Egypt: Aluminium Market Overview 2021

Aluminium Market Size in Egypt

The Egyptian aluminium market fell rapidly to $X in 2019, with a decrease of -X% against the previous year. In general, consumption showed a perceptible downturn. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2009 to 2019, the growth of the market remained at a lower figure.

Aluminium Production in Egypt

In value terms, aluminium production dropped sharply to $X in 2019 estimated in export prices. In general, production saw a slight downturn. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth failed to regain the momentum.

Aluminium Exports

Exports from Egypt

In 2019, approx. X tonnes of aluminium were exported from Egypt; growing by X% against the year before. In general, total exports indicated strong growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium exports soared to $X in 2019. Over the period under review, exports recorded perceptible growth. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Italy (X tonnes) was the main destination for aluminium exports from Egypt, accounting for a X% share of total exports. Moreover, aluminium exports to Italy exceeded the volume sent to the second major destination, Germany (X tonnes), sixfold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the Netherlands (+X% per year).

In value terms, Italy ($X) remains the key foreign market for aluminium exports from Egypt, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average aluminium export price stood at $X per tonne in 2019, declining by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2019, the countries with the highest prices were Germany ($X per tonne) and the Netherlands ($X per tonne), while the average price for exports to Turkey ($X per tonne) and Italy ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced a decline.

Aluminium Imports

Imports into Egypt

In 2019, imports of aluminium into Egypt plummeted to X tonnes, shrinking by -X% against the previous year's figure. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes, and then declined sharply in the following year.

In value terms, aluminium imports plummeted to $X in 2019. In general, imports, however, recorded resilient growth. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

Viet Nam (X tonnes), Bahrain (X tonnes) and Saudi Arabia (X tonnes) were the main suppliers of aluminium imports to Egypt, together comprising X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Viet Nam (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium suppliers to Egypt were Viet Nam ($X), Bahrain ($X) and Saudi Arabia ($X), with a combined X% share of total imports.

In terms of the main suppliers, Viet Nam (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average aluminium import price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2010 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2019, the countries with the highest prices were Bahrain ($X per tonne) and Saudi Arabia ($X per tonne), while the price for the United Arab Emirates ($X per tonne) and Viet Nam ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bahrain, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium in the world?

+

China (36M tonnes) remains the largest aluminium consuming country worldwide, accounting for 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. India (2.8M tonnes) ranked third in terms of total consumption with a 4.1% share.

What are the largest producers of aluminium in the world?

+

China (36M tonnes) remains the largest aluminium producing country worldwide, comprising approx. 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. The third position in this ranking was occupied by Russia (3.6M tonnes), with a 5.4% share.

What are the leading suppliers of aluminium to Egypt?

+

In value terms, Viet Nam ($28M), Bahrain ($24M) and Saudi Arabia ($7.6M) constituted the largest aluminium suppliers to Egypt, together accounting for 89% of total imports.

What are the leading importers of aluminium from Egypt?

+

In value terms, Italy ($167M) remains the key foreign market for aluminium exports from Egypt, comprising 73% of total exports. The second position in the ranking was occupied by Germany ($31M), with a 13% share of total exports. It was followed by the Netherlands, with a 8% share.

What is the average export price for aluminium in Egypt?

+

The average aluminium export price stood at $1,997 per tonne in 2019, declining by -18.7% against the previous year.

What is the average import price for aluminium in Egypt?

+

The average aluminium import price stood at $2,387 per tonne in 2019, approximately equating the previous year.