Egypt: Moulds For Metal Market 2024

Moulds For Metal Market Size in Egypt

The Egyptian moulds for metal market fell to $X in 2022, with a decrease of -6.1% against the previous year. In general, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +8.2% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Moulds For Metal Production in Egypt

In value terms, moulds for metal production declined to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 51%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Moulds For Metal Exports

Exports from Egypt

In 2022, after two years of growth, there was significant decline in shipments abroad of moulds for metals, when their volume decreased by -52.4% to X tons. In general, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 393% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, moulds for metal exports dropped significantly to $X in 2022. Overall, exports saw a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 530%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for moulds for metal exports from Egypt, accounting for a 40% share of total exports. Moreover, moulds for metal exports to the United Arab Emirates exceeded the volume sent to the second major destination, Syrian Arab Republic (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +39.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (0.0% per year) and Turkey (+98.9% per year).

In value terms, the largest markets for moulds for metal exported from Egypt were Turkey ($X), Syrian Arab Republic ($X) and the United Arab Emirates ($X), with a combined 70% share of total exports. Saudi Arabia, Italy, Yemen, China, Sudan and Libya lagged somewhat behind, together comprising a further 23%.

Yemen, with a CAGR of +307.9%, saw 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 more modest paces of growth.

Export Prices by Country

The average moulds for metal export price stood at $X per ton in 2022, waning by -31.4% against the previous year. Over the period under review, the export price, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 302% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Sudan ($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 Mauritania (+306.4%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Egypt

In 2022, purchases abroad of moulds for metals was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports posted mild growth. The pace of growth was the most pronounced in 2013 with an increase of 31% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, moulds for metal imports rose rapidly to $X in 2022. In general, imports, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2017 with an increase of 14% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of moulds for metal to Egypt, with a 70% share of total imports. Moreover, moulds for metal imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), ninefold. The third position in this ranking was held by Spain (X tons), with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+10.9% per year) and Spain (+22.7% per year).

In value terms, China ($X) constituted the largest supplier of moulds for metals to Egypt, comprising 56% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.1% share of total imports. It was followed by Turkey, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.0% per year) and Turkey (+11.6% per year).

Import Prices by Country

The average moulds for metal import price stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the import price showed a pronounced shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 21%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform