Egypt: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Egypt

The Egyptian chain scoops and sliders market soared to $X in 2022, increasing by 18% against the previous year. Overall, consumption posted moderate growth. Chain scoops and sliders consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Egypt

In value terms, chain scoops and sliders production amounted to $X in 2022 estimated in export price. Over the period under review, production posted a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 109%. Chain scoops and sliders production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports from Egypt

For the third consecutive year, Egypt recorded growth in shipments abroad of chain scoops, sliders, runners, end pieces and narrow strips, which increased by 116% to X tons in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 729%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, chain scoops and sliders exports surged to $X in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 1,377%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Morocco (X tons), Germany (X tons) and Turkey (X tons) were the main destinations of chain scoops and sliders exports from Egypt, with a combined 71% share of total exports. Tunisia, Spain, Jordan, Portugal, Poland and the Netherlands lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +946.9%), while the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Germany ($X) and Turkey ($X) were the largest markets for chain scoops and sliders exported from Egypt worldwide, together comprising 71% of total exports. Tunisia, Spain, Jordan, Portugal, Poland and the Netherlands lagged somewhat behind, together comprising a further 28%.

In terms of the main countries of destination, Portugal, with a CAGR of +861.3%, saw the highest growth rate of 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 chain scoops and sliders export price amounted to $X per ton, reducing by -21.1% against the previous year. In general, the export price, however, posted a mild expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 165% against the previous year. The export price peaked at $X per ton in 2021, and then shrank remarkably in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jordan ($X per ton) and Spain ($X per ton), while the average price for exports to Tunisia ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports into Egypt

After three years of decline, overseas purchases of chain scoops, sliders, runners, end pieces and narrow strips increased by 76% to X tons in 2022. Overall, imports posted tangible growth. The pace of growth appeared the most rapid in 2018 when imports increased by 92% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, chain scoops and sliders imports skyrocketed to $X in 2022. In general, imports recorded notable growth. The pace of growth appeared the most rapid in 2021 with an increase of 105%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest chain scoops and sliders supplier to Egypt, with a 75% share of total imports. Moreover, chain scoops and sliders imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold. The third position in this ranking was taken by Indonesia (X tons), with a 9.5% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-7.1% per year) and Indonesia (+25.7% per year).

In value terms, China ($X), Italy ($X) and Indonesia ($X) constituted the largest chain scoops and sliders suppliers to Egypt, with a combined 85% share of total imports. Japan, India and the United States lagged somewhat behind, together comprising a further 15%.

Among the main suppliers, India, with a CAGR of +64.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average chain scoops and sliders import price amounted to $X per ton, increasing by 8.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 130% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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