Egypt - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Egypt - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights

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Glass Fibre Filament Price in Egypt - 2023

Contents:

  1. Glass Fibre Filament Price in Egypt (CIF) - 2022
  2. Glass Fibre Filament Price in Egypt (FOB) - 2022
  3. Glass Fibre Filament Imports in Egypt
  4. Glass Fibre Filament Exports in Egypt

Glass Fibre Filament Price in Egypt (CIF) - 2022

In 2022, the average glass fibre filament import price amounted to $1,627 per ton, surging by 26% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 57% against the previous year. The import price peaked at $2,307 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($1,627 per ton), while the price for China totaled $1,627 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.8%).

Glass Fibre Filament Price in Egypt (FOB) - 2022

The average glass fibre filament export price stood at $1,773 per ton in 2022, jumping by 78% against the previous year. In general, the export price saw buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($1,773 per ton), while the average price for exports to Sudan totaled $1,773 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Filament Imports in Egypt

In 2022, glass fibre filament imports into Egypt surged to 4.6K tons, picking up by 116% compared with the previous year's figure. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 570%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, glass fibre filament imports surged to $7.5M in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 601%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Glass Fibre Filament in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China63245.61,4177,017123.1%
Japan50.813.211729279.1%
Spain21665.95731.8-79.7%
IndonesiaN/AN/A165N/A0%
Saudi Arabia13520.792.8N/A-17.1%
Others497249400196-26.7%
Total1,5303942,7647,50669.9%

Top Suppliers of Glass Fibre Filament to Egypt in 2022:

  1. Spain (undefinedK tons)
  2. China (4.3K tons)
  3. Japan (0.2K tons)

Glass Fibre Filament Exports in Egypt

In 2022, shipments abroad of glass fibre filaments decreased by 99.9% to 5.6 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 168K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, glass fibre filament exports shrank dramatically to $9.9K in 2022. Over the period under review, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $156M, and then fell dramatically in the following year.

Export of Glass Fibre Filament in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain13.012.78.7N/A-18.2%
NigeriaN/AN/AN/AN/A0%
Slovakia3.12.62.5N/A-10.2%
China2.77.34.6N/A30.5%
United Kingdom6.14.23.7N/A-22.1%
France8.95.36.0N/A-17.9%
Lithuania2.42.73.9N/A27.5%
Poland8.37.37.3N/A-6.2%
United Arab Emirates3.04.01.9N/A-20.4%
SudanN/AN/AN/AN/A0%
Italy6.44.05.5N/A-7.3%
Netherlands5.35.53.7N/A-16.4%
Turkey9.419.436.9N/A98.1%
Others74.657.971.1N/A-2.4%
Total143133156N/A4.4%

Top Export Markets for Glass Fibre Filament from Egypt in 2022:

  1. Sudan (5.1 tons)
  2. Nigeria (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the glass fibre filament 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 23141130 - Glass fibre filaments (including rovings)

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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