Price for Chain; Articulated Link, Roller, of Iron or Steel in Egypt - 2023

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Egypt (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Egypt (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Egypt
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Egypt

Price for Chain; Articulated Link, Roller, of Iron or Steel in Egypt (CIF) - 2022

In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $11,975 per ton, falling by -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2020 an increase of 24% against the previous year. The import price peaked at $12,165 per ton in 2021, and then dropped modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($11,979 per ton) and Japan ($11,977 per ton), while the price for Italy ($11,975 per ton) and Spain ($11,975 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Egypt (FOB) - 2022

In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $15,538 per ton, therefore, remained relatively stable against the previous year. In general, export price indicated significant growth from 2020 to 2022: its price increased at an average annual rate of +24.7% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for chain; articulated link, roller, of iron or steel increased by +55.4% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 53%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($28,571 per ton), while the average price for exports to Mauritius ($2,000 per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+411.5%), while the prices for the other major destinations experienced a decline.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Egypt

In 2022, approx. 183 tons of chain; articulated link, roller, of iron or steel were imported into Egypt; with an increase of 25% against 2021 figures. Overall, imports, however, recorded a abrupt slump.

In value terms, imports of chain; articulated link, roller, of iron or steel skyrocketed to $2.2M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, imports reached the peak of $2.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Egypt in 2022:

1. China (101.3 tons)
2. Germany (23.6 tons)
3. Italy (20.6 tons)
4. India (11.6 tons)
5. United States (7.6 tons)
6. Spain (5.5 tons)
7. Japan (4.5 tons)
8. United Kingdom (2.5 tons)
9. France (1.2 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Egypt

In 2022, overseas shipments of chain; articulated link, roller, of iron or steel decreased by -49.4% to 39 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,467% against the previous year. As a result, the exports reached the peak of 77 kg, and then shrank markedly in the following year.

In value terms, exports of chain; articulated link, roller, of iron or steel fell rapidly to $606 in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,837%. As a result, the exports reached the peak of $1.2K, and then dropped markedly in the following year.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Egypt in 2022:

1. Mauritius (12.0 kg)
2. Nigeria (12.0 kg)
3. Argentina (7.0 kg)
4. France (7.0 kg)
5. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform