Alloy Steel Powders Price in Egypt - 2023

Contents:

  1. Alloy Steel Powders Price in Egypt (FOB) - 2022
  2. Alloy Steel Powders Price in Egypt (CIF) - 2022
  3. Alloy Steel Powders Exports in Egypt
  4. Alloy Steel Powders Imports in Egypt

Alloy Steel Powders Price in Egypt (FOB) - 2022

In 2022, the average alloy steel powders export price amounted to $9,038 per ton, growing by 81% against the previous year. In general, the export price showed a buoyant increase. The growth pace was the most rapid in 2021 an increase of 416%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Libya.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +33.8% per year.

Alloy Steel Powders Price in Egypt (CIF) - 2022

The average alloy steel powders import price stood at $9,400 per ton in 2022, rising by 37% against the previous year. In general, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 156% against the previous year. As a result, import price reached the peak level of $10,358 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($9,400 per ton), while the price for China ($9,400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+26.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Alloy Steel Powders Exports in Egypt

In 2022, shipments abroad of alloy steel powderses decreased by -17.4% to 13 tons, falling for the second consecutive year after two years of growth. In general, exports faced a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 187%. As a result, the exports attained the peak of 240 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, alloy steel powders exports skyrocketed to $114K in 2022. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 66%. As a result, the exports attained the peak of $232K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Alloy Steel Powders in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LibyaN/AN/AN/A1140%
China34.8N/AN/AN/A0%
United Kingdom98.0231N/AN/A135.7%
Tunisia6.8N/AN/AN/A0%
Saudi ArabiaN/AN/A31.7N/A0%
OthersN/A0.444.7N/A11075.0%
Total14023276.4114-6.6%

Top Export Markets for Alloy Steel Powders from Egypt in 2022:

  1. Libya (12.6 tons)

Alloy Steel Powders Imports in Egypt

In 2022, supplies from abroad of alloy steel powderses increased by 579% to 11 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a dramatic slump.

In value terms, alloy steel powders imports soared to $101K in 2022. In general, imports, however, showed a precipitous slump.

Import of Alloy Steel Powders in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/A10.9N/A63.8141.9%
China77.918.47.433.4-24.6%
United StatesN/AN/AN/A2.60%
Greece2,461N/AN/AN/A0%
Others12.810.33.41.2-54.6%
Total2,55239.610.8101-65.9%

Top Suppliers of Alloy Steel Powders to Egypt in 2022:

  1. Sweden (6.8 tons)
  2. China (3.6 tons)
  3. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform

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