Egypt: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Egypt

The Egyptian marble granules and powder market rose significantly to $X in 2021, with an increase of 10% against the previous year. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Marble granules and powder consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Granules, Chippings And Powder Of Marble in Egypt

In value terms, marble granules and powder production expanded remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 37% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from Egypt

In 2021, shipments abroad of granules, chippings and powder of marble decreased by -72.9% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports saw a sharp downturn. The growth pace was the most rapid in 2014 with an increase of 1,249% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, marble granules and powder exports reduced dramatically to $X in 2021. Over the period under review, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2014 with an increase of 1,210% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Senegal (X tons) was the main destination for marble granules and powder exports from Egypt, accounting for a 63% share of total exports. Moreover, marble granules and powder exports to Senegal exceeded the volume sent to the second major destination, Zambia (X kg), sevenfold. The third position in this ranking was held by Libya (X kg), with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume to Senegal stood at -35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (-29.5% per year) and Libya (-36.7% per year).

In value terms, Senegal ($X) remains the key foreign market for granules, chippings and powder of marble exports from Egypt, comprising 40% of total exports. The second position in the ranking was held by Panama ($X), with a 16% share of total exports. It was followed by Zambia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Senegal totaled -39.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-34.3% per year) and Zambia (-34.6% per year).

Export Prices by Country

In 2021, the average marble granules and powder export price amounted to $X per ton, reducing by -19.8% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 an increase of 15% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Senegal ($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 Panama (+6.8%), while the prices for the other major destinations experienced a decline.

Imports of Granules, Chippings And Powder Of Marble

Imports into Egypt

In 2021, overseas purchases of granules, chippings and powder of marble increased by 150% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 187%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, marble granules and powder imports surged to $X in 2021. Over the period under review, imports, however, faced a abrupt decline. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest marble granules and powder supplier to Egypt, with a 37% share of total imports. Moreover, marble granules and powder imports from France exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume from France amounted to -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-26.0% per year) and Italy (+1.2% per year).

In value terms, France ($X) constituted the largest supplier of granules, chippings and powder of marble to Egypt, comprising 40% of total imports. The second position in the ranking was taken by Italy ($X), with a 3.1% share of total imports. It was followed by India, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to -9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.3% per year) and India (-16.2% per year).

Import Prices by Country

The average marble granules and powder import price stood at $X per ton in 2021, picking up by 1.6% against the previous year. In general, the import price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 60% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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