Egypt: Uncoated Felt Paper Market 2024

Uncoated Felt Paper Market Size in Egypt

The Egyptian uncoated felt paper market soared to $X in 2022, with an increase of 153% against the previous year. In general, consumption recorded a significant increase. Uncoated felt paper consumption peaked in 2022 and is expected to retain growth in the near future.

Uncoated Felt Paper Production in Egypt

In value terms, uncoated felt paper production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 89% against the previous year. Uncoated felt paper production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Uncoated Felt Paper Exports

Exports from Egypt

Uncoated felt paper exports from Egypt dropped dramatically to X tons in 2022, which is down by -34.3% compared with 2021 figures. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 561,582%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, uncoated felt paper exports shrank markedly to $X in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 503,495%. The exports peaked at $X in 2021, and then dropped markedly in the following year.

Exports by Country

Palestine (X tons), Algeria (X tons) and Yemen (X tons) were the main destinations of uncoated felt paper exports from Egypt, with a combined 68% share of total exports. Tunisia, Jordan, Tanzania, the United Arab Emirates and Saudi Arabia lagged somewhat behind, together comprising a further 20%.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of +118.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for uncoated felt paper exported from Egypt were Palestine ($X), Algeria ($X) and Yemen ($X), together comprising 68% of total exports. Tunisia, Jordan, Tanzania, the United Arab Emirates and Saudi Arabia lagged somewhat behind, together comprising a further 20%.

Among the main countries of destination, Tanzania, with a CAGR of +100.3%, saw 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 uncoated felt paper export price amounted to $X per ton, with a decrease of -17.9% against the previous year. In general, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 213%. The export price peaked at $X per ton in 2021, and then declined significantly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tanzania ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Yemen ($X per ton) and Tunisia ($X per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+56.0%), while the prices for the other major destinations experienced more modest paces of growth.

Uncoated Felt Paper Imports

Imports into Egypt

In 2022, overseas purchases of uncoated felt paper and paperboard increased by 91% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,199%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, uncoated felt paper imports soared to $X in 2022. In general, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 484% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest uncoated felt paper supplier to Egypt, with a 81% share of total imports. Moreover, uncoated felt paper imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia totaled +28.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+82.5% per year) and Italy (-8.1% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of uncoated felt paper and paperboard to Egypt, comprising 81% of total imports. The second position in the ranking was taken by China ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia stood at +37.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+49.8% per year) and Italy (-14.6% per year).

Import Prices by Country

The average uncoated felt paper import price stood at $X per ton in 2022, picking up by 19% against the previous year. Overall, the import price, however, saw a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 169% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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