Egypt: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Egypt

The Egyptian market for nets of twine, cordage, rope or textile materials reduced dramatically to $X in 2022, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt setback. Twine, cordage or textile net consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Egypt

Twine, cordage or textile net exports from Egypt reached X tons in 2022, growing by X% against 2021. Overall, exports, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, twine, cordage or textile net exports expanded significantly to $X in 2022. In general, exports, however, recorded a slight setback. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Libya (X tons), Italy (X tons) and Yemen (X tons) were the main destinations of twine, cordage or textile net exports from Egypt, with a combined X% share of total exports. Sudan, Saudi Arabia, Kenya and Kuwait lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Libya ($X), Italy ($X) and Yemen ($X) were the largest markets for twine, cordage or textile net exported from Egypt worldwide, together comprising X% of total exports. Sudan, Saudi Arabia, Kenya and Kuwait lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Kenya, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, which is down by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Kenya ($X per ton) and Libya ($X per ton), while the average price for exports to Italy ($X per ton) and Yemen ($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 Yemen (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Egypt

In 2022, purchases abroad of nets of twine, cordage, rope or textile materials decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, twine, cordage or textile net imports declined rapidly to $X in 2022. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Thailand (X tons), China (X tons) and Vietnam (X tons) were the main suppliers of twine, cordage or textile net imports to Egypt, with a combined X% share of total imports. Turkey, the United Arab Emirates, Germany and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest twine, cordage or textile net suppliers to Egypt were Thailand ($X), China ($X) and Vietnam ($X), together accounting for X% of total imports. Turkey, the United Arab Emirates, Germany and India lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded 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

The average import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price saw a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per ton) and India ($X per ton), while the price for Germany ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :