Egypt: Woolen Yarn Market 2025

Woolen Yarn Market Size in Egypt

The Egyptian woolen yarn market fell remarkably to $X in 2021, declining by -18.4% against the previous year. Overall, consumption showed a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Woolen Yarn Production in Egypt

In value terms, woolen yarn production expanded significantly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep slump. Woolen yarn production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Woolen Yarn Exports

Exports from Egypt

Woolen yarn exports from Egypt declined notably to X tons in 2021, reducing by -28.8% on 2020 figures. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2013 when exports increased by 130% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, woolen yarn exports surged to $X in 2021. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2016 when exports increased by 146% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for woolen yarn exports from Egypt, accounting for a 34% share of total exports. Moreover, woolen yarn exports to the United States exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. The third position in this ranking was held by Syrian Arab Republic (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+11.6% per year) and Syrian Arab Republic (+55.5% per year).

In value terms, the United States ($X), Belgium ($X) and Syrian Arab Republic ($X) were the largest markets for woolen yarn exported from Egypt worldwide, with a combined 66% share of total exports.

Syrian Arab Republic, with a CAGR of +63.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average woolen yarn export price stood at $X per ton in 2021, growing by 68% against the previous year. Overall, the export price recorded a strong expansion. The growth pace was the most rapid in 2018 when the average export price increased by 89%. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Kuwait ($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 Turkey (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Woolen Yarn Imports

Imports into Egypt

In 2021, approx. X tons of yarn of wool were imported into Egypt; with a decrease of -84.8% on 2020 figures. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 55% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, woolen yarn imports dropped notably to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 76%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), Turkey (X tons) and India (X tons) were the main suppliers of woolen yarn imports to Egypt, with a combined 84% share of total imports. Bulgaria and China lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +12.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest woolen yarn suppliers to Egypt were Italy ($X), Turkey ($X) and Bulgaria ($X), with a combined 76% share of total imports.

Bulgaria, with a CAGR of +27.5%, 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 woolen yarn import price stood at $X per ton in 2021, picking up by 23% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 31% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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