Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt - 2024

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt
  4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of iron or steel stood at $48 per unit in 2022, growing by 9.8% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($48 per unit) and Belgium ($48 per unit), while the price for the UK ($48 per unit) and China ($48 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $42 per unit in 2022, rising by 2% against the previous year. In general, the export price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2015 an increase of 124% against the previous year. The export price peaked at $47 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cameroon ($42 per unit) and Eritrea ($42 per unit), while the average price for exports to Hungary ($42 per unit) and the UK ($42 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt

Imports of containers for compressed or liquefied gas, of iron or steel into Egypt reduced notably to 783K units in 2022, waning by -37.2% compared with 2021 figures. In general, imports, however, continue to indicate a noticeable expansion. The pace of growth was the most pronounced in 2021 with an increase of 108%. As a result, imports attained the peak of 1.2M units, and then shrank sharply in the following year.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel shrank notably to $38M in 2022. Over the period under review, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 126% against the previous year. As a result, imports reached the peak of $55M, and then contracted significantly in the following year.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates9.74.416.811.04.3%
China4.88.817.88.119.1%
Italy1.33.02.66.571.0%
Czech Republic0.30.62.64.4144.8%
Turkey0.70.88.42.041.9%
India2.41.21.31.4-16.4%
Germany1.30.91.31.2-2.6%
Others6.94.54.03.1-23.4%
Total27.424.254.737.711.2%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Egypt in 2022:

  1. United Arab Emirates (228.0K units)
  2. China (168.4K units)
  3. Italy (135.1K units)
  4. Czech Republic (90.6K units)
  5. Turkey (41.9K units)
  6. India (29.7K units)
  7. Germany (24.9K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt

Exports of containers for compressed or liquefied gas, of iron or steel from Egypt dropped notably to 28K units in 2022, which is down by -62.7% on the previous year. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 156% against the previous year. As a result, the exports attained the peak of 76K units, and then shrank significantly in the following year.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel contracted rapidly to $1.2M in 2022. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when exports increased by 156% against the previous year. As a result, the exports attained the peak of $3.1M, and then shrank markedly in the following year.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco15844.4N/A21510.8%
IndiaN/A80.937519856.4%
ChinaN/A35.837.5152106.1%
LiberiaN/AN/A85.796.212.3%
DjiboutiN/A72.855.095.014.2%
Eritrea2.8N/AN/A82.8209.2%
SomaliaN/AN/A86.454.7-36.7%
United Arab EmiratesN/A0.532.050.4904.0%
JapanN/A0.232.348.41455.6%
MaltaN/AN/AN/A37.30%
CameroonN/AN/AN/A31.20%
HungaryN/AN/AN/A27.80%
United KingdomN/A0.1N/A27.31552.3%
Others1,9619932,44082.0-65.3%
Total2,1211,2273,1441,198-17.3%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Egypt in 2022:

  1. Morocco (5.1K units)
  2. India (4.7K units)
  3. China (3.6K units)
  4. Liberia (2.3K units)
  5. Djibouti (2.3K units)
  6. Eritrea (2.0K units)
  7. Somalia (1.3K units)
  8. United Arab Emirates (1.2K units)
  9. Japan (1.1K units)
  10. Malta (0.9K units)
  11. Hungary (0.7K units)
  12. United Kingdom (0.7K units)
  13. Cameroon (0.7K units)

Source: IndexBox Market Intelligence Platform

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