Egypt: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Egypt

In 2021, after four years of growth, there was significant decline in the Egyptian market for plastic plates, sheets, film, foil and strip, when its value decreased by -19.2% to $X. Over the period under review, consumption showed a noticeable curtailment. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Egypt

In value terms, production of plastic plates, sheets, film, foil and strip fell significantly to $X in 2021 estimated in export price. In general, production continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2020 with an increase of 53%. Production of peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Egypt

In 2021, approx. X tons of plastic plates, sheets, film, foil and strip were exported from Egypt; with an increase of 50% against 2020 figures. In general, total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +9.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -9.3% against 2017 indices. The pace of growth was the most pronounced in 2013 with an increase of 76%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of plastic plates, sheets, film, foil and strip surged to $X in 2021. Over the period under review, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +9.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +113.4% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons), the United States (X tons) and Italy (X tons) were the main destinations of exports of plastic plates, sheets, film, foil and strip from Egypt, together accounting for 53% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +55.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic plate, sheet, film, foil and strip exported from Egypt were Turkey ($X), Italy ($X) and the United States ($X), together comprising 30% of total exports.

Among the main countries of destination, the United States, with a CAGR of +50.5%, recorded 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

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, surging by 12% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 57% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-1.7%), while the prices for the other major destinations experienced a decline.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Egypt

Imports of plastic plates, sheets, film, foil and strip into Egypt skyrocketed to X tons in 2021, growing by 20% compared with 2020. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 162% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons), China (X tons) and India (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to Egypt, with a combined 68% share of total imports. The United Arab Emirates, Germany, South Korea, Italy, Turkey, the United States, Thailand, Oman and the UK lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +15.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic plate, sheet, film, foil and strip suppliers to Egypt were Saudi Arabia ($X), China ($X) and India ($X), with a combined 58% share of total imports.

In terms of the main suppliers, China, with a CAGR of +3.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, increasing by 11% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 243%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 Turkey ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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