Metals; Platinum, Semi-Manufactured Price in Egypt - 2022

Metals; Platinum, Semi-Manufactured Price in Egypt (CIF) - 2022

In 2022, the average metals; platinum, semi-manufactured import price amounted to $14,940,706 per ton, which is down by -42.2% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 263% against the previous year. As a result, import price reached the peak level of $26,799 per kg. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($41,305,167 per ton), while the price for Belgium ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.0%), while the prices for the other major suppliers experienced a decline.

Metals; Platinum, Semi-Manufactured Price in Egypt (FOB) - 2022

In 2022, the average metals; platinum, semi-manufactured export price amounted to $36,182,500 per ton, with a decrease of -1.9% against the previous year. Overall, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 61%. The export price peaked at $43,819,873 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -4.2% per year.

Metals; Platinum, Semi-Manufactured Imports in Egypt

In 2022, the amount of metals; platinum, semi-manufactureds imported into Egypt rose markedly to 17 kg, picking up by 6.2% compared with the previous year's figure. Overall, imports, however, continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year.

In value terms, metals; platinum, semi-manufactured imports fell markedly to $254K in 2022. In general, imports, however, continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 338%.

Import of Metals; Platinum, Semi-Manufactured in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	N/A	N/A	N/A	248	0%
Czech Republic	106	4.0	120	1.8	-74.3%
United Kingdom	143	63.0	87.6	1.2	-79.7%
Germany	3.6	0.3	36.2	0.6	-45.0%
China	2.3	1.8	6.6	0.1	-64.8%
Belgium	N/A	N/A	N/A	N/A	0%
Austria	0.3	0.2	0.3	N/A	0.0%
India	2.1	0.4	1.7	N/A	-10.0%
Netherlands	2.9	1.4	2.2	N/A	-12.9%
United States	0.3	0.1	0.2	N/A	-18.4%
Turkey	0.1	0.1	0.1	N/A	0.0%
Others	249	23.2	158	2.4	-78.7%
Total	509	94.5	413	254	-20.7%

Top Suppliers of Metals; Platinum, Semi-Manufactured to Egypt in 2022:

Hong Kong SAR (6.0 kg)
Turkey (1.0 kg)
United States (1.0 kg)
Netherlands (1.0 kg)
Czech Republic (1.0 kg)
India (1.0 kg)
United Kingdom (1.0 kg)
Austria (1.0 kg)
Germany (1.0 kg)
Belgium (1.0 kg)
China (1.0 kg)

Metals; Platinum, Semi-Manufactured Exports in Egypt

In 2022, after three years of growth, there was significant decline in shipments abroad of metals; platinum, semi-manufactureds, when their volume decreased by -45.7% to 44 kg. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,250%. As a result, the exports reached the peak of 81 kg, and then shrank notably in the following year.

In value terms, metals; platinum, semi-manufactured exports fell markedly to $1.6M in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,423%. As a result, the exports attained the peak of $3M, and then dropped markedly in the following year.