Egypt: Market for Wood Pellets And Other Agglomerates 2024

Market Size for Wood Pellets And Other Agglomerates in Egypt

The Egyptian market for wood pellets and other agglomerates rose to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Wood Pellets And Other Agglomerates in Egypt

In value terms, wood pellets and other agglomerates production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. Wood pellets and other agglomerates production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Wood Pellets And Other Agglomerates

Exports from Egypt

In 2022, approx. X tons of wood pellets and other agglomerates were exported from Egypt; surging by X% compared with 2021. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood pellets and other agglomerates exports skyrocketed to $X in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for wood pellets and other agglomerates exports from Egypt, with a X% share of total exports. Moreover, wood pellets and other agglomerates exports to Italy exceeded the volume sent to the second major destination, Cyprus (X tons), twofold. The third position in this ranking was taken by Greece (X tons), with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and Greece (X% per year).

In value terms, Italy ($X) remains the key foreign market for wood pellets and other agglomerates exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Cyprus ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2015 to 2022, the average annual growth rate of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and Greece (X% per year).

Export Prices by Country

In 2022, the average export price for wood pellets and other agglomerates amounted to $X per ton, surging by X% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cyprus ($X per ton) and Hungary ($X per ton), while the average price for exports to Italy ($X per ton) and Greece ($X per ton) were amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood Pellets And Other Agglomerates

Imports into Egypt

For the third consecutive year, Egypt recorded growth in overseas purchases of wood pellets and other agglomerates, which increased by X% to X tons in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, wood pellets and other agglomerates imports skyrocketed to $X in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest wood pellets and other agglomerates supplier to Egypt, with a X% share of total imports. Moreover, wood pellets and other agglomerates imports from Vietnam exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold.

From 2013 to 2022, the average annual rate of growth in terms of volume from Vietnam was relatively modest.

In value terms, Vietnam ($X) constituted the largest supplier of wood pellets and other agglomerates to Egypt, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from Vietnam was relatively modest.

Import Prices by Country

In 2022, the average import price for wood pellets and other agglomerates amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a mild decline. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 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 Vietnam ($X per ton), while the price for India totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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