Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt (CIF) - 2022
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $6,537 per ton in 2022, increasing by 9% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 iron or steel cast fittings, other than of non-malleable cast ira increased by +42.6% against 2017 indices. The pace of growth was the most pronounced in 2014 an increase of 34%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual 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 India ($6,537 per ton) and Japan ($6,537 per ton), while the price for Singapore ($6,537 per ton) and the UK ($6,537 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt (FOB) - 2022
In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $6,030 per ton, picking up by 2% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 133%. The export price peaked at $6,816 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($6,098 per ton), while the average price for exports to Kenya ($6,024 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt
In 2022, supplies from abroad of iron or steel cast fittings, other than of non-malleable cast ira was finally on the rise to reach 11K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a significant decline.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira soared to $70M in 2022. Overall, imports, however, continue to indicate a abrupt decline.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 33.8 | 32.1 | 13.9 | 30.5 | -3.4% |
| China | 22.3 | 25.3 | 11.2 | 13.9 | -14.6% |
| United States | 12.7 | 10.5 | 3.6 | 4.5 | -29.2% |
| Thailand | 2.0 | 1.7 | 1.6 | 3.3 | 18.2% |
| South Korea | 2.5 | 2.6 | 1.0 | 2.2 | -4.2% |
| India | 2.1 | 1.5 | 0.4 | 2.1 | 0.0% |
| Germany | 18.7 | 3.9 | 1.0 | 1.9 | -53.3% |
| Malaysia | 1.2 | 1.1 | 0.5 | 1.8 | 14.5% |
| Turkey | 1.2 | 1.5 | 1.0 | 1.4 | 5.3% |
| Poland | 1.3 | 1.3 | 0.6 | 1.1 | -5.4% |
| Singapore | 5.6 | 4.0 | 0.6 | 1.0 | -43.7% |
| United Kingdom | 3.1 | 2.0 | 3.9 | 0.9 | -33.8% |
| Japan | 12.3 | 2.8 | 0.7 | 0.5 | -65.6% |
| Others | 14.9 | 11.7 | 6.3 | 5.0 | -30.5% |
| Total | 134 | 102 | 46.1 | 70.2 | -19.4% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Egypt in 2022:
- Italy (4671.2 tons)
- China (2132.9 tons)
- United States (692.5 tons)
- Thailand (512.0 tons)
- South Korea (333.3 tons)
- India (327.1 tons)
- Germany (284.5 tons)
- Malaysia (269.2 tons)
- Turkey (209.3 tons)
- Poland (164.1 tons)
- Singapore (155.9 tons)
- United Kingdom (143.0 tons)
- Japan (82.7 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt
In 2022, shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira decreased by -95.9% to 3.5 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 554% against the previous year. As a result, the exports reached the peak of 85 tons, and then reduced sharply in the following year.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira fell sharply to $21K in 2022. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 545% against the previous year. As a result, the exports reached the peak of $504K, and then contracted remarkably in the following year.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | N/A | N/A | N/A | 18.8 | 0% |
| Kenya | N/A | N/A | N/A | 2.0 | 0% |
| Uganda | N/A | 12.4 | N/A | N/A | 0% |
| China | N/A | 28.9 | N/A | N/A | 0% |
| Vietnam | N/A | N/A | 433 | N/A | 0% |
| Syrian Arab Republic | N/A | 13.0 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 26.8 | N/A | 0% |
| Italy | 50.1 | 12.9 | 35.9 | N/A | -15.3% |
| Others | N/A | 11.0 | 9.0 | 0.3 | -83.5% |
| Total | 50.1 | 78.2 | 504 | 21.1 | -25.0% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Egypt in 2022:
- Libya (3.1 tons)
- Kenya (0.3 tons)
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