Price for Aluminium; Alloys, Hollow Profiles in Egypt - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Egypt (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Egypt (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Egypt
- Exports of Aluminium; Alloys, Hollow Profiles in Egypt
Price for Aluminium; Alloys, Hollow Profiles in Egypt (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $5,990 per ton in 2022, jumping by 25% against the previous year. Overall, the import price showed a modest expansion. The pace of growth appeared the most rapid in 2014 an increase of 82%. As a result, import price reached the peak level of $10,666 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($5,990 per ton) and Malaysia ($5,990 per ton), while the price for Kuwait ($5,990 per ton) and Italy ($5,990 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Egypt (FOB) - 2022
The average aluminium; alloys, hollow profiles export price stood at $6,505 per ton in 2022, increasing by 13% against the previous year. Over the period under review, the export price saw moderate growth. The most prominent rate of growth was recorded in 2020 an increase of 62% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($6,509 per ton) and Libya ($6,506 per ton), while the average price for exports to Congo ($6,504 per ton) and Ghana ($6,504 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Hollow Profiles in Egypt
In 2022, aluminium; alloys, hollow profiles imports into Egypt soared to 440 tons, increasing by 31% compared with 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, aluminium; alloys, hollow profiles imports surged to $2.6M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Hollow Profiles in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 186 | 35.2 | 117 | 1,191 | 85.7% |
| China | 431 | 366 | 218 | 543 | 8.0% |
| Italy | 39.9 | 127 | 166 | 259 | 86.5% |
| Kuwait | N/A | N/A | 52.3 | 195 | 272.8% |
| Turkey | 132 | 356 | 455 | 183 | 11.5% |
| Spain | 101 | 19.2 | 12.1 | 130 | 8.8% |
| Malaysia | N/A | N/A | N/A | 51.8 | 0% |
| Bahrain | N/A | 466 | 4.5 | 3.9 | -90.9% |
| Saudi Arabia | 85.7 | 188 | 315 | N/A | 91.7% |
| Others | 71.6 | 16.9 | 269 | 75.8 | 1.9% |
| Total | 1,047 | 1,575 | 1,609 | 2,633 | 36.0% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Egypt in 2022:
- Germany (198.8 tons)
- China (90.7 tons)
- Italy (43.2 tons)
- Kuwait (32.6 tons)
- Turkey (30.5 tons)
- Spain (21.7 tons)
- Malaysia (8.6 tons)
- Bahrain (0.7 tons)
Exports of Aluminium; Alloys, Hollow Profiles in Egypt
In 2022, shipments abroad of aluminium; alloys, hollow profileses decreased by -73.8% to 15 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 24% against the previous year. As a result, the exports reached the peak of 130 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, aluminium; alloys, hollow profiles exports contracted markedly to $98K in 2022. In general, exports saw a precipitous decline. The growth pace was the most rapid in 2020 when exports increased by 100%. As a result, the exports reached the peak of $682K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Aluminium; Alloys, Hollow Profiles in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 118 | 119 | 79.4 | 46.1 | -26.9% |
| Ghana | N/A | N/A | N/A | 24.3 | 0% |
| Libya | N/A | 33.9 | N/A | 14.6 | -34.4% |
| United Arab Emirates | N/A | N/A | N/A | 6.5 | 0% |
| Congo | N/A | N/A | N/A | 5.8 | 0% |
| Saudi Arabia | 44.7 | N/A | N/A | 0.2 | -83.5% |
| China | N/A | 62.2 | N/A | N/A | 0% |
| Jordan | 71.1 | N/A | N/A | N/A | 0% |
| Gabon | N/A | N/A | 109 | N/A | 0% |
| France | N/A | N/A | 66.7 | N/A | 0% |
| Lebanon | 80.3 | 415 | 23.4 | N/A | -46.0% |
| Zambia | N/A | 39.6 | N/A | N/A | 0% |
| Turkey | 24.5 | N/A | N/A | N/A | 0% |
| Others | 2.3 | 12.7 | 53.4 | 1.0 | -24.2% |
| Total | 341 | 682 | 332 | 98.4 | -33.9% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Egypt in 2022:
- Saudi Arabia (undefined tons)
- Morocco (7.1 tons)
- Ghana (3.7 tons)
- Libya (2.3 tons)
- United Arab Emirates (1.0 tons)
- Congo (0.9 tons)
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