Egypt: Copper Sanitary Ware Market 2024

Copper Sanitary Ware Market Size in Egypt

In 2021, the Egyptian copper sanitary ware market decreased by -84.3% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption saw a dramatic descent. Copper sanitary ware consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Copper Sanitary Ware Exports

Exports from Egypt

In 2021, shipments abroad of sanitary ware and parts of copper decreased by -7.6% to X tons, falling for the second consecutive year after four years of growth. In general, exports, however, recorded mild growth. The growth pace was the most rapid in 2018 with an increase of 130% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, copper sanitary ware exports soared to $X in 2021. Overall, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 363% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Jordan (X tons), the United Arab Emirates (X tons) and Libya (X kg) were the main destinations of copper sanitary ware exports from Egypt, together comprising 97% 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 Arab Emirates (with a CAGR of +46.7%), while the other leaders experienced mixed trend patterns.

In value terms, Jordan ($X) emerged as the key foreign market for sanitary ware and parts of copper exports from Egypt, comprising 84% of total exports. The second position in the ranking was held by Libya ($X), with a 7.3% share of total exports. It was followed by Rwanda, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Jordan totaled +100.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (-29.3% per year) and Rwanda (0.0% per year).

Export Prices by Country

The average copper sanitary ware export price stood at $X per ton in 2021, increasing by 53% against the previous year. Over the period under review, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 220% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Rwanda ($X per ton), while the average price for exports to the United Arab Emirates ($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 Yemen (+218.4%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Sanitary Ware Imports

Imports into Egypt

In 2021, supplies from abroad of sanitary ware and parts of copper decreased by -65.2% to X tons, falling for the second consecutive year after two years of growth. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 134%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, copper sanitary ware imports contracted remarkably to $X in 2021. Over the period under review, imports faced a deep reduction. The pace of growth was the most pronounced in 2019 when imports increased by 77% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest copper sanitary ware supplier to Egypt, accounting for a 75% share of total imports. Moreover, copper sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Germany (X kg), fivefold. The third position in this ranking was held by Spain (X kg), with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-13.8% per year) and Spain (+51.8% per year).

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of copper to Egypt, comprising 60% of total imports. The second position in the ranking was held by Spain ($X), with a 20% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+171.9% per year) and Germany (-13.1% per year).

Import Prices by Country

In 2021, the average copper sanitary ware import price amounted to $X per ton, increasing by 68% against the previous year. In general, the import price posted a slight expansion. The pace of growth was the most pronounced in 2020 an increase of 71% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+90.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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