Egypt: Paper File Cover Market 2024

Paper File Cover Market Size in Egypt

The Egyptian paper file cover market expanded slightly to $X in 2022, surging by 2.4% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Paper File Cover Production in Egypt

In value terms, paper file cover production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 28%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Paper File Cover Exports

Exports from Egypt

In 2022, the amount of paper binders, folders and file covers exported from Egypt skyrocketed to X tons, rising by 207% against the previous year. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,108%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, paper file cover exports skyrocketed to $X in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,140% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sudan (X tons) was the main destination for paper file cover exports from Egypt, with a 97% share of total exports. It was followed by Qatar (X tons), with a 2% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Sudan totaled +46.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-11.4% per year) and Jordan (-33.5% per year).

In value terms, Sudan ($X) emerged as the key foreign market for paper binders, folders and file covers exports from Egypt, comprising 97% of total exports. The second position in the ranking was held by Qatar ($X), with a 2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Sudan stood at +86.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+7.3% per year) and Jordan (-29.8% per year).

Export Prices by Country

The average paper file cover export price stood at $X per ton in 2022, approximately equating the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 68%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Jordan ($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 Libya (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.

Paper File Cover Imports

Imports into Egypt

After two years of decline, supplies from abroad of paper binders, folders and file covers increased by 38% to X tons in 2022. Overall, imports, however, saw a slight contraction. The pace of growth appeared the most rapid in 2015 with an increase of 270% 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 somewhat lower figure.

In value terms, paper file cover imports soared to $X in 2022. In general, imports posted a modest increase. The most prominent rate of growth was recorded in 2018 when imports increased by 121% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of paper file cover to Egypt, accounting for a 66% share of total imports. Moreover, paper file cover imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The UK (X tons) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+149.5% per year) and the UK (+18.9% per year).

In value terms, China ($X) constituted the largest supplier of paper binders, folders and file covers to Egypt, comprising 66% of total imports. The second position in the ranking was held by Turkey ($X), with a 26% share of total imports. It was followed by the UK, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+140.3% per year) and the UK (+17.6% per year).

Import Prices by Country

In 2022, the average paper file cover import price amounted to $X per ton, increasing by 6.2% against the previous year. Over the period under review, the import price saw measured growth. The growth pace was the most rapid in 2020 when the average import price increased by 162%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and China ($X per ton), while the price for the UK ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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