Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Egypt - 2023

Contents:

1. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Egypt (CIF) - 2022
2. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Egypt (FOB) - 2022
3. Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Egypt
4. Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Egypt

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Egypt (CIF) - 2022

In 2022, the average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $1,358 per ton, with an increase of 17% against the previous year. Over the period under review, the import price continues to indicate a mild increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 254% against the previous year. As a result, import price reached the peak level of $3,933 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,358 per ton), while the price for China amounted to $1,358 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Egypt (FOB) - 2022

In 2022, the average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $1,248 per ton, dropping by -2.3% against the previous year. In general, the export price, however, enjoyed prominent growth. The growth pace was the most rapid in 2014 an increase of 4,985% against the previous year. As a result, the export price attained the peak level of $15,391 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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 Turkey amounted to +44.8% per year.

Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Egypt

Imports of glass; unworked, in balls (other than microspheres of heading no. 7018) into Egypt soared to 42 tons in 2022, picking up by 146% against the year before. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 7,426% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) surged to $56K in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,872%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Egypt in 2022:

1. Germany (29.1 tons)
2. China (12.5 tons)

Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Egypt

In 2022, shipments abroad of glass; unworked, in balls (other than microspheres of heading no. 7018) decreased by -96.8% to 2.3 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. As a result, the exports reached the peak of 86 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) fell significantly to $2.9K in 2022. In general, exports showed a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 62%. As a result, the exports reached the peak of $105K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from Egypt in 2022:

1. United Arab Emirates (2.3 tons)

Source: IndexBox Market Intelligence Platform