Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Egypt - 2022
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Egypt (CIF) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Egypt
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Egypt (CIF) - 2022
In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $986,228 per ton, shrinking by -18.8% against the previous year. Over the period under review, the import price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2016 an increase of 91% against the previous year. Over the period under review, average import prices hit record highs at $1,837,979 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +52.3% per year.
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Egypt
In 2022, imports of articles of precious metal or of metal clad with precious metal into Egypt skyrocketed to 26 tons, jumping by 122% against the previous year's figure. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 683%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of articles of precious metal or of metal clad with precious metal skyrocketed to $25M in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 537% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 6.0 | 14.1 | 25.4 | 105.8% |
| Others | 0.9 | N/A | N/A | N/A | 0% |
| Total | 0.9 | 6.0 | 14.1 | 25.4 | 204.5% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Egypt in 2022:
- China (25.8 tons)
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