Price for Railway or Tramway Track Constructions of Iron or Steel in Egypt - 2024

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Egypt (CIF) - 2024
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Egypt (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Egypt
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Egypt

Price for Railway or Tramway Track Constructions of Iron or Steel in Egypt (CIF) - 2024

In December 2023, the average import price for railway or tramway track constructions of iron or steel amounted to $3,304 per ton, picking up by 31% against the previous month. Overall, the import price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in October 2023 an increase of 212% m-o-m. As a result, import price attained the peak level of $4,731 per ton. From November 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($5,798 per ton), while the price for Luxembourg ($1,501 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (+56.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Egypt (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $1,931 per ton in 2022, with a decrease of -31% against the previous year. Over the period under review, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 an increase of 187% against the previous year. Over the period under review, the average export prices attained the maximum at $3,126 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($3,211 per ton), while the average price for exports to Saudi Arabia ($1,405 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Egypt

In 2022, imports of railway or tramway track constructions of iron or steel into Egypt reduced rapidly to 20K tons, declining by -39.4% on the previous year. Overall, imports, however, saw a mild increase. The pace of growth was the most pronounced in 2021 with an increase of 187% against the previous year. As a result, imports reached the peak of 33K tons, and then reduced remarkably in the following year.

In value terms, imports of railway or tramway track constructions of iron or steel reduced dramatically to $47M in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 281% against the previous year. As a result, imports reached the peak of $59M, and then reduced sharply in the following year.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Egypt in 2022:

1. Italy (10.8K tons)
2. France (3.8K tons)
3. Austria (1.1K tons)
4. Spain (1.0K tons)
5. Russia (0.9K tons)
6. Germany (0.7K tons)
7. China (0.5K tons)
8. Romania (0.4K tons)
9. Czech Republic (0.2K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Egypt

Exports of railway or tramway track constructions of iron or steel from Egypt soared to 324 tons in 2022, growing by 1,202% on the year before. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of railway or tramway track constructions of iron or steel skyrocketed to $625K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Egypt in 2022:

1. Togo (218.8 tons)
2. Kenya (86.5 tons)
3. Saudi Arabia (16.7 tons)

Source: IndexBox Market Intelligence Platform