Egypt: Semi-Chemical Fluting Market 2024

Semi-Chemical Fluting Market Size in Egypt

The Egyptian semi-chemical fluting market rose remarkably to $X in 2021, with an increase of 13% against the previous year. Over the period under review, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.4% against 2019 indices. Semi-chemical fluting consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Semi-Chemical Fluting Production in Egypt

In value terms, semi-chemical fluting production surged to $X in 2021 estimated in export price. Overall, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.6% against 2019 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 45%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Semi-Chemical Fluting Exports

Exports from Egypt

After two years of decline, shipments abroad of semi-chemical fluting increased by 182% to X tons in 2021. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 571% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, semi-chemical fluting exports skyrocketed to $X in 2021. Overall, exports showed modest growth. The most prominent rate of growth was recorded in 2016 with an increase of 497%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lebanon (X tons), Libya (X tons) and Turkey (X tons) were the main destinations of semi-chemical fluting exports from Egypt, with a combined 81% share of total exports. The United Arab Emirates, Spain, Sudan and Cyprus lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +2,576.1%), while the other leaders experienced more modest paces of growth.

In value terms, Libya ($X), Lebanon ($X) and Turkey ($X) constituted the largest markets for semi-chemical fluting exported from Egypt worldwide, together accounting for 37% of total exports. These countries were followed by the United Arab Emirates, Spain, Sudan and Cyprus, which together accounted for a further 5.8%.

Among the main countries of destination, Spain, with a CAGR of +292.5%, saw 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

In 2021, the average semi-chemical fluting export price amounted to $X per ton, increasing by 55% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Spain ($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 Italy (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Semi-Chemical Fluting Imports

Imports into Egypt

In 2021, the amount of semi-chemical fluting imported into Egypt dropped significantly to X tons, falling by -31.5% on the previous year's figure. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 78%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, semi-chemical fluting imports declined rapidly to $X in 2021. Overall, imports faced a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 133% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Poland (X tons), Finland (X tons) and Russia (X tons) were the main suppliers of semi-chemical fluting imports to Egypt, with a combined 72% share of total imports. These countries were followed by Romania, Hungary, Saudi Arabia, Sweden and Turkey, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were in Romania (with a CAGR of +50.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest semi-chemical fluting suppliers to Egypt were Poland ($X), Finland ($X) and Russia ($X), with a combined 74% share of total imports. These countries were followed by Romania, Saudi Arabia, Hungary, Sweden and Turkey, which together accounted for a further 23%.

Romania, with a CAGR of +54.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average semi-chemical fluting import price stood at $X per ton in 2021, picking up by 14% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Romania ($X per ton) and Russia ($X per ton), while the price for Hungary ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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