Egypt: Packaging Materials Market 2024

Packaging Materials Market Size in Egypt

In 2022, the Egyptian packaging materials market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, showed a mild reduction. Packaging materials consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Packaging Materials Production in Egypt

In value terms, packaging materials production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 39%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Packaging Materials Exports

Exports from Egypt

After two years of growth, shipments abroad of packaging materials decreased by -33.1% to X tons in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 470% against the previous year. As a result, the exports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, packaging materials exports fell to $X in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 526% against the previous year. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Algeria (X tons), Italy (X tons) and Sudan (X tons) were the main destinations of packaging materials exports from Egypt, with a combined 39% share of total exports. Turkey, Morocco, Greece, Libya, Lebanon, Kenya, Tunisia, Guatemala, Saudi Arabia and Syrian Arab Republic lagged somewhat behind, together comprising a further 51%.

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 +279.7%), while the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), Turkey ($X) and Sudan ($X) constituted the largest markets for packaging materials exported from Egypt worldwide, with a combined 37% share of total exports. Morocco, Italy, Greece, Libya, Lebanon, Kenya, Saudi Arabia, Tunisia, Syrian Arab Republic and Guatemala lagged somewhat behind, together accounting for a further 52%.

In terms of the main countries of destination, Greece, with a CAGR of +256.6%, saw the highest rates of growth with regard to 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

In 2022, the average packaging materials export price amounted to $X per ton, growing by 27% against the previous year. Over the period under review, the export price, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2015 an increase of 31% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Syrian Arab Republic ($X per ton), while the average price for exports to Italy ($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 Guatemala (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Packaging Materials Imports

Imports into Egypt

In 2022, overseas purchases of packaging materials were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, showed a mild contraction. The pace of growth appeared the most rapid in 2013 with an increase of 13%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, packaging materials imports surged to $X in 2022. Overall, imports saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of packaging materials imports to Egypt, together accounting for 38% of total imports. Finland, Sweden, Turkey, Poland, Saudi Arabia, Spain, the Czech Republic, India, the United States and Italy lagged somewhat behind, together comprising a further 49%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +34.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest packaging materials suppliers to Egypt were China ($X), Turkey ($X) and Germany ($X), together accounting for 41% of total imports. Austria, Finland, Sweden, Spain, Saudi Arabia, India, the Czech Republic, Poland, Italy and the United States lagged somewhat behind, together comprising a further 46%.

The Czech Republic, with a CAGR of +37.8%, saw the highest growth rate of 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

In 2022, the average packaging materials import price amounted to $X per ton, with an increase of 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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