Egypt: Corrugated Paper Market 2024

Corrugated Paper Market Size in Egypt

The Egyptian corrugated paper market expanded sharply to $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated a mild expansion from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Corrugated Paper Production in Egypt

In value terms, corrugated paper production expanded notably to $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight increase from 2012 to 2022: its value 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, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. Corrugated paper production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Corrugated Paper Exports

Exports from Egypt

In 2022, the amount of corrugated paper and paperboard exported from Egypt shrank notably to X tons, waning by X% on 2021 figures. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, corrugated paper exports declined sharply to $X in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Senegal (X tons) was the main destination for corrugated paper exports from Egypt, with a X% share of total exports. Moreover, corrugated paper exports to Senegal exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Senegal was relatively modest.

In value terms, Senegal ($X) emerged as the key foreign market for corrugated paper and paperboard exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Senegal was relatively modest.

Export Prices by Country

In 2022, the average corrugated paper export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price posted a modest expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Senegal stood at $X per ton.

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

Corrugated Paper Imports

Imports into Egypt

In 2022, approx. X tons of corrugated paper and paperboard were imported into Egypt; reducing by X% compared with the previous year's figure. Over the period under review, imports showed a pronounced downturn. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, corrugated paper imports contracted notably to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of corrugated paper to Egypt, accounting for a X% share of total imports. Moreover, corrugated paper imports from Italy exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold. Jordan (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Jordan (X% per year).

In value terms, Italy ($X) constituted the largest supplier of corrugated paper and paperboard to Egypt, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and the UK (X% per year).

Import Prices by Country

The average corrugated paper import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, import price indicated a tangible 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, corrugated paper import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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