Egypt: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2024

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Egypt

In 2022, the Egyptian solid vulcanised rubber sheet market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, the total consumption indicated a mild 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, consumption increased by X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports from Egypt

In 2022, after two years of decline, there was significant growth in shipments abroad of plates, sheets, strips for floor covering of solid vulcanised rubber, when their volume increased by X% to X tons. Over the period under review, exports, however, showed a pronounced setback. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, solid vulcanised rubber sheet exports surged to $X in 2022. Overall, exports saw a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons), Morocco (X tons) and Cote d'Ivoire (X tons) were the main destinations of solid vulcanised rubber sheet exports from Egypt, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for solid vulcanised rubber sheet exported from Egypt were Spain ($X), Morocco ($X) and Cote d'Ivoire ($X), together accounting for X% of total exports.

Among the main countries of destination, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to 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 solid vulcanised rubber sheet export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price posted a buoyant expansion. 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 reached the maximum in 2022 and is likely to continue growth in the immediate term.

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

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports into Egypt

After two years of decline, purchases abroad of plates, sheets, strips for floor covering of solid vulcanised rubber increased by X% to X tons in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, solid vulcanised rubber sheet imports rose notably to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of solid vulcanised rubber sheet imports to Egypt, with a combined X% share of total imports. Germany, Turkey, Taiwan (Chinese), the UK, Sri Lanka, France, India, Malaysia, Poland and Thailand lagged somewhat behind, together comprising a further X%.

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

In value terms, China ($X), the United States ($X) and Italy ($X) appeared to be the largest solid vulcanised rubber sheet suppliers to Egypt, with a combined X% share of total imports. Germany, Turkey, Sri Lanka, Taiwan (Chinese), the UK, France, India, Malaysia, Poland and Thailand lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average solid vulcanised rubber sheet import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sri Lanka ($X per ton) and Turkey ($X per ton), while the price for Thailand ($X per ton) and the UK ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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