Egypt - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEgypt: Abrasives Market 2024
Abrasives Market Size in Egypt
The Egyptian abrasives market soared to $X in 2021, jumping by 30% 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). In general, consumption showed a resilient increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Abrasives Exports
Exports from Egypt
In 2021, after two years of growth, there was significant decline in overseas shipments of abrasives (natural), when their volume decreased by -97.6% to X kg. Over the period under review, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2014 when exports increased by 1,469% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, abrasives exports contracted notably to $X in 2021. In general, exports showed a dramatic setback. The pace of growth was the most pronounced in 2014 when exports increased by 3,181% against the previous year. The exports peaked at $X in 2020, and then contracted notably in the following year.
Exports by Country
Italy (X kg) was the main destination for abrasives exports from Egypt, with a approx. 97% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Italy totaled -36.2%.
In value terms, Italy ($X) also remains the key foreign market for abrasives (natural) exports from Egypt.
From 2012 to 2021, the average annual growth rate of value to Italy totaled -17.8%.
Export Prices by Country
In 2021, the average abrasives export price amounted to $X per ton, increasing by 7.1% against the previous year. Overall, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2014 an increase of 109% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.
Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Sudan amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+28.9%), while the prices for the other major destinations experienced mixed trend patterns.
Abrasives Imports
Imports into Egypt
Abrasives imports into Egypt skyrocketed to X tons in 2021, with an increase of 39% compared with the previous year. Overall, imports posted strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 229% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, abrasives imports surged to $X in 2021. Over the period under review, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by 116% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Turkey (X tons) was the main supplier of abrasives to Egypt, accounting for a 90% share of total imports. It was followed by the United Arab Emirates (X tons), with a 2.8% share of total imports. Pakistan (X tons) ranked third in terms of total imports with a 2.1% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +33.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-4.4% per year) and Pakistan (+16.4% per year).
In value terms, Turkey ($X) constituted the largest supplier of abrasives (natural) to Egypt, comprising 84% of total imports. The second position in the ranking was held by Australia ($X), with a 2.9% share of total imports. It was followed by India, with a 2.4% share.
From 2012 to 2021, the average annual growth rate of value from Turkey stood at +28.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+1.7% per year) and India (-7.2% per year).
Import Prices by Country
The average abrasives import price stood at $X per ton in 2021, shrinking by -9.9% against the previous year. Over the period under review, the import price saw a slight slump. The growth pace was the most rapid in 2020 when the average import price increased by 47% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Australia ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the abrasives market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives
- Prodcom 08992220 -
- Prodcom 08992230 -
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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