Report Update Jan 1, 2025

Egypt - Iron or Steel Plaited Bands and Slings - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Egypt: Steel Plaited Band Market 2025

Steel Plaited Band Market Size in Egypt

In 2022, the Egyptian steel plaited band market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, showed a deep slump. Steel plaited band consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Steel Plaited Band Exports

Exports from Egypt

In 2022, approx. X kg of iron or steel plaited bands and slings were exported from Egypt; declining by -98.2% against the previous year's figure. In general, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2017 when exports increased by 959% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, steel plaited band exports contracted dramatically to $X in 2022. Over the period under review, exports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2017 with an increase of 850% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for steel plaited band exports from Egypt, with a 97% share of total exports. Moreover, steel plaited band exports to France exceeded the volume sent to the second major destination, Sudan (X kg), more than tenfold.

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

In value terms, France ($X) emerged as the key foreign market for iron or steel plaited bands and slings exports from Egypt, comprising 97% of total exports. The second position in the ranking was held by Sudan ($X), with a 3.2% share of total exports.

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

Export Prices by Country

In 2022, the average steel plaited band export price amounted to $X per ton, picking up by 2.5% against the previous year. Overall, the export price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 an increase of 66% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Sudan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+16.4%), while the prices for the other major destinations experienced a decline.

Steel Plaited Band Imports

Imports into Egypt

In 2022, overseas purchases of iron or steel plaited bands and slings decreased by -7% to X tons, falling for the fourth year in a row after three years of growth. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of 83%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, steel plaited band imports reached $X in 2022. In general, imports recorded a noticeable contraction. The pace of growth was the most pronounced in 2016 with an increase of 197% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X tons), China (X tons) and South Korea (X tons) were the main suppliers of steel plaited band imports to Egypt, with a combined 81% share of total imports. Russia, Germany, Turkey, the United States and the UK lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +46.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and South Korea ($X) constituted the largest steel plaited band suppliers to Egypt, together accounting for 81% of total imports. Russia, Germany, Turkey, the United States and the UK lagged somewhat behind, together comprising a further 14%.

Russia, with a CAGR of +52.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average steel plaited band import price stood at $X per ton in 2022, with an increase of 22% against the previous year. Overall, the import price showed a moderate expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 110% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel plaited bands and slings in the world?

The countries with the highest volumes of in 2021 were China, India and Poland, together comprising 42% of global consumption.

What are the largest producers of iron or steel plaited bands and slings in the world?

China remains the largest steel plaited band producing country worldwide, comprising approx. 29% of total volume. Moreover, steel plaited band production in China exceeded the figures recorded by the second-largest producer, Poland, threefold. The third position in this ranking was occupied by India, with an 8.6% share.

What are the leading suppliers of iron or steel plaited bands and slings to Egypt?

In value terms, the largest steel plaited band suppliers to Egypt were Turkey, Italy and China, together comprising 72% of total imports.

What are the leading importers of iron or steel plaited bands and slings from Egypt?

In value terms, Ghana $969) emerged as the key foreign market for steel plaited band exports from Egypt, comprising 79% of total exports. The second position in the ranking was occupied by Saudi Arabia $251), with a 21% share of total exports.

What is the average export price for iron or steel plaited bands and slings in Egypt?

In 2021, the average steel plaited band export price amounted to $4,872 per ton, jumping by 129% against the previous year.

What is the average import price for iron or steel plaited bands and slings in Egypt?

In 2021, the average steel plaited band import price amounted to $3,398 per ton, with a decrease of -13.6% against the previous year.

This report provides an in-depth analysis of the steel plaited band 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 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 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
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