Report Update: Apr 1, 2024

Egypt - Iron Or Steel Plaited Bands And Slings - Market Analysis, Forecast, Size, Trends And Insights

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Steel Plaited Band Price in Egypt - 2023

Steel Plaited Band Price in Egypt (CIF) - 2022

In 2022, the average steel plaited band import price amounted to $6,358 per ton, with an increase of 22% against the previous year. Over the period under review, the import price enjoyed a notable expansion. The most prominent rate of growth was recorded in 2016 an increase of 110% against the previous year. As a result, import price reached the peak level of $6,991 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($6,358 per ton) and China ($6,358 per ton), while the price for the UK ($6,347 per ton) and the United States ($6,357 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Steel Plaited Band Price in Egypt (FOB) - 2022

In 2022, the average steel plaited band export price amounted to $6,710 per ton, with an increase of 2.5% against the previous year. In general, the export price, however, showed a mild decline. The pace of growth was the most pronounced in 2021 an increase of 66% against the previous year. The export price peaked at $7,813 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($6,711 per ton), while the average price for exports to Sudan amounted to $6,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+16.4%), while the prices for the other major destinations experienced a decline.

Steel Plaited Band Imports in Egypt

For the third year in a row, Egypt recorded decline in supplies from abroad of iron or steel plaited bands and slings, which decreased by -7% to 615 tons in 2022. In general, imports faced a significant curtailment.

In value terms, steel plaited band imports rose rapidly to $3.9M in 2022. Overall, imports continue to indicate a abrupt decline.

Import of Steel Plaited Band in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	865	469	764	1,599	22.7%
China	1,492	1,180	592	1,148	-8.4%
South Korea	77.1	28.6	48.0	404	73.7%
Russia	18.7	35.5	22.6	235	132.5%
Germany	369	882	152	179	-21.4%
Turkey	215	334	863	109	-20.3%
India	1,071	251	57.8	14.1	-76.4%
Tunisia	265	213	N/A	6.1	-71.6%
United Kingdom	1,383	114	4.1	1.7	-89.3%
Romania	185	92.4	0.2	N/A	-96.7%
Others	941	1,397	952	218	-38.6%
Total	6,883	4,996	3,455	3,913	-17.2%

Top Suppliers of Steel Plaited Band to Egypt in 2022:

Italy (251.4 tons)
China (180.5 tons)
South Korea (63.5 tons)
Russia (37.0 tons)
Germany (28.1 tons)
Turkey (17.2 tons)
India (2.2 tons)
Tunisia (1.0 tons)
United Kingdom (0.3 tons)

Steel Plaited Band Exports in Egypt

In 2022, overseas shipments of iron or steel plaited bands and slings decreased by -98.2% to 927 kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 503%. As a result, the exports attained the peak of 83 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, steel plaited band exports reduced dramatically to $6.2K in 2022. Over the period under review, exports showed a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 794% against the previous year.

Export of Steel Plaited Band in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	N/A	N/A	N/A	6.0	0%
Sudan	N/A	N/A	N/A	0.2	0%
Uganda	N/A	146	N/A	N/A	0%
United Arab Emirates	36.6	N/A	N/A	N/A	0%
Oman	N/A	16.3	222	N/A	1262.0%
Saudi Arabia	N/A	164	23.1	N/A	-85.9%
Ghana	N/A	N/A	89.3	N/A	0%
Others	N/A	0.1	N/A	N/A	0%
Total	36.6	327	335	6.2	-44.7%

Top Export Markets for Steel Plaited Band from Egypt in 2022:

France (897.0 kg)
Sudan (30.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steel plaited band 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 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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