Egypt - Base Metal Hinges - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Hinge Price in Egypt - 2023
Contents:
- Base Metal Hinge Price in Egypt (CIF) - 2022
- Base Metal Hinge Price in Egypt (FOB) - 2022
- Base Metal Hinge Imports in Egypt
- Base Metal Hinge Exports in Egypt
Base Metal Hinge Price in Egypt (CIF) - 2022
In 2022, the average base metal hinge import price amounted to $8,670 per ton, therefore, remained relatively stable against the previous year. In general, the import price, however, showed strong growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 87% against the previous year. The import price peaked at $8,747 per ton in 2021, and then contracted modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bulgaria ($8,670 per ton) and Austria ($8,670 per ton), while the price for China ($8,670 per ton) and Turkey ($8,670 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Hinge Price in Egypt (FOB) - 2022
The average base metal hinge export price stood at $7,272 per ton in 2022, shrinking by -7.8% against the previous year. Over the period under review, the export price, however, showed a remarkable increase. The growth pace was the most rapid in 2021 an increase of 198%. As a result, the export price attained the peak level of $7,891 per ton, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($10,098 per ton), while the average price for exports to Libya ($625 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+47.7%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Hinge Imports in Egypt
In 2022, the amount of base metal hinges imported into Egypt skyrocketed to 3.3K tons, jumping by 16% against 2021 figures. Overall, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 17%.
In value terms, base metal hinge imports rose remarkably to $28M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 52%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Base Metal Hinge in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.3 | 6.0 | 6.8 | 12.5 | 19.6% |
| Italy | 6.0 | 5.9 | 7.6 | 7.8 | 9.1% |
| Turkey | 1.4 | 1.6 | 2.8 | 3.4 | 34.4% |
| Bulgaria | 0.1 | 0.2 | 0.6 | 0.9 | 108.0% |
| Austria | 0.1 | 0.9 | 0.9 | 0.8 | 100.0% |
| Germany | 0.5 | 0.4 | 0.6 | 0.8 | 17.0% |
| United States | 0.2 | 0.1 | 1.4 | 0.6 | 44.2% |
| Others | 1.1 | 1.1 | 4.3 | 1.8 | 17.8% |
| Total | 16.7 | 16.3 | 24.8 | 28.5 | 19.5% |
Top Suppliers of Base Metal Hinge to Egypt in 2022:
- China (1438.1 tons)
- Italy (901.1 tons)
- Turkey (390.3 tons)
- Bulgaria (106.7 tons)
- Austria (86.8 tons)
- Germany (86.8 tons)
- United States (65.3 tons)
Base Metal Hinge Exports in Egypt
For the third consecutive year, Egypt recorded decline in overseas shipments of base metal hinges, which decreased by -19.8% to 50 tons in 2022. Overall, exports showed a significant curtailment.
In value terms, base metal hinge exports reduced dramatically to $364K in 2022. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 23%.
| Export of Base Metal Hinge in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 37.7 | 120 | 108 | 69.3% |
| Italy | 40.8 | 16.3 | N/A | 103 | 36.2% |
| Saudi Arabia | N/A | 48.6 | 144 | 76.2 | 25.2% |
| Sudan | 6.5 | 20.4 | 11.6 | 50.8 | 98.4% |
| Libya | 8.6 | N/A | N/A | 9.3 | 2.6% |
| Yemen | 408 | 56.2 | 114 | N/A | -47.1% |
| Morocco | 80.8 | 207 | N/A | N/A | 156.2% |
| Netherlands | 9.3 | N/A | N/A | N/A | 0% |
| Others | 67.7 | 13.4 | 104 | 16.3 | -37.8% |
| Total | 622 | 399 | 493 | 364 | -16.4% |
Top Export Markets for Base Metal Hinge from Egypt in 2022:
- Libya (14.9 tons)
- United Kingdom (10.7 tons)
- Italy (10.2 tons)
- Saudi Arabia (7.5 tons)
- Sudan (5.0 tons)
This report provides an in-depth analysis of the base metal hinge 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 25721410 - Base metal hinges
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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