Egypt: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Egypt

The Egyptian multiple-walled insulating glass unit market expanded significantly to $X in 2021, growing by 5.6% against the previous year. Overall, consumption, however, showed a slight decrease. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Multiple-Walled Insulating Units Of Glass in Egypt

In value terms, multiple-walled insulating glass unit production rose sharply to $X in 2021 estimated in export price. In general, production, however, recorded a slight downturn. The pace of growth was the most pronounced in 2015 when the production volume increased by 17% against the previous year. Multiple-walled insulating glass unit production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Egypt

In 2021, overseas shipments of multiple-walled insulating units of glass decreased by -74.4% to X square meters, falling for the second consecutive year after three years of growth. In general, exports showed a significant curtailment. The growth pace was the most rapid in 2017 when exports increased by 410%. The exports peaked at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, multiple-walled insulating glass unit exports declined rapidly to $X in 2021. Overall, exports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 251%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Morocco (X square meters) was the main destination for multiple-walled insulating glass unit exports from Egypt, with a 39% share of total exports. Moreover, multiple-walled insulating glass unit exports to Morocco exceeded the volume sent to the second major destination, Libya (X square meters), threefold. Italy (X square meters) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Morocco amounted to +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+2.3% per year) and Italy (-54.6% per year).

In value terms, the largest markets for multiple-walled insulating glass unit exported from Egypt were Libya ($X), Morocco ($X) and the United Arab Emirates ($X), with a combined 61% share of total exports.

The United Arab Emirates, with a CAGR of +18.1%, 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

In 2021, the average multiple-walled insulating glass unit export price amounted to $X per square meter, increasing by 48% against the previous year. In general, the export price enjoyed a slight expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 88%. Over the period under review, the average export prices attained the maximum at $X per square meter in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while the average price for exports to Italy ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Egypt

Multiple-walled insulating glass unit imports into Egypt surged to X square meters in 2021, increasing by 91% against 2020 figures. In general, imports posted buoyant growth. The growth pace was the most rapid in 2013 when imports increased by 94% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, multiple-walled insulating glass unit imports soared to $X in 2021. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of 43% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X square meters) constituted the largest multiple-walled insulating glass unit supplier to Egypt, with a 45% share of total imports. Moreover, multiple-walled insulating glass unit imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X square meters), threefold. China (X square meters) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +135.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+25.9% per year) and China (+6.4% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of multiple-walled insulating units of glass to Egypt, comprising 39% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 12% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +97.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+27.0% per year) and China (+8.3% per year).

Import Prices by Country

The average multiple-walled insulating glass unit import price stood at $X per square meter in 2021, which is down by -30.5% against the previous year. Overall, the import price showed a deep setback. The pace of growth appeared the most rapid in 2014 an increase of 75%. The import price peaked at $X per square meter in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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