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece21.010.412.417.6-5.7%
OthersN/AN/A12.4N/A0%
Total21.010.424.817.6-5.7%

Top Export Markets for Artificial Corundum from Egypt in 2022:

  1. Greece (30.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the artificial corundum market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23991500 - Artificial corundum (excluding mechanical mixtures)

Country coverage:

  • Egypt

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Egypt
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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