Egypt: Articles Of Gut Market 2022

Articles Of Gut Market Size in Egypt

In 2021, the Egyptian articles of gut market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, saw a relatively flat trend pattern. Articles of gut consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Articles Of Gut Production in Egypt

In value terms, articles of gut production fell modestly to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Articles of gut production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Articles Of Gut Exports

Exports from Egypt

In 2021, shipments abroad of articles of gut, goldbeater’s skin, bladders or tendons was finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, articles of gut exports amounted to $X in 2021. Overall, exports, however, continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for articles of gut exports from Egypt, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at +X%.

In value terms, Italy ($X) also remains the key foreign market for articles of gut exports from Egypt.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

In 2021, the average articles of gut export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to -X% per year.

Articles Of Gut Imports

Imports into Egypt

In 2021, purchases abroad of articles of gut, goldbeater’s skin, bladders or tendons increased by X% to X kg for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X kg in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, articles of gut imports fell modestly to $X in 2021. Overall, imports posted a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X kg) constituted the largest articles of gut supplier to Egypt, with a X% share of total imports. Moreover, articles of gut imports from China exceeded the figures recorded by the second-largest supplier, France (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Germany (-X% per year).

In value terms, China ($X) constituted the largest supplier of articles of gut to Egypt, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average articles of gut import price stood at $X per ton in 2021, waning by -X% against the previous year. Overall, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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