Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt - 2023

Contents:

  1. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt (FOB) - 2022
  2. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt (CIF) - 2022
  3. Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt
  4. Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt (FOB) - 2022

The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $6,661 per ton in 2022, jumping by 20% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; alloys, bars, rods and profiles, other than hollows increased by +74.7% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 45% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Lebanon ($6,661 per ton) and the Czech Republic ($6,661 per ton), while the average price for exports to France ($6,661 per ton) and Italy ($6,661 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 Israel (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt (CIF) - 2022

In 2022, the average import price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $5,933 per ton, surging by 29% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; alloys, bars, rods and profiles, other than hollows increased by +128.5% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 54% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Oman ($5,933 per ton) and Bahrain ($5,933 per ton), while the price for China ($5,933 per ton) and the UK ($5,933 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt

Exports of aluminium; alloys, bars, rods and profiles, other than hollows from Egypt reduced to 16K tons in 2022, falling by -6.8% on 2021. In general, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 8.7%.

In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows rose sharply to $104M in 2022. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 25%.

Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.711.620.222.424.2%
Morocco13.015.523.021.017.3%
Italy49.019.37.114.4-33.5%
Lebanon6.96.910.110.715.7%
Tunisia4.66.55.64.81.4%
France4.92.45.14.6-2.1%
United Kingdom3.41.53.04.610.6%
Libya3.20.82.93.42.0%
Czech Republic0.30.52.73.2120.1%
Greece2.10.61.13.113.9%
Jordan4.51.10.92.2-21.2%
Sudan0.50.60.92.058.7%
IsraelN/AN/A0.31.7466.7%
Others28.77.510.66.5-39.0%
Total13375.093.5104-7.9%

Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Egypt in 2022:

  1. Germany (3.4K tons)
  2. Morocco (3.2K tons)
  3. Italy (2.2K tons)
  4. Lebanon (1.6K tons)
  5. France (0.7K tons)
  6. United Kingdom (0.7K tons)
  7. Tunisia (0.7K tons)
  8. Czech Republic (0.5K tons)
  9. Libya (0.5K tons)
  10. Greece (0.5K tons)
  11. Israel (0.3K tons)
  12. Sudan (0.3K tons)
  13. Jordan (0.3K tons)

Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt

In 2022, after two years of decline, there was significant growth in overseas purchases of aluminium; alloys, bars, rods and profiles, other than hollows, when their volume increased by 99% to 4.7K tons. In general, imports, however, showed a sharp decline.

In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows soared to $28M in 2022. Over the period under review, imports, however, showed a precipitous decline.

Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain30.15.81.113.5-23.5%
United Kingdom0.50.1N/A3.489.5%
Saudi Arabia5.91.71.73.1-19.3%
United Arab Emirates4.11.12.82.2-18.7%
Greece1.20.60.41.610.1%
China2.51.40.51.4-17.6%
Turkey2.01.41.30.8-26.3%
Oman8.31.1N/A0.6-58.3%
Others2.91.12.90.9-32.3%
Total57.514.310.827.6-21.7%

Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Egypt in 2022:

  1. Bahrain (2272.7 tons)
  2. United Kingdom (581.0 tons)
  3. Saudi Arabia (518.6 tons)
  4. United Arab Emirates (373.2 tons)
  5. Greece (272.5 tons)
  6. China (243.3 tons)
  7. Turkey (132.3 tons)
  8. Oman (99.0 tons)

Source: IndexBox Market Intelligence Platform

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