Report Egypt - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Egypt - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Market for Hot-Rolled Wire Rod In Coil Of Stainless Steel 2025

Market Size for Hot-Rolled Wire Rod In Coil Of Stainless Steel in Egypt

The Egyptian market for hot-rolled wire rod in coil of stainless steel skyrocketed to $X in 2022, picking up by 24% against the previous year. Overall, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Hot-Rolled Wire Rod In Coil Of Stainless Steel in Egypt

In value terms, hot-rolled wire stainless steel rod production rose markedly to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion 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 -7.3% against 2020 indices. The growth pace was the most rapid in 2020 when the production volume increased by 41% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Exports from Egypt

In 2022, approx. X kg of hot-rolled wire rod in coil of stainless steel were exported from Egypt; with a decrease of -98.8% against the previous year's figure. Over the period under review, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2013 when exports increased by 2,425%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hot-rolled wire stainless steel rod exports fell rapidly to $X in 2022. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 1,780% against the previous year. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Italy (X kg) was the main destination for hot-rolled wire stainless steel rod exports from Egypt, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Italy was relatively modest.

In value terms, Italy ($X) emerged as the key foreign market for hot-rolled wire rod in coil of stainless steel exports from Egypt.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

In 2022, the average export price for hot-rolled wire rod in coil of stainless steel amounted to $X per ton, increasing by 32% against the previous year. Over the period under review, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 105% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Libya amounted to +8.2% per year.

Imports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Imports into Egypt

In 2022, approx. X tons of hot-rolled wire rod in coil of stainless steel were imported into Egypt; approximately reflecting 2021. Overall, imports saw a resilient increase. The growth pace was the most rapid in 2019 with an increase of 7,248%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hot-rolled wire stainless steel rod imports totaled $X in 2022. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 4,968% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest hot-rolled wire stainless steel rod supplier to Egypt, accounting for a 73% share of total imports. Moreover, hot-rolled wire stainless steel rod imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +78.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+17.7% per year) and Germany (+152.8% per year).

In value terms, China ($X) constituted the largest supplier of hot-rolled wire rod in coil of stainless steel to Egypt, comprising 73% of total imports. The second position in the ranking was taken by India ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +59.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+17.6% per year) and Germany (+41.2% per year).

Import Prices by Country

The average import price for hot-rolled wire rod in coil of stainless steel stood at $X per ton in 2022, remaining constant against the previous year. Overall, the import price recorded slight growth. The most prominent rate of growth was recorded in 2017 an increase of 37%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Taiwan Chinese) remains the largest hot-rolled wire stainless steel rod consuming country worldwide, accounting for 21% of total volume. Moreover, hot-rolled wire stainless steel rod consumption in Taiwan Chinese) exceeded the figures recorded by the second-largest consumer, Germany, twofold. The third position in this ranking was occupied by Vietnam, with a 9% share.
The countries with the highest volumes of in 2021 were Taiwan Chinese), Japan and France, with a combined 54% share of global production. China, Spain, India and Sweden lagged somewhat behind, together accounting for a further 38%.
In value terms, the largest hot-rolled wire stainless steel rod suppliers to Egypt were China, Italy and India, together accounting for 55% of total imports. These countries were followed by Belgium, the United Arab Emirates and Taiwan Chinese), which together accounted for a further 28%.
In value terms, Libya remains the key foreign market for hot-rolled wire stainless steel rod exports from Egypt, comprising 65% of total exports. The second position in the ranking was occupied by Iraq, with a 28% share of total exports.
In 2021, the average export price for hot-rolled wire rod in coil of stainless steel amounted to $3,571 per ton, surging by 16% against the previous year.
In 2021, the average import price for hot-rolled wire rod in coil of stainless steel amounted to $1,398 per ton, shrinking by -51.3% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod 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 24106300 - Hot-rolled wire rod in coil, of stainless steel

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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