Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Egypt - 2023

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Egypt (CIF) - 2023
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Egypt (FOB) - 2022
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Egypt
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Egypt

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Egypt (CIF) - 2023

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $5,188 per ton in September 2023, increasing by 2.6% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 16% month-to-month. As a result, import price attained the peak level of $6,246 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($4,953 per ton), while the price for Turkey ($4,602 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Portugal (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Egypt (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $5,538 per ton in 2022, reducing by -18% against the previous year. In general, the export price recorded a perceptible curtailment. The growth pace was the most rapid in 2020 an increase of 182%. Over the period under review, the average export prices reached the peak figure at $13,489 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Sudan ($6,557 per ton) and Syrian Arab Republic ($6,501 per ton), while the average price for exports to Saudi Arabia ($5,462 per ton) and Angola ($6,500 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 Lebanon (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Egypt

In 2022, the amount of felt; whether or not impregnated, coated, covered or laminateds imported into Egypt declined notably to 476 tons, falling by -17.9% compared with 2021 figures. Over the period under review, imports saw a dramatic decrease. The smallest decline of -17.8% was in 2021.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds declined to $2.6M in 2022. In general, imports continue to indicate a deep reduction. The smallest decline of -11% was in 2021.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Egypt in 2022:

1. China (203.4 tons)
2. United Kingdom (118.1 tons)
3. Turkey (63.7 tons)
4. Netherlands (39.8 tons)
5. India (20.1 tons)
6. Italy (11.6 tons)
7. Germany (9.9 tons)
8. Czech Republic (7.6 tons)
9. United States (1.0 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Egypt

For the fourth year in a row, Egypt recorded growth in overseas shipments of felt; whether or not impregnated, coated, covered or laminateds, which increased by 28% to 128 tons in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 177%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds reached $708K in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 230%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Egypt in 2022:

1. Saudi Arabia (118.6 tons)
2. Angola (4.7 tons)
3. Syrian Arab Republic (4.5 tons)
4. Sudan (0.1 tons)

Source: IndexBox Market Intelligence Platform