Egypt: Waste Cork Market 2025

Waste Cork Market Size in Egypt

The Egyptian waste cork market amounted to $X in 2021, approximately equating the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Waste Cork Production in Egypt

In value terms, waste cork production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 57%. Waste cork production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Waste Cork Exports

Exports from Egypt

In 2021, overseas shipments of waste cork, crushed, granulated or ground cork were finally on the rise to reach X kg after two years of decline. Over the period under review, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 395%. The exports peaked at X kg in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, waste cork exports soared to $X in 2021. In general, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 777% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Kuwait (X kg) was the main destination for waste cork exports from Egypt, with a 73% share of total exports. Moreover, waste cork exports to Kuwait exceeded the volume sent to the second major destination, Sudan (X kg), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kuwait was relatively modest.

In value terms, Sudan ($X) remains the key foreign market for waste cork, crushed, granulated or ground cork exports from Egypt, comprising 84% of total exports. The second position in the ranking was held by Kuwait ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Sudan totaled -3.8%.

Export Prices by Country

The average waste cork export price stood at $X per ton in 2021, which is down by -34.3% against the previous year. In general, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Kuwait stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+11.7%).

Waste Cork Imports

Imports into Egypt

In 2021, after two years of growth, there was significant decline in overseas purchases of waste cork, crushed, granulated or ground cork, when their volume decreased by -84.3% to X kg. Over the period under review, imports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 284%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, waste cork imports declined significantly to $X in 2021. In general, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2019 with an increase of 234%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X kg) constituted the largest supplier of waste cork to Egypt, with a 66% share of total imports. Moreover, waste cork imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X kg), sixfold. India (X kg) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -28.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+9.9% per year) and India (-13.0% per year).

In value terms, the United States ($X) constituted the largest supplier of waste cork, crushed, granulated or ground cork to Egypt, comprising 50% of total imports. The second position in the ranking was taken by China ($X), with a 24% share of total imports. It was followed by Germany, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-30.1% per year) and Germany (-23.6% per year).

Import Prices by Country

In 2021, the average waste cork import price amounted to $X per ton, picking up by 14% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, waste cork import price decreased by -11.6% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+42.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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