Egypt: Aluminium Alloy Wire Market 2025

Aluminium Alloy Wire Market Size in Egypt

The Egyptian aluminium alloy wire market shrank notably to $X in 2022, with a decrease of -21% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted sharply in the following year.

Aluminium Alloy Wire Production in Egypt

In value terms, aluminium alloy wire production totaled $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 83%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Aluminium Alloy Wire Exports

Exports from Egypt

In 2022, after two years of decline, there was significant growth in shipments abroad of aluminium alloy wire, when their volume increased by 9.3% to X tons. In general, exports, however, continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 77% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, aluminium alloy wire exports rose markedly to $X in 2022. Over the period under review, exports, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 when exports increased by 90% 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

Morocco (X tons) and Italy (X tons) were the main destinations of aluminium alloy wire exports from Egypt.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +22.6%).

In value terms, Morocco ($X) and Italy ($X) constituted the largest markets for aluminium alloy wire exported from Egypt worldwide.

Morocco, with a CAGR of +19.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average aluminium alloy wire export price stood at $X per ton in 2022, declining by -2.4% against the previous year. Overall, the export price saw a noticeable setback. The growth pace was the most rapid in 2020 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Italy totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (-2.5%), while the prices for the other major destinations experienced a decline.

Aluminium Alloy Wire Imports

Imports into Egypt

Aluminium alloy wire imports into Egypt amounted to X tons in 2022, surging by 7.5% compared with the previous year's figure. In general, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 35% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, aluminium alloy wire imports totaled $X in 2022. Overall, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2019 when imports increased by 39% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Bahrain (X tons) constituted the largest aluminium alloy wire supplier to Egypt, with a 44% share of total imports. Moreover, aluminium alloy wire imports from Bahrain exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. China (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Bahrain totaled -12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+63.6% per year) and China (+34.2% per year).

In value terms, Bahrain ($X), Spain ($X) and China ($X) were the largest aluminium alloy wire suppliers to Egypt, together comprising 70% of total imports.

Spain, with a CAGR of +63.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average aluminium alloy wire import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18%. The import price peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

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 Netherlands ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform