Egypt: Market for Sanitary Ware And Parts Of Iron Or Steel 2024

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Egypt

The Egyptian market for sanitary ware and parts of iron or steel expanded to $X in 2022, with an increase of X% against the previous year. Over the period under review, the total consumption indicated tangible growth 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 decreased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Sanitary Ware And Parts Of Iron Or Steel in Egypt

In value terms, iron or steel sanitary ware production rose modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated temperate growth 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 decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Iron or steel sanitary ware production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports from Egypt

In 2022, overseas shipments of sanitary ware and parts of iron or steel increased by X% to X units, rising for the second consecutive year after eight years of decline. Over the period under review, exports, however, continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. 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 sanitary ware exports skyrocketed to $X in 2022. In general, exports, however, faced a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Djibouti (X units) was the main destination for iron or steel sanitary ware exports from Egypt, accounting for a X% share of total exports. Moreover, iron or steel sanitary ware exports to Djibouti exceeded the volume sent to the second major destination, Iraq (X units), twofold. Kuwait (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Djibouti ($X) emerged as the key foreign market for sanitary ware and parts of iron or steel exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Iraq ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

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

Export Prices by Country

The average export price for sanitary ware and parts of iron or steel stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, saw a strong increase. The growth pace was the most rapid in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then shrank in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Sudan ($X per unit) and Kuwait ($X per unit), while the average price for exports to Germany ($X per unit) and Iraq ($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 Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports into Egypt

In 2022, purchases abroad of sanitary ware and parts of iron or steel decreased by X% to X units, falling for the third year in a row after three years of growth. In general, total imports indicated a pronounced increase from 2012 to 2022: its volume 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, iron or steel sanitary ware imports reduced rapidly to $X in 2022. Over the period under review, total imports indicated strong growth 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, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest iron or steel sanitary ware supplier to Egypt, with a X% share of total imports. Moreover, iron or steel sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), sixfold. The third position in this ranking was held by the United Arab Emirates (X units), with a X% share.

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

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

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

Import Prices by Country

In 2022, the average import price for sanitary ware and parts of iron or steel amounted to $X per unit, increasing by X% against the previous year. Over the period under review, import price indicated a temperate 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, iron or steel sanitary ware import price increased by X% against 2014 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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 United States ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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