Report Update Nov 1, 2024

Egypt - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Artificial Corundum Market 2024

Artificial Corundum Market Size in Egypt

After two years of growth, the Egyptian artificial corundum market decreased by -83.3% to $X in 2021. In general, consumption continues to indicate a deep setback. Artificial corundum consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Artificial Corundum Exports

Exports from Egypt

In 2021, after two years of decline, there was significant growth in overseas shipments of artificial corundum, when their volume increased by 163% to X tons. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 414% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, artificial corundum exports skyrocketed to $X in 2021. Overall, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of 188%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Greece (X tons) was the main destination for artificial corundum exports from Egypt, with a approx. 50% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Greece stood at +37.0%.

In value terms, Greece ($X) also remains the key foreign market for artificial corundum exports from Egypt.

From 2012 to 2021, the average annual growth rate of value to Greece stood at +7.0%.

Export Prices by Country

The average artificial corundum export price stood at $X per ton in 2021, waning by -9.6% against the previous year. Overall, the export price showed a dramatic contraction. The most prominent rate of growth was recorded in 2019 when the average export price decreased by -3.5%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2021, the rate of growth in terms of prices for Greece amounted to -21.9% per year.

Artificial Corundum Imports

Imports into Egypt

Artificial corundum imports into Egypt dropped notably to X tons in 2021, reducing by -81.3% compared with the year before. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 when imports increased by 415% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, artificial corundum imports contracted notably to $X in 2021. Over the period under review, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 349%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) constituted the largest supplier of artificial corundum to Egypt, accounting for a 79% share of total imports. Moreover, artificial corundum imports from Brazil exceeded the figures recorded by the second-largest supplier, Romania (X tons), more than tenfold. The third position in this ranking was taken by France (X tons), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil amounted to +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (0.0% per year) and France (-24.5% per year).

In value terms, Brazil ($X) constituted the largest supplier of artificial corundum to Egypt, comprising 73% of total imports. The second position in the ranking was taken by Romania ($X), with a 5.5% share of total imports. It was followed by France, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value from Brazil stood at +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (0.0% per year) and France (-23.7% per year).

Import Prices by Country

In 2021, the average artificial corundum import price amounted to $X per ton, with an increase of 3% against the previous year. In general, the import price, however, saw a perceptible slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 40%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Romania ($X per ton) and Germany ($X per ton), while the price for Brazil ($X per ton) and Bahrain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial corundum in the world?

The country with the largest volume of artificial corundum consumption was China, accounting for 25% of total volume. Moreover, artificial corundum consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Brazil ranked third in terms of total consumption with a 5.7% share.

What are the largest producers of artificial corundum in the world?

China remains the largest artificial corundum producing country worldwide, accounting for 43% of total volume. Moreover, artificial corundum production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Brazil ranked third in terms of total production with a 6% share.

What are the leading suppliers of artificial corundum to Egypt?

In value terms, the largest artificial corundum suppliers to Egypt were Romania, France and South Korea, together accounting for 47% of total imports. The United States, China, Bahrain and Germany lagged somewhat behind, together comprising a further 31%.

What are the leading importers of artificial corundum from Egypt?

In value terms, Greece remains the key foreign market for artificial corundum exports from Egypt.

What is the average export price for artificial corundum in Egypt?

In 2021, the average artificial corundum export price amounted to $654 per ton, surging by 4.8% against the previous year.

What is the average import price for artificial corundum in Egypt?

In 2021, the average artificial corundum import price amounted to $1,098 per ton, increasing by 7.1% against the previous year.

This report provides an in-depth analysis of the artificial corundum 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 23991500 - Artificial corundum (excluding mechanical mixtures)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023