Report Update: May 1, 2024

Egypt - Worked Articles Of Wax - Market Analysis, Forecast, Size, Trends And Insights

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Worked Wax Articles Price in Egypt - 2023

Worked Wax Articles Price in Egypt (CIF) - 2022

The average worked wax articles import price stood at $7.4 per thousand units in 2022, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2014 an increase of 36% against the previous year. Over the period under review, average import prices hit record highs at $8.7 per thousand units in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($7.4 per thousand units) and Spain ($7.4 per thousand units), while the price for France ($7.4 per thousand units) and Belgium ($7.4 per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Worked Wax Articles Price in Egypt (FOB) - 2022

The average worked wax articles export price stood at $5.9 per thousand units in 2022, rising by 40% against the previous year. Over the period under review, the export price, however, continues to indicate a slight descent. The growth pace was the most rapid in 2018 an increase of 309% against the previous year. Over the period under review, the average export prices hit record highs at $7.3 per thousand units in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($6.8 per thousand units), while the average price for exports to Spain ($1.9 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+89.2%), while the prices for the other major destinations experienced more modest paces of growth.

Worked Wax Articles Imports in Egypt

Worked wax articles imports into Egypt soared to 1.3B units in 2022, with an increase of 20% on 2021 figures. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of 1.4B units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, worked wax articles imports soared to $9.6M in 2022. The total import value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Worked Wax Articles in Egypt (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	1.4	2.6	2.7	4.0	41.9%
Belgium	4.6	6.4	3.6	3.6	-7.8%
France	0.9	0.9	0.8	1.1	6.9%
Vietnam	N/A	0.2	0.2	0.4	41.4%
Spain	N/A	N/A	N/A	0.3	0%
Others	0.2	0.1	0.6	0.2	0.0%
Total	7.1	10.2	7.9	9.6	10.6%

Top Suppliers of Worked Wax Articles to Egypt in 2022:

India (544.7M units)
Belgium (483.3M units)
France (151.4M units)
Vietnam (50.3M units)
Spain (44.0M units)

Worked Wax Articles Exports in Egypt

In 2022, approx. 28M units of worked articles of wax were exported from Egypt; dropping by -49.7% compared with 2021 figures. Overall, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 147%. The exports peaked at 59M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, worked wax articles exports contracted remarkably to $168K in 2022. Over the period under review, exports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 44%. The exports peaked at $354K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Worked Wax Articles in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sudan	342	82.8	132	118	-29.9%
Yemen	12.4	41.8	22.8	32.5	37.9%
Spain	N/A	N/A	N/A	10.1	0%
Jordan	N/A	0.7	N/A	7.6	229.5%
Oman	N/A	N/A	8.7	N/A	0%
United Arab Emirates	N/A	N/A	2.3	N/A	0%
Italy	N/A	31.1	N/A	N/A	0%
Saudi Arabia	N/A	5.8	19.2	N/A	231.0%
Others	N/A	3.6	54.3	N/A	1408.3%
Total	354	166	239	168	-22.0%

Top Export Markets for Worked Wax Articles from Egypt in 2022:

Sudan (17.3M units)
Spain (5.2M units)
Yemen (4.8M units)
Jordan (1.1M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the worked wax articles 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 32995940 - Worked vegetable or mineral..., moulded... articles of wax, s tearin,

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