Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt - 2023

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt (CIF) - 2022
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt (FOB) - 2022
  3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt
  4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $6,708 per ton, surging by 11% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses increased by +93.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 57%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($6,708 per ton) and Germany ($6,708 per ton), while the price for India ($6,707 per ton) and China ($6,708 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt (FOB) - 2022

The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $6,300 per ton in 2022, standing approx. at the previous year. In general, the export price, however, saw slight growth. The most prominent rate of growth was recorded in 2015 an increase of 105% against the previous year. The export price peaked at $6,329 per ton in 2018; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +50.5% per year.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt

Imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Egypt soared to 422 tons in 2022, rising by 48% against the previous year's figure. Overall, imports, however, saw a precipitous curtailment.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses surged to $2.8M in 2022. Over the period under review, imports, however, recorded a abrupt decrease.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain75.2N/AN/A2,240210.0%
Germany82.350.811129553.0%
China342297251203-16.0%
Netherlands1,552264N/A20.6-76.3%
United Kingdom355448125N/A-40.7%
Saudi Arabia2,320N/AN/AN/A0%
BahrainN/AN/A1,093N/A0%
Others14814515270.0-22.1%
Total4,8751,2051,7322,829-16.6%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Egypt in 2022:

  1. Spain (333.9 tons)
  2. Germany (44.0 tons)
  3. China (30.3 tons)
  4. Netherlands (3.1 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt

In 2022, approx. 1.4 tons of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses were exported from Egypt; reducing by -49.3% against the previous year. Overall, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 7,197% against the previous year.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses reduced notably to $8.6K in 2022. Over the period under review, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2021 when exports increased by 7,671% against the previous year.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/A6.98.624.6%
Sudan29.40.1N/AN/A-99.7%
Tunisia41.7N/AN/AN/A0%
Saudi ArabiaN/AN/A10.1N/A0%
OthersN/A0.1N/AN/A0%
Total71.10.217.08.6-50.5%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Egypt in 2022:

  1. United Arab Emirates (1.4 tons)

Source: IndexBox Market Intelligence Platform

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