Egypt: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Egypt

The Egyptian market for self-adhesive plastic tape in rolls of a width under 20cm skyrocketed to $X in 2022, picking up by 18% against the previous year. Overall, consumption, however, saw a slight curtailment. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Egypt

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm soared to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a mild decrease. The growth pace was the most rapid in 2020 when the production volume increased by 119%. Production of peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Egypt

In 2022, approx. X tons of self-adhesive plastic tape in rolls of a width under 20cm were exported from Egypt; which is down by -56.9% compared with 2021 figures. Over the period under review, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 182%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm reduced dramatically to $X in 2022. In general, exports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 273%. As a result, the exports attained the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Sudan (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from Egypt, with a 81% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to Sudan exceeded the volume sent to the second major destination, Libya (X tons), tenfold. Yemen (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume to Sudan stood at +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+13.5% per year) and Yemen (+1,587.3% per year).

In value terms, Sudan ($X) remains the key foreign market for self-adhesive plastic tape in rolls of a width under 20cm exports from Egypt, comprising 81% of total exports. The second position in the ranking was held by Libya ($X), with an 8% share of total exports. It was followed by Yemen, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value to Sudan stood at +26.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+19.3% per year) and Yemen (+1,414.2% per year).

Export Prices by Country

The average export price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, surging by 70% against the previous year. In general, the export price posted prominent growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 122% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($X per ton), while the average price for exports to Spain ($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 Belgium (+40.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Egypt

In 2022, supplies from abroad of self-adhesive plastic tape in rolls of a width under 20cm increased by 5.9% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2013 with an increase of 75%. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm rose sharply to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 25%. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest self-adhesive plastic tape in rolls of a width under 20cm supplier to Egypt, accounting for a 45% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. South Korea (X tons) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.7% per year) and South Korea (+13.1% per year).

In value terms, China ($X), Germany ($X) and South Korea ($X) appeared to be the largest self-adhesive plastic tape in rolls of a width under 20cm suppliers to Egypt, together accounting for 54% of total imports. Turkey, the UK, Taiwan (Chinese), France, Luxembourg, Italy, the Netherlands, Thailand, the United States and Indonesia lagged somewhat behind, together accounting for a further 35%.

Among the main suppliers, Luxembourg, with a CAGR of +81.3%, saw the highest growth rate of the value of imports, 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 self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, with an increase of 1.8% against the previous year. Over the period under review, the import price recorded a temperate expansion. The growth pace was the most rapid in 2019 an increase of 54% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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