Egypt: Book Cover Market 2024

Book Cover Market Size in Egypt

The Egyptian book cover market expanded slightly to $X in 2022, picking up by 2% against the previous year. In general, consumption continues to indicate a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Book Cover Production in Egypt

In value terms, book cover production amounted to $X in 2022 estimated in export price. Overall, production recorded a drastic downturn. The pace of growth was the most pronounced in 2019 when the production volume increased by 11% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Book Cover Exports

Exports from Egypt

After two years of decline, overseas shipments of blotting pads and book covers increased by 55% to X tons in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 865% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, book cover exports rose sharply to $X in 2022. In general, exports enjoyed buoyant growth. The growth pace was the most rapid in 2013 with an increase of 512% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons), Sudan (X tons) and France (X tons) were the main destinations of book cover exports from Egypt, with a combined 91% share of total exports. These countries were followed by Germany, which accounted for a further 7.8%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +390.5%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), France ($X) and Sudan ($X) constituted the largest markets for book cover exported from Egypt worldwide, with a combined 89% share of total exports. These countries were followed by Germany, which accounted for a further 10%.

Germany, with a CAGR of +341.6%, recorded 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, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average book cover export price amounted to $X per ton, which is down by -31.2% against the previous year. Overall, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 850% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Sudan ($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 Jordan (+54.9%), while the prices for the other major destinations experienced more modest paces of growth.

Book Cover Imports

Imports into Egypt

In 2022, purchases abroad of blotting pads and book covers increased by 625% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, imports showed a relatively flat trend pattern. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, book cover imports surged to $X in 2022. Overall, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest book cover supplier to Egypt, accounting for a 63% share of total imports. Moreover, book cover imports from India exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fivefold. China (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +199.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+11.4% per year) and China (-15.8% per year).

In value terms, India ($X) constituted the largest supplier of blotting pads and book covers to Egypt, comprising 63% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 13% share of total imports. It was followed by China, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +141.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+7.8% per year) and China (-6.6% per year).

Import Prices by Country

In 2022, the average book cover import price amounted to $X per ton, dropping by -7.6% against the previous year. In general, the import price, however, recorded resilient growth. The growth pace was the most rapid in 2013 an increase of 68% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and India ($X per ton), while the price for Spain ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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