Egypt - High-Tenacity Filament Yarn of Aramids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEgypt: Market for High-Tenacity Filament Yarn Of Aramids 2024
Market Size for High-Tenacity Filament Yarn Of Aramids in Egypt
The Egyptian high-tenacity filament aramids yarn market rose remarkably to $X in 2022, growing by 7.3% against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.
Production of High-Tenacity Filament Yarn Of Aramids in Egypt
In value terms, high-tenacity filament aramids yarn production rose markedly to $X in 2022 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 34%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.
Exports of High-Tenacity Filament Yarn Of Aramids
Exports from Egypt
In 2022, the amount of high-tenacity filament yarn of aramids exported from Egypt declined sharply to X tons, reducing by -87.1% against 2021 figures. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2013 when exports increased by 212% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.
In value terms, high-tenacity filament aramids yarn exports contracted notably to $X in 2022. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of 213%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Italy (X tons) was the main destination for high-tenacity filament aramids yarn exports from Egypt, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at +2.7%.
In value terms, Italy ($X) emerged as the key foreign market for high-tenacity filament yarn of aramids exports from Egypt.
From 2012 to 2022, the average annual growth rate of value to Italy stood at -4.6%.
Export Prices by Country
In 2022, the average high-tenacity filament aramids yarn export price amounted to $X per ton, growing by 2.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 9.8% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +145.0% per year.
Imports of High-Tenacity Filament Yarn Of Aramids
Imports into Egypt
In 2022, approx. X tons of high-tenacity filament yarn of aramids were imported into Egypt; shrinking by -11.6% compared with the year before. Overall, imports recorded a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 82% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, high-tenacity filament aramids yarn imports dropped to $X in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 133% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Imports by Country
China (X tons) and the Netherlands (X tons) were the main suppliers of high-tenacity filament aramids yarn imports to Egypt.
From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +6.3%).
In value terms, the largest high-tenacity filament aramids yarn suppliers to Egypt were the Netherlands ($X) and China ($X).
In terms of the main suppliers, the Netherlands, with a CAGR of +7.2%, saw the highest growth rate of the value of imports, over the period under review.
Import Prices by Country
In 2022, the average high-tenacity filament aramids yarn import price amounted to $X per ton, which is down by -1.6% against the previous year. In general, the import price, however, posted a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 119%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then fell modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+45.4%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for high-tenacity filament aramids yarn 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:
- Prodcom 20601220 - High-tenacity filament yarn of aramids (excluding sewing thread and yarn put up for retail sale)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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