Egypt: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in Egypt

The Egyptian metal office furniture market shrank to $X in 2022, with a decrease of -9.6% against the previous year. Over the period under review, consumption, however, enjoyed a strong increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Metal Office Furniture Production in Egypt

In value terms, metal office furniture production rose modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 20%. Metal office furniture production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Metal Office Furniture Exports

Exports from Egypt

In 2022, after four years of decline, there was significant growth in shipments abroad of metal office furniture, when their volume increased by 164% to X tons. In general, exports, however, continue to indicate a deep setback. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, metal office furniture exports soared to $X in 2022. Over the period under review, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2016 when exports increased by 189%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Sudan (X tons) and the United Arab Emirates (X tons) were the main destinations of metal office furniture exports from Egypt, together comprising 76% of total exports.

From 2012 to 2022, the biggest increases were recorded for Sudan (with a CAGR of +7.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for metal office furniture exported from Egypt were Saudi Arabia ($X), Sudan ($X) and the United Arab Emirates ($X), with a combined 81% share of total exports.

Sudan, with a CAGR of +9.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average metal office furniture export price amounted to $X per ton, declining by -9.4% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2016 an increase of 123%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Office Furniture Imports

Imports into Egypt

In 2022, approx. X tons of metal office furniture were imported into Egypt; declining by -39.2% compared with 2021 figures. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 80% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, metal office furniture imports declined rapidly to $X in 2022. In general, imports saw a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 83% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X tons), Italy (X tons) and Poland (X tons) were the main suppliers of metal office furniture imports to Egypt, together accounting for 65% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +112.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and Poland ($X) constituted the largest metal office furniture suppliers to Egypt, together accounting for 65% of total imports.

Among the main suppliers, Poland, with a CAGR of +113.4%, 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 office furniture import price stood at $X per ton in 2022, increasing by 11% against the previous year. Overall, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 59% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 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 highest price was recorded for prices from Poland ($X per ton) and Italy ($X per ton), while the price for South Korea ($X per ton) and China ($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 (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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