Egypt: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Egypt

The Egyptian market for building blocks and bricks of cement, concrete or artificial stone was estimated at $X in 2021, remaining constant against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Consumption of peaked at $X in 2019; afterwards, it flattened through to 2021.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Egypt

In value terms, production of building blocks and bricks of cement, concrete or artificial stone reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by 8% against the previous year. Production of peaked at $X in 2019; afterwards, it flattened through to 2021.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Egypt

In 2021, after two years of decline, there was significant growth in shipments abroad of building blocks and bricks of cement, concrete or artificial stone, when their volume increased by 46% to X tons. In general, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 953% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2021. Overall, exports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 when exports increased by 1,040%. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X tons), Morocco (X tons) and Jordan (X tons) were the main destinations of exports of building blocks and bricks of cement, concrete or artificial stone from Egypt, with a combined 42% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cyprus (with a CAGR of +40.4%), while the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X), Greece ($X) and Morocco ($X) were the largest markets for building blocks and bricks of cement, concrete or artificial stone exported from Egypt worldwide, together comprising 40% of total exports.

Cyprus, with a CAGR of +41.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average export price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, picking up by 13% against the previous year. Overall, the export price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2020 when the average export price increased by 66%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Greece ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Egypt

Imports of building blocks and bricks of cement, concrete or artificial stone into Egypt fell markedly to X tons in 2021, shrinking by -16% compared with 2020. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by 2,100% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone dropped dramatically to $X in 2021. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 992%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest building blocks and bricks of cement, concrete or artificial stone supplier to Egypt, accounting for a 69% share of total imports. Moreover, imports of building blocks and bricks of cement, concrete or artificial stone from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. Greece (X tons) ranked third in terms of total imports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia stood at +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+155.9% per year) and Greece (-25.9% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Egypt, comprising 55% of total imports. The second position in the ranking was held by Poland ($X), with a 17% share of total imports. It was followed by the UK, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia amounted to +91.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+31.6% per year) and the UK (+24.5% per year).

Import Prices by Country

The average import price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, waning by -31.2% against the previous year. Over the period under review, the import price faced a abrupt decline. The growth pace was the most rapid in 2020 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+89.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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