Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Egypt - 2022

Contents:

1. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Egypt (CIF) - 2022
2. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Egypt (FOB) - 2022
3. Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Egypt
4. Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Egypt

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Egypt (CIF) - 2022

In 2022, the average import price for glass; unworked, in tubes, of fused quartz or other fused silica amounted to $43,613 per ton, with an increase of 2.1% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 glass; unworked, in tubes, of fused quartz or other fused silica increased by +14.0% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 55%. As a result, import price reached the peak level of $53,675 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($53,996 per ton), while the price for Indonesia ($4,778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Egypt (FOB) - 2022

The average export price for glass; unworked, in tubes, of fused quartz or other fused silica stood at $153,939 per ton in 2021, approximately mirroring the previous year. Overall, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 156% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($3,585,800 per ton), while the average price for exports to the United Arab Emirates amounted to $33,099 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+819.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Egypt

For the fourth consecutive year, Egypt recorded growth in purchases abroad of glass; unworked, in tubes, of fused quartz or other fused silica, which increased by 7% to 294 tons in 2022. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass; unworked, in tubes, of fused quartz or other fused silica amounted to $13M in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 9.5%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica to Egypt in 2022:

1. India (105.2 tons)
2. Germany (95.1 tons)
3. Indonesia (52.8 tons)
4. China (14.9 tons)
5. Italy (10.5 tons)
6. Spain (7.5 tons)
7. Pakistan (5.3 tons)

Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Egypt

In 2021, approx. 147 kg of glass; unworked, in tubes, of fused quartz or other fused silica were exported from Egypt; standing approx. at the previous year. Overall, exports recorded a precipitous decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of glass; unworked, in tubes, of fused quartz or other fused silica stood at $23K in 2021. Over the period under review, exports recorded a deep downturn. The smallest decline of 99.9% was in 2020.

Top Export Markets for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica from Egypt in 2022:

1. United Arab Emirates (142.0 kg)
2. Germany (5.0 kg)

Source: IndexBox Market Intelligence Platform