Egypt: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Egypt

The Egyptian market for boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021, rising by 24% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Egypt

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 34%. Production of peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from Egypt

In 2021, after two years of decline, there was significant growth in overseas shipments of boards, sheets, panels, tiles and similar articles of plaster not faced, when their volume increased by 40,460% to X square meters. Overall, exports recorded a remarkable increase. Over the period under review, the exports of hit record highs at X square meters in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. In general, exports recorded prominent growth. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Nigeria (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Egypt, with a 68% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to Nigeria exceeded the volume sent to the second major destination, Libya (X square meters), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nigeria totaled +41.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+6.5% per year) and Madagascar (0.0% per year).

From 2012 to 2021, the average annual rate of growth in terms of value to Nigeria amounted to +33.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+7.6% per year) and Madagascar (0.0% per year).

Export Prices by Country

In 2021, the average export price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, growing by 67% against the previous year. Over the period under review, the export price showed a modest increase. The most prominent rate of growth was recorded in 2020 an increase of 207%. The export price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Madagascar ($X per square meter), while the average price for exports to Nigeria ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+44.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into Egypt

In 2021, overseas purchases of boards, sheets, panels, tiles and similar articles of plaster not faced increased by 46% to X square meters, rising for the second year in a row after four years of decline. Over the period under review, imports, however, faced a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 77% against the previous year. Over the period under review, imports of attained the peak figure at X square meters in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. In general, imports, however, recorded a drastic downturn. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X square meters), Italy (X square meters) and China (X square meters) were the main suppliers of imports of boards, sheets, panels, tiles and similar articles of plaster not faced to Egypt, together comprising 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +38.3%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X), Italy ($X) and China ($X) constituted the largest board, sheet, panel, tile and similar article of plaster not faced suppliers to Egypt, with a combined 95% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +36.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average import price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, increasing by 4.7% against the previous year. In general, the import price, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 61% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Italy ($X per square meter) and Germany ($X per square meter), while the price for China ($X per square meter) and Turkey ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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