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Egypt - Plaits And Similar Products Of Plaiting Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlaits and Basketwork Price in Egypt - 2023
Contents:
- Plaits and Basketwork Price in Egypt (FOB) - 2023
- Plaits and Basketwork Price in Egypt (CIF) - 2022
- Plaits and Basketwork Exports in Egypt
- Plaits and Basketwork Imports in Egypt
Plaits and Basketwork Price in Egypt (FOB) - 2023
The average plaits and basketwork export price stood at $9,882 per ton in July 2023, increasing by 17% against the previous month. In general, export price indicated a strong expansion from July 2022 to July 2023: its price increased at an average monthly rate of +5.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, plaits and basketwork export price increased by +72.4% against April 2023 indices. The growth pace was the most rapid in November 2022 an increase of 48% against the previous month. The export price peaked in July 2023.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Sudan ($74,771 per ton), while the average price for exports to Algeria ($4,035 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.
Plaits and Basketwork Price in Egypt (CIF) - 2022
In 2022, the average plaits and basketwork import price amounted to $6,576 per ton, growing by 30% against the previous year. Overall, the import price showed prominent growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($8,063 per ton), while the price for India ($3,587 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Plaits and Basketwork Exports in Egypt
In 2022, exports of plaits, basketwork, wickerwork and similar products of plaiting materials from Egypt stood at 1.3K tons, almost unchanged from 2021. Overall, exports recorded a modest expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2.1% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, plaits and basketwork exports fell to $3M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of $3.4M, and then contracted in the following year.
Export of Plaits and Basketwork in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 368 | 521 | 183 | 733 | 25.8% |
United States | 8.7 | 68.9 | 320 | 345 | 241.0% |
Mauritania | 160 | N/A | 148 | 308 | 24.4% |
Saudi Arabia | 61.0 | 42.7 | 561 | 304 | 70.8% |
Uganda | 91.5 | N/A | 45.0 | 164 | 21.5% |
Somalia | 629 | 664 | 550 | 46.9 | -57.9% |
Jordan | 2.2 | 28.1 | 55.8 | 45.2 | 173.9% |
Iraq | 0.9 | N/A | N/A | 37.2 | 245.8% |
Algeria | 177 | 158 | 267 | 34.9 | -41.8% |
Djibouti | 174 | 76.2 | N/A | N/A | -56.2% |
Others | 431 | 716 | 1,291 | 938 | 29.6% |
Total | 2,104 | 2,276 | 3,420 | 2,956 | 12.0% |
Top Export Markets for Plaits and Basketwork from Egypt in 2022:
- Kenya (600.3 tons)
- Uganda (170.9 tons)
- Mauritania (170.1 tons)
- Jordan (69.3 tons)
- United States (39.3 tons)
- Iraq (39.1 tons)
- Somalia (37.3 tons)
- Saudi Arabia (34.6 tons)
- Algeria (25.6 tons)
Plaits and Basketwork Imports in Egypt
In 2022, imports of plaits, basketwork, wickerwork and similar products of plaiting materials into Egypt shrank rapidly to 40 tons, declining by -65.8% against the previous year. Over the period under review, imports saw a sharp descent. The smallest decline of -15.7% was in 2021.
In value terms, plaits and basketwork imports fell notably to $266K in 2022. In general, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 2.7%.
Import of Plaits and Basketwork in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 161 | 147 | 107 | 162 | 0.2% |
Saudi Arabia | 308 | 132 | 203 | 23.5 | -57.6% |
India | 90.3 | 86.7 | 21.7 | 22.8 | -36.8% |
Indonesia | 20.3 | 5.9 | 33.7 | 17.1 | -5.6% |
Germany | 2.3 | 0.6 | N/A | 14.6 | 85.2% |
Vietnam | 105 | 99.1 | 20.5 | 13.5 | -49.5% |
Bangladesh | 21.5 | 6.8 | 12.0 | 5.0 | -38.5% |
Philippines | 28.0 | N/A | 7.1 | N/A | -49.6% |
United Arab Emirates | 34.9 | 88.5 | 81.5 | N/A | 52.8% |
Others | 83.7 | 17.1 | 113 | 7.1 | -56.1% |
Total | 856 | 583 | 599 | 266 | -32.3% |
Top Suppliers of Plaits and Basketwork to Egypt in 2022:
- China (22.0 tons)
- India (6.4 tons)
- Saudi Arabia (3.6 tons)
- Indonesia (3.0 tons)
- Vietnam (2.0 tons)
- Germany (1.9 tons)
- Bangladesh (0.6 tons)
This report provides an in-depth analysis of the plaits and basketwork market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16292500 - Manufactures of straw, of esparto or of other plaiting materials, basket ware and wickerwork
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the plaits and basketwork market in Egypt.
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This report provides an in-depth analysis of the global plaits and basketwork market.
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This report provides an in-depth analysis of the plaits and basketwork market in Egypt.
This report provides an in-depth analysis of the global plaits and basketwork market.
In 2016, approx. X tons of plaiting material were imported worldwide- standing approx. at the previous year figure. In general, plaiting material imports continue to indicate a abrupt decline. Th...
In 2016, the amount of plaiting material exported worldwide stood at X tons, lowering by -X% against the previous year level.
In 2016, approx. X tons of plaiting material were imported worldwide- standing approx. at the previous year figure. In general, plaiting material imports continue to indicate a abrupt decline. Th...
In 2016, the amount of plaiting material exported worldwide stood at X tons, lowering by -X% against the previous year level.