Report Update Nov 1, 2024

Egypt - Ferro-Chromium - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Ferro-Chromium Market 2024

Ferro-Chromium Market Size in Egypt

The Egyptian ferro-chromium market fell remarkably to $X in 2022, which is down by -23.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a drastic downturn. Ferro-chromium consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ferro-Chromium Exports

Exports from Egypt

After two years of decline, shipments abroad of ferro-chromium decreased by -50% to X tons in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2019 when exports increased by 2,708%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, ferro-chromium exports shrank sharply to $X in 2022. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 5,551% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for ferro-chromium exports from Egypt, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Italy was relatively modest.

In value terms, Italy ($X) emerged as the key foreign market for ferro-chromium exports from Egypt.

From 2012 to 2019, the average annual growth rate of value to Italy was relatively modest.

Export Prices by Country

In 2019, the average ferro-chromium export price amounted to $X per ton, growing by 101% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2019, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2019, the rate of growth in terms of prices for Kuwait amounted to -15.7% per year.

Ferro-Chromium Imports

Imports into Egypt

In 2022, ferro-chromium imports into Egypt shrank significantly to X tons, reducing by -24.6% on the year before. Over the period under review, imports showed a deep downturn. The growth pace was the most rapid in 2018 with an increase of 142%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, ferro-chromium imports fell rapidly to $X in 2022. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 111%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Oman (X tons), India (X tons) and Italy (X tons) were the main suppliers of ferro-chromium imports to Egypt, with a combined 79% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +14.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest ferro-chromium suppliers to Egypt were Oman ($X), India ($X) and Italy ($X), together comprising 80% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +15.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average ferro-chromium import price amounted to $X per ton, rising by 1.5% against the previous year. Overall, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 82%. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ferro-chromium in the world?

The country with the largest volume of ferro-chromium consumption was China, accounting for 55% of total volume. Moreover, ferro-chromium consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia, fivefold. The third position in this ranking was occupied by the United States, with a 5.9% share.

What are the largest producers of ferro-chromium in the world?

The countries with the highest volumes of in 2021 were China, South Africa and Kazakhstan, with a combined 74% share of global production. India, Finland, Russia and the United States lagged somewhat behind, together comprising a further 18%.

What are the leading suppliers of ferro-chromium to Egypt?

In value terms, Oman, India and Italy were the largest ferro-chromium suppliers to Egypt, with a combined 61% share of total imports.

What is the average export price for ferro-chromium in Egypt?

The average ferro-chromium export price stood at $938 per ton in 2019, rising by 101% against the previous year.

What is the average import price for ferro-chromium in Egypt?

In 2020, the average ferro-chromium import price amounted to $1,576 per ton, growing by 2.4% against the previous year.

This report provides an in-depth analysis of the ferro-chromium market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023