Egypt: Market for Welded And Cold-Formed Sections Of Steel 2025

Market Size for Welded And Cold-Formed Sections Of Steel in Egypt

The Egyptian market for welded and cold-formed sections of steel totaled $X in 2022, increasing by 5.6% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Welded And Cold-Formed Sections Of Steel in Egypt

In value terms, welded and cold-formed steel sections production expanded sharply to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.9% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Welded And Cold-Formed Sections Of Steel

Exports from Egypt

In 2022, exports of welded and cold-formed sections of steel from Egypt surged to X tons, with an increase of 24% compared with 2021 figures. Overall, exports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2016 with an increase of 502% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, welded and cold-formed steel sections exports declined to $X in 2022. In general, exports posted tangible growth. The pace of growth appeared the most rapid in 2016 when exports increased by 508% against the previous year. The exports peaked at $X in 2021, and then dropped slightly in the following year.

Exports by Country

Jordan (X tons) was the main destination for welded and cold-formed steel sections exports from Egypt, with a 56% share of total exports. Moreover, welded and cold-formed steel sections exports to Jordan exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. Madagascar (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Jordan stood at +102.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+41.1% per year) and Madagascar (-44.7% per year).

In value terms, the largest markets for welded and cold-formed steel sections exported from Egypt were Jordan ($X), Madagascar ($X) and Germany ($X), with a combined 72% share of total exports.

Among the main countries of destination, Germany, with a CAGR of +52.9%, recorded the highest growth rate of 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 2022, the average export price for welded and cold-formed sections of steel amounted to $X per ton, with a decrease of -22.6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 79% against the previous year. The export price peaked at $X per ton in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Madagascar ($X per ton), while the average price for exports to the United Arab Emirates ($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 Saudi Arabia (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Welded And Cold-Formed Sections Of Steel

Imports into Egypt

In 2022, overseas purchases of welded and cold-formed sections of steel increased by 156% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2015 with an increase of 316%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, welded and cold-formed steel sections imports skyrocketed to $X in 2022. Over the period under review, imports, however, faced a sharp decline. The pace of growth was the most pronounced in 2015 with an increase of 356%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Saudi Arabia (X tons) and Germany (X tons) were the main suppliers of welded and cold-formed steel sections imports to Egypt, with a combined 79% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +16.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of welded and cold-formed sections of steel to Egypt, comprising 41% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 20% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+23.2% per year) and Germany (+11.6% per year).

Import Prices by Country

In 2022, the average import price for welded and cold-formed sections of steel amounted to $X per ton, shrinking by -15.6% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the average import price increased by 86% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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