Hand Saws Price in Egypt - 2023

Contents:

  1. Hand Saws Price in Egypt (CIF) - 2023
  2. Hand Saws Price in Egypt (FOB) - 2022
  3. Hand Saws Imports in Egypt
  4. Hand Saws Exports in Egypt

Hand Saws Price in Egypt (CIF) - 2023

The average hand saws import price stood at $25,967 per ton in June 2023, declining by -2.4% against the previous month. Over the period from July 2022 to June 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 36% m-o-m. As a result, import price attained the peak level of $28,936 per ton. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($31,358 per ton), while the price for Austria ($19,589 per ton) was amongst the lowest.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced a decline.

Hand Saws Price in Egypt (FOB) - 2022

In 2022, the average hand saws export price amounted to $44,779 per ton, increasing by 54% against the previous year. Overall, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 391% 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 the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($44,861 per ton), while the average price for exports to Saudi Arabia totaled $12,840 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+5.5%).

Hand Saws Imports in Egypt

In 2022, supplies from abroad of hand sawses was finally on the rise to reach 1.1K tons after two years of decline. Overall, imports, however, recorded a sharp slump.

In value terms, hand saws imports rose markedly to $9.1M in 2022. Over the period under review, imports, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.

Import of Hand Saws in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.93.94.66.53.3%
Italy1.00.51.10.9-3.5%
Germany0.60.70.40.60.0%
Poland0.10.20.20.10.0%
Others2.71.61.91.0-28.2%
Total10.37.08.29.1-4.0%

Top Suppliers of Hand Saws to Egypt in 2022:

  1. China (830.9 tons)
  2. Poland (140.6 tons)
  3. Italy (30.4 tons)
  4. Germany (23.1 tons)

Hand Saws Exports in Egypt

In 2022, the amount of hand sawses exported from Egypt soared to 13 tons, increasing by 22,002% on the previous year. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hand saws exports surged to $594K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Hand Saws in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LibyaN/AN/AN/A5930%
Saudi ArabiaN/A6.70.10.3-78.8%
GermanyN/A49.0N/AN/A0%
Oman3.0N/AN/AN/A0%
OthersN/A10.81.60.5-78.5%
Total3.066.41.7594482.8%

Top Export Markets for Hand Saws from Egypt in 2022:

  1. Saudi Arabia (undefined tons)
  2. Libya (13.2 tons)

Source: IndexBox Market Intelligence Platform

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