Egypt: Filter Paper Market 2024

Filter Paper Market Size in Egypt

The Egyptian filter paper market dropped to $X in 2021, shrinking by -4% 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). Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -43.8% against 2013 indices. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Filter Paper Exports

Exports from Egypt

In 2021, shipments abroad of filter paper and paperboard cut to shape was finally on the rise to reach X tons after two years of decline. Overall, exports, however, saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 4,282% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, filter paper exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 20,789%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Palestine (X tons), Bahrain (X tons) and Sudan (X tons) were the main destinations of filter paper exports from Egypt, together accounting for 98% of total exports. Nigeria and Kuwait lagged somewhat behind, together accounting for a further 1.8%.

From 2012 to 2021, the biggest increases were recorded for Nigeria (with a CAGR of +1,805.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Palestine ($X), Bahrain ($X) and Sudan ($X) appeared to be the largest markets for filter paper exported from Egypt worldwide, with a combined 98% share of total exports. These countries were followed by Nigeria and Kuwait, which together accounted for a further 1.8%.

In terms of the main countries of destination, Nigeria, with a CAGR of +2,337.0%, saw the highest rates of growth with regard to 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 2021, the average filter paper export price amounted to $X per ton, increasing by 35% against the previous year. Over the period under review, the export price showed significant growth. The pace of growth was the most pronounced in 2020 an increase of 766%. The export price peaked in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Kuwait ($X per ton) and Nigeria ($X per ton), while the average price for exports to Sudan ($X per ton) and Palestine ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+64.0%), while the prices for the other major destinations experienced more modest paces of growth.

Filter Paper Imports

Imports into Egypt

Filter paper imports into Egypt dropped to X tons in 2021, with a decrease of -12.8% compared with 2020 figures. Over the period under review, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2013 when imports increased by 55%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, filter paper imports expanded slightly to $X in 2021. Overall, imports showed a perceptible downturn. The growth pace was the most rapid in 2013 with an increase of 31% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest filter paper supplier to Egypt, with a 53% share of total imports. Moreover, filter paper imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. China (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+21.2% per year) and China (-1.4% per year).

In value terms, Germany ($X) constituted the largest supplier of filter paper and paperboard cut to shape to Egypt, comprising 53% of total imports. The second position in the ranking was held by Spain ($X), with a 23% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+22.6% per year) and China (-0.3% per year).

Import Prices by Country

The average filter paper import price stood at $X per ton in 2021, surging by 19% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, filter paper import price increased by +100.6% against 2018 indices. The growth pace was the most rapid in 2020 an increase of 39%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Spain ($X per ton), while the price for China ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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