Egypt - Castors With Mountings Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Egypt - Castors With Mountings Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights

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Metal Castor Mounting Price in Egypt - 2023

Contents:

  1. Metal Castor Mounting Price in Egypt (CIF) - 2022
  2. Metal Castor Mounting Price in Egypt (FOB) - 2022
  3. Metal Castor Mounting Imports in Egypt
  4. Metal Castor Mounting Exports in Egypt

Metal Castor Mounting Price in Egypt (CIF) - 2022

The average metal castor mounting import price stood at $7,229 per ton in 2022, waning by -2.2% against the previous year. In general, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 204% against the previous year. Over the period under review, average import prices hit record highs at $7,394 per ton in 2021, and then declined slightly 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 Italy ($7,220 per ton) and Taiwan (Chinese) ($7,220 per ton), while the price for Germany ($7,219 per ton) and India ($7,219 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Castor Mounting Price in Egypt (FOB) - 2022

In 2022, the average metal castor mounting export price amounted to $2,050 per ton, which is down by -83.2% against the previous year. Over the period under review, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 112%. Over the period under review, the average export prices hit record highs at $12,168 per ton in 2021, and then declined significantly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +15.4% per year.

Metal Castor Mounting Imports in Egypt

In 2022, after two years of decline, there was significant growth in supplies from abroad of castors with mountings of base metal, when their volume increased by 17% to 616 tons. In general, imports, however, recorded a sharp curtailment.

In value terms, metal castor mounting imports expanded sharply to $4.5M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Metal Castor Mounting in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,7192,8222,6043,4428.2%
Turkey416147246296-10.7%
Italy14110432624920.9%
India1356.07.91626.3%
Germany21912693.7150-11.9%
Taiwan (Chinese)3.333.257.584.2194.4%
Others16014755168.4-24.7%
Total3,7933,3853,8854,4525.5%

Top Suppliers of Metal Castor Mounting to Egypt in 2022:

  1. China (476.8 tons)
  2. Turkey (41.0 tons)
  3. Italy (34.5 tons)
  4. India (22.5 tons)
  5. Germany (20.8 tons)
  6. Taiwan (Chinese) (11.7 tons)

Metal Castor Mounting Exports in Egypt

In 2022, overseas shipments of castors with mountings of base metal decreased by -97% to 20 kg, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 187%. As a result, the exports attained the peak of 2.8 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal castor mounting exports shrank sharply to $41 in 2022. Over the period under review, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 508% against the previous year. As a result, the exports reached the peak of $27K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Metal Castor Mounting in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2.28.21.5N/A-17.4%
KenyaN/A0.1N/AN/A0%
SudanN/A0.1N/AN/A0%
Algeria1.18.43.0N/A65.1%
Saudi Arabia0.51.71.1N/A48.3%
Turkey0.42.00.5N/A11.8%
Others0.36.82.1N/A164.6%
Total4.527.28.2N/A35.0%

Top Export Markets for Metal Castor Mounting from Egypt in 2022:

  1. Sudan (20.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal castor mounting 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 25721420 - Castors with mountings of base metal

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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