Report Update Nov 1, 2024

Egypt - Iron or Steel Chain - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Metal Chain Market 2024

Metal Chain Market Size in Egypt

For the third consecutive year, the Egyptian metal chain market recorded decline in sales value, which decreased by -23.4% to $X in 2022. Over the period under review, consumption continues to indicate a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Chain Exports

Exports from Egypt

Metal chain exports from Egypt contracted rapidly to X kg in 2022, shrinking by -99.6% against 2021 figures. Over the period under review, exports faced a sharp slump. The most prominent rate of growth was recorded in 2013 with an increase of 1,042% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then shrank significantly in the following year.

In value terms, metal chain exports declined notably to $X in 2022. In general, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2013 when exports increased by 2,551%. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced sharply in the following year.

Exports by Country

The United Arab Emirates (X kg) was the main destination for metal chain exports from Egypt, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled +28.4%.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled -17.1%.

Export Prices by Country

The average metal chain export price stood at $X per ton in 2022, which is down by -6.2% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +9.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal chain export price decreased by -7.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 132%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +7.3% per year.

Metal Chain Imports

Imports into Egypt

In 2022, overseas purchases of iron or steel chain decreased by -29.5% to X tons, falling for the fifth year in a row after four years of growth. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2017 when imports increased by 82%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, metal chain imports reduced remarkably to $X in 2022. Over the period under review, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 305% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Italy (X tons), Japan (X tons) and Germany (X tons) were the main suppliers of metal chain imports to Egypt, with a combined 62% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +32.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal chain suppliers to Egypt were Italy ($X), Japan ($X) and Germany ($X), together accounting for 62% of total imports. The Netherlands, Turkey, China, France and the UK lagged somewhat behind, together accounting for a further 34%.

Among the main suppliers, France, with a CAGR of +26.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal chain import price stood at $X per ton in 2022, rising by 4.6% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 250%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per ton) and Japan ($X per ton), while the price for Italy ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel chain in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 40% of global consumption. These countries were followed by Japan, Russia, Indonesia, Italy, France, Canada, South Korea, Turkey, Australia and Germany, which together accounted for a further 34%.

What are the largest producers of iron or steel chain in the world?

China constituted the country with the largest volume of metal chain production, comprising approx. 31% of total volume. Moreover, metal chain production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 9.4% share.

What are the leading suppliers of iron or steel chain to Egypt?

In value terms, China constituted the largest supplier of metal chain to Egypt, comprising 60% of total imports. The second position in the ranking was occupied by Italy, with a 13% share of total imports. It was followed by Turkey, with an 11% share.

What is the average export price for iron or steel chain in Egypt?

In 2021, the average metal chain export price amounted to $7,504 per ton, surging by 174% against the previous year.

What is the average import price for iron or steel chain in Egypt?

In 2021, the average metal chain import price amounted to $4,416 per ton, picking up by 30% against the previous year.

This report provides an in-depth analysis of the metal chain market 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 25931750 - Iron or steel chain excluding articulated link chain, skid chain, s tud-link and welded link chain - chain saws, or other articles in which chains play a subsidiary role, surveying chains

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023