Egypt: Plastic Supports Market 2025

Plastic Supports Market Size in Egypt

The Egyptian plastic supports market soared to $X in 2022, picking up by 3,232% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Plastic Supports Exports

Exports from Egypt

In 2022, approx. X tons of spools, cops, bobbins and similar supports of plastics were exported from Egypt; with a decrease of -69.6% on 2021. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 3,514% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, plastic supports exports shrank sharply to $X in 2022. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 3,818%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Libya (X tons) was the main destination for plastic supports exports from Egypt, with a 79% share of total exports. Moreover, plastic supports exports to Libya exceeded the volume sent to the second major destination, Romania (X tons), more than tenfold. Saudi Arabia (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Libya totaled -29.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (0.0% per year) and Saudi Arabia (+31.7% per year).

In value terms, Libya ($X) emerged as the key foreign market for spools, cops, bobbins and similar supports of plastics exports from Egypt, comprising 65% of total exports. The second position in the ranking was taken by Romania ($X), with a 12% share of total exports. It was followed by Saudi Arabia, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Libya totaled -16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (0.0% per year) and Saudi Arabia (+32.5% per year).

Export Prices by Country

In 2022, the average plastic supports export price amounted to $X per ton, which is down by -41.3% against the previous year. Overall, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 an increase of 104% against the previous year. The export price peaked at $X per ton in 2021, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Libya ($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 Libya (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Supports Imports

Imports into Egypt

Plastic supports imports into Egypt shrank notably to X tons in 2022, waning by -15% on the year before. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 78%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plastic supports imports fell to $X in 2022. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of 56% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest plastic supports supplier to Egypt, accounting for a 64% share of total imports. Moreover, plastic supports imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was taken by Italy (X tons), with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.8% per year) and Italy (-13.2% per year).

In value terms, Turkey ($X) constituted the largest supplier of spools, cops, bobbins and similar supports of plastics to Egypt, comprising 64% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by Italy, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.2% per year) and Italy (-12.6% per year).

Import Prices by Country

In 2022, the average plastic supports import price amounted to $X per ton, growing by 3.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 47% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and Hungary ($X per ton), while the price for China ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :