Egypt: Expanded Metal Market 2025

Expanded Metal Market Size in Egypt

In 2022, after four years of growth, there was decline in the Egyptian expanded metal market, when its value decreased by -1.9% to $X. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2021, and then declined modestly in the following year.

Expanded Metal Production in Egypt

In value terms, expanded metal production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the production volume increased by 42%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Expanded Metal Exports

Exports from Egypt

In 2022, after two years of growth, there was significant decline in shipments abroad of iron or steel expanded metal, when their volume decreased by -41.6% to X tons. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 233% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, expanded metal exports dropped markedly to $X in 2022. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 324%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Sudan (X tons) was the main destination for expanded metal exports from Egypt, accounting for a 58% share of total exports. Moreover, expanded metal exports to Sudan exceeded the volume sent to the second major destination, Cyprus (X tons), twofold. The third position in this ranking was held by Kuwait (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Sudan totaled -22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+2.0% per year) and Kuwait (-18.6% per year).

In value terms, Sudan ($X) remains the key foreign market for iron or steel expanded metal exports from Egypt, comprising 58% of total exports. The second position in the ranking was taken by Cyprus ($X), with a 24% share of total exports. It was followed by Kuwait, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Sudan amounted to -13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+6.6% per year) and Kuwait (-15.0% per year).

Export Prices by Country

In 2022, the average expanded metal export price amounted to $X per ton, growing by 2.3% against the previous year. Overall, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 75% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cyprus ($X per ton) and Lebanon ($X per ton), while the average price for exports to Kuwait ($X per ton) and Sudan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports

Imports into Egypt

In 2022, purchases abroad of iron or steel expanded metal was finally on the rise to reach X tons after two years of decline. Overall, imports saw a strong increase. The pace of growth was the most pronounced in 2015 when imports increased by 553% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, expanded metal imports skyrocketed to $X in 2022. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2015 with an increase of 443% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of expanded metal to Egypt, with a 48% share of total imports. Moreover, expanded metal imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +65.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.1% per year) and Italy (+7.0% per year).

In value terms, Spain ($X) constituted the largest supplier of iron or steel expanded metal to Egypt, comprising 48% of total imports. The second position in the ranking was held by China ($X), with a 21% share of total imports. It was followed by Italy, with a 2.2% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +33.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.2% per year) and Italy (-0.7% per year).

Import Prices by Country

The average expanded metal import price stood at $X per ton in 2022, rising by 4.6% against the previous year. Overall, the import price saw a slight increase. The growth pace was the most rapid in 2016 an increase of 172%. As a result, import price reached the peak level of $X per ton. From 2017 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 China ($X per ton) and Spain ($X per ton), while the price for the United Arab Emirates ($X per ton) and Italy ($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 (+46.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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