Egypt: Base Metal Padlock Market 2025

Base Metal Padlock Market Size in Egypt

In 2022, the Egyptian base metal padlock market decreased by -12.5% to $X, falling for the third year in a row after five years of growth. In general, consumption, however, enjoyed a notable expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Base Metal Padlock Exports

Exports from Egypt

Base metal padlock exports from Egypt surged to X tons in 2022, picking up by 19% against the previous year. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 113%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, base metal padlock exports expanded notably to $X in 2022. In general, exports enjoyed a strong expansion. The growth pace was the most rapid in 2020 when exports increased by 181% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons), Lebanon (X tons) and Sudan (X kg) were the main destinations of base metal padlock exports from Egypt, with a combined 91% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +33.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Lebanon ($X), Saudi Arabia ($X) and Sudan ($X) were the largest markets for base metal padlock exported from Egypt worldwide, together comprising 81% of total exports. China, the United Arab Emirates and Jordan lagged somewhat behind, together accounting for a further 15%.

In terms of the main countries of destination, China, with a CAGR of +38.7%, 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 base metal padlock export price amounted to $X per ton, declining by -8.5% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 118%. The export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Padlock Imports

Imports into Egypt

In 2022, purchases abroad of base metal padlocks decreased by -11.7% to X tons, falling for the third consecutive year after six years of growth. In general, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 145% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, base metal padlock imports reduced to $X in 2022. Overall, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of 58%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main base metal padlock supplier to Egypt, with a approx. 97% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +16.2%.

In value terms, China ($X) constituted the largest supplier of base metal padlocks to Egypt.

From 2012 to 2022, the average annual growth rate of value from China totaled -4.1%.

Import Prices by Country

In 2022, the average base metal padlock import price amounted to $X per ton, with a decrease of -2.5% against the previous year. Overall, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2021 an increase of 49%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -1.1% per year.

Source: IndexBox Platform

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