Egypt: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Egypt

In 2022, the Egyptian medical gel preparations market decreased by X% to $X, falling for the sixth year in a row after two years of growth. In general, consumption, however, recorded a slight shrinkage. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Medical Gel Preparations Production in Egypt

In value terms, medical gel preparations production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Medical gel preparations production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

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Medical Gel Preparations Exports

Exports from Egypt

In 2022, approx. X tons of gel preparations for human or veterinary medicine were exported from Egypt; reducing by X% on 2021. In general, exports, however, saw a slight expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, medical gel preparations exports fell markedly to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for medical gel preparations exports from Egypt, with a X% share of total exports. Moreover, medical gel preparations exports to the UK exceeded the volume sent to the second major destination, Italy (X tons), sevenfold. The third position in this ranking was held by Iraq (X kg), with a X% share.

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

In value terms, the UK ($X) remains the key foreign market for gel preparations for human or veterinary medicine exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with an X% share of total exports. It was followed by Iraq, with a X% share.

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

Export Prices by Country

In 2022, the average medical gel preparations export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price showed strong growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

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

Medical Gel Preparations Imports

Imports into Egypt

In 2022, the amount of gel preparations for human or veterinary medicine imported into Egypt surged to X tons, growing by X% against the previous year. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, medical gel preparations imports reached $X in 2022. Over the period under review, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of medical gel preparations to Egypt, with a X% share of total imports. Moreover, medical gel preparations imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Italy ($X), China ($X) and Ireland ($X) appeared to be the largest medical gel preparations suppliers to Egypt, together accounting for X% of total imports.

Ireland, with a CAGR of X%, saw 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 medical gel preparations import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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