Egypt: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in Egypt

The Egyptian other papers packaging market skyrocketed to $X in 2022, jumping by 51% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a deep downturn. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Other Papers Packaging Exports

Exports from Egypt

In 2022, other papers packaging exports from Egypt surged to X tons, increasing by 36% on the year before. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 12,147% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, other papers packaging exports surged to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 7,456%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Turkey (X tons), Greece (X tons) and Jordan (X tons) were the main destinations of other papers packaging exports from Egypt, together comprising 61% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +1,286.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for other papers packaging exported from Egypt were Turkey ($X), Greece ($X) and Jordan ($X), together accounting for 61% of total exports.

In terms of the main countries of destination, Greece, with a CAGR of +1,806.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average other papers packaging export price stood at $X per ton in 2022, with an increase of 37% against the previous year. Overall, the export price enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices reached the maximum 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 countries with the highest prices were the United States ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Chile ($X per ton) and Nigeria ($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 the United States (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.

Other Papers Packaging Imports

Imports into Egypt

In 2022, the amount of other papers packaging imported into Egypt surged to X tons, growing by 32% compared with 2021. Overall, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 124%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, other papers packaging imports skyrocketed to $X in 2022. Over the period under review, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 154%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest other papers packaging supplier to Egypt, accounting for a 51% share of total imports. Moreover, other papers packaging imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. France (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +24.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+18.2% per year) and France (+7.9% per year).

In value terms, Spain ($X) constituted the largest supplier of other papers packaging to Egypt, comprising 51% of total imports. The second position in the ranking was held by Italy ($X), with a 16% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+19.6% per year) and France (+9.2% per year).

Import Prices by Country

The average other papers packaging import price stood at $X per ton in 2022, surging by 33% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, other papers packaging import price increased by +59.8% against 2020 indices. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood 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 India ($X per ton) and Italy ($X per ton), while the price for China ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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