Egypt: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Egypt

The Egyptian market for plastics pipes and pipe fittings totaled $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, recorded a strong expansion. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Production of Plastics Pipes And Pipe Fittings in Egypt

In value terms, plastics pipe and pipe fitting production stood at $X in 2022 estimated in export price. In general, production, however, posted strong growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 63%. Plastics pipe and pipe fitting production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Plastics Pipes And Pipe Fittings

Exports from Egypt

In 2022, the amount of plastics pipes and pipe fittings exported from Egypt reduced to X tons, shrinking by -8.3% compared with the previous year's figure. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 64% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plastics pipe and pipe fitting exports totaled $X in 2022. Overall, exports, however, saw buoyant growth. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Iraq (X tons) was the main destination for plastics pipe and pipe fitting exports from Egypt, with a 65% share of total exports. Moreover, plastics pipe and pipe fitting exports to Iraq exceeded the volume sent to the second major destination, Libya (X tons), fourfold. Saudi Arabia (X tons) ranked third in terms of total exports with a 4% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq stood at -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+2.6% per year) and Saudi Arabia (+26.6% per year).

In value terms, Iraq ($X) remains the key foreign market for plastics pipes and pipe fittings exports from Egypt, comprising 67% of total exports. The second position in the ranking was taken by Libya ($X), with a 14% share of total exports. It was followed by Saudi Arabia, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value to Iraq stood at +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+9.3% per year) and Saudi Arabia (+38.6% per year).

Export Prices by Country

In 2022, the average export price for plastics pipes and pipe fittings amounted to $X per ton, growing by 20% against the previous year. Overall, the export price showed resilient growth. The growth pace was the most rapid in 2015 when the average export price increased by 53% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($X per ton) and Iraq ($X per ton), while the average price for exports to Libya ($X per ton) and Morocco ($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 Iraq (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports into Egypt

In 2022, the amount of plastics pipes and pipe fittings imported into Egypt fell to X tons, with a decrease of -7.4% against 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 60% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, plastics pipe and pipe fitting imports shrank rapidly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 54% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and China (X tons) were the main suppliers of plastics pipe and pipe fitting imports to Egypt, with a combined 70% share of total imports. Italy, India, Germany, Turkey, the UK, the United States, Japan, Romania and Norway lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +20.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastics pipe and pipe fitting suppliers to Egypt were the United Arab Emirates ($X), Saudi Arabia ($X) and China ($X), with a combined 57% share of total imports.

The United Arab Emirates, with a CAGR of +22.2%, recorded 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 import price for plastics pipes and pipe fittings amounted to $X per ton, declining by -31% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 23% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 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 Romania ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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