Egypt: Market for Iron or Steel Cans 2024

Market Size for Iron or Steel Cans in Egypt

The Egyptian iron or steel can market amounted to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Iron or Steel Cans in Egypt

In value terms, iron or steel can production rose remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Iron or Steel Cans

Exports from Egypt

In 2022, the amount of iron or steel cans exported from Egypt skyrocketed to X units, with an increase of X% on the previous year's figure. Overall, exports, however, saw a sharp contraction. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, iron or steel can exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a abrupt decrease. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Libya (X units) was the main destination for iron or steel can exports from Egypt, accounting for a X% share of total exports. Moreover, iron or steel can exports to Libya exceeded the volume sent to the second major destination, Saudi Arabia (X units), threefold. Syrian Arab Republic (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Libya amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Syrian Arab Republic (X% per year).

In value terms, Libya ($X) emerged as the key foreign market for iron or steel cans exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Syrian Arab Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Libya stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Syrian Arab Republic (X% per year).

Export Prices by Country

The average iron or steel can export price stood at $X per unit in 2022, picking up by X% against the previous year. In general, export price indicated notable growth 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, iron or steel can export price increased by X% against 2019 indices. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per unit) and Libya ($X per unit), while the average price for exports to Syrian Arab Republic ($X per unit) and Kenya ($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 Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cans

Imports into Egypt

In 2022, the amount of iron or steel cans imported into Egypt fell sharply to X units, reducing by X% compared with the previous year. Overall, imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, iron or steel can imports contracted to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X units) was the main iron or steel can supplier to Egypt, accounting for a X% share of total imports. It was followed by Israel (X units), with a X% share of total imports. The third position in this ranking was taken by China (X units), with a X% share.

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

In value terms, Turkey ($X) constituted the largest supplier of iron or steel cans to Egypt, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by China, with a X% share.

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

Import Prices by Country

In 2022, the average iron or steel can import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price showed a modest expansion. 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 immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per unit) and Saudi Arabia ($X per unit), while the price for Italy ($X per unit) and Israel ($X per unit) were 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 more modest paces of growth.

Source: IndexBox Platform

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