Egypt: Market for Aluminium Casks, Drums, Cans, Boxes and Similar Containers 2024

Market Size for Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Egypt

In 2022, the Egyptian market for aluminium casks, drums, cans, boxes and similar containers increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, showed strong growth. Over the period under review, the market hit record highs at $X in 2018; afterwards, it flattened through to 2022.

Production of Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Egypt

In value terms, production of aluminium casks, drums, cans, boxes and similar containers stood at $X in 2022 estimated in export price. In general, production, however, showed a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Production of peaked at $X in 2018; afterwards, it flattened through to 2022.

Exports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers

Exports from Egypt

In 2022, exports of aluminium casks, drums, cans, boxes and similar containers from Egypt declined sharply to X units, waning by X% on the previous year's figure. Overall, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers shrank rapidly to $X in 2022. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Libya (X units) was the main destination for exports of aluminium casks, drums, cans, boxes and similar containers from Egypt, with a X% share of total exports. Moreover, exports of aluminium casks, drums, cans, boxes and similar containers to Libya exceeded the volume sent to the second major destination, Italy (X units), sevenfold. Morocco (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Libya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Morocco (X% per year).

In value terms, Libya ($X) remains the key foreign market for aluminium casks, drums, cans, boxes and similar containers exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with an X% share of total exports. It was followed by Morocco, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Libya stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Morocco (X% per year).

Export Prices by Country

The average export price for aluminium casks, drums, cans, boxes and similar containers stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($X per unit) and Libya ($X per unit), while the average price for exports to Italy ($X per unit) and Tunisia ($X per unit) were amongst the lowest.

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

Imports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers

Imports into Egypt

In 2022, overseas purchases of aluminium casks, drums, cans, boxes and similar containers were finally on the rise to reach X units after two years of decline. Overall, imports, however, continue to indicate a abrupt descent. Over the period under review, imports of attained the maximum at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers surged to $X in 2022. In general, imports, however, recorded a perceptible shrinkage. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Jordan (X units), Spain (X units) and France (X units) were the main suppliers of imports of aluminium casks, drums, cans, boxes and similar containers to Egypt, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X), Spain ($X) and France ($X) appeared to be the largest aluminium cask, drum, can, box and similar container suppliers to Egypt, together accounting for X% of total imports. Germany, Turkey, Saudi Arabia and Greece lagged somewhat behind, together accounting for a further X%.

Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for aluminium casks, drums, cans, boxes and similar containers amounted to $X per unit, rising by X% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% 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 casks, drums, cans, boxes and similar containers increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked in 2022 and is likely to continue 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 Saudi Arabia ($X per unit) and Greece ($X per unit), while the price for France ($X per unit) and Spain ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :