Egypt: Market for Iron or Steel Cans 2025

Market Size for Iron or Steel Cans in Egypt

After two years of growth, the Egyptian iron or steel can market decreased by -15.8% to $X in 2021. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell significantly in the following year.

Production of Iron or Steel Cans in Egypt

In value terms, iron or steel can production fell rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by 59%. As a result, production attained the peak level of $X, and then dropped notably in the following year.

Exports of Iron or Steel Cans

Exports from Egypt

In 2021, the amount of iron or steel cans exported from Egypt skyrocketed to X units, growing by 102% against the previous year. In general, exports, however, faced a precipitous slump. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, iron or steel can exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a dramatic downturn. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sudan (X units) was the main destination for iron or steel can exports from Egypt, with a 41% share of total exports. Moreover, iron or steel can exports to Sudan exceeded the volume sent to the second major destination, Ghana (X units), twofold. The third position in this ranking was taken by Saudi Arabia (X units), with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume to Sudan amounted to -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+13.3% per year) and Saudi Arabia (-9.8% per year).

In value terms, Sudan ($X) emerged as the key foreign market for iron or steel cans exports from Egypt, comprising 41% of total exports. The second position in the ranking was held by Ghana ($X), with a 17% share of total exports. It was followed by Saudi Arabia, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to Sudan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+14.6% per year) and Saudi Arabia (-8.7% per year).

Export Prices by Country

The average iron or steel can export price stood at $X per unit in 2021, rising by 20% against the previous year. Overall, the export price saw a notable expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 55%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major export markets. In 2021, the countries with the highest prices were Germany ($X per unit) and Ghana ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) and Sudan ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cans

Imports into Egypt

In 2021, iron or steel can imports into Egypt totaled X units, growing by 7.9% on 2020 figures. In general, imports enjoyed a modest increase. The pace of growth was the most pronounced in 2013 with an increase of 112%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, iron or steel can imports skyrocketed to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 68% 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, Turkey (X units) constituted the largest iron or steel can supplier to Egypt, accounting for a 74% share of total imports. Moreover, iron or steel can imports from Turkey exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), more than tenfold. The third position in this ranking was taken by Saudi Arabia (X units), with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+33.5% per year) and Saudi Arabia (-20.8% per year).

In value terms, Turkey ($X) constituted the largest supplier of iron or steel cans to Egypt, comprising 76% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 3.7% share of total imports. It was followed by the United Arab Emirates, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-21.6% per year) and the United Arab Emirates (+32.6% per year).

Import Prices by Country

In 2021, the average iron or steel can import price amounted to $X per unit, growing by 7.8% against the previous year. Over the period under review, the import price, however, continues to indicate a mild downturn. The pace of growth was the most pronounced in 2020 an increase of 53% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Saudi Arabia ($X per unit), while the price for Israel ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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