Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt - 2023

Contents:

  1. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt (CIF) - 2022
  2. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt (FOB) - 2022
  3. Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt
  4. Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt (CIF) - 2022

In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $12,894 per ton, rising by 9.5% against the previous year. Over the period under review, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 80% against the previous year. Over the period under review, average import prices attained the peak figure 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 countries with the highest prices were Germany ($12,847 per ton) and Switzerland ($12,847 per ton), while the price for Vietnam ($12,844 per ton) and China ($12,845 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt (FOB) - 2022

The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $14,278 per ton in 2022, shrinking by -7.3% against the previous year. In general, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of 1,180% against the previous year. The export price peaked at $15,466 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($14,279 per ton), while the average price for exports to the United States ($12,333 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 Sudan (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt

In 2022, imports of iron or steel; non-threaded cotters and cotter-pinses into Egypt declined significantly to 163 tons, dropping by -72.4% on the previous year's figure. Overall, imports saw a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 130%.

In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses fell significantly to $2.1M in 2022. In general, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 132% against the previous year. As a result, imports reached the peak of $7M, and then dropped significantly in the following year.

Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,224766692765-14.5%
France1,055672954304-33.9%
Thailand48.810.871.120761.9%
IndonesiaN/AN/A17519511.4%
India8.02.410.0123148.7%
Japan1,0938953,64579.2-58.3%
Turkey6.840.86.171.2118.8%
Poland65.730.80.165.5-0.1%
Taiwan (Chinese)70.022.038.460.3-4.9%
Vietnam5.9N/A18.951.8106.3%
Germany41281.169.950.8-50.2%
United States12332446.421.3-44.3%
Others4331671,247108-37.1%
Total4,5453,0126,9742,104-22.6%

Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Egypt in 2022:

  1. China (59.6 tons)
  2. France (23.7 tons)
  3. Thailand (16.1 tons)
  4. Indonesia (15.2 tons)
  5. India (9.6 tons)
  6. Japan (6.2 tons)
  7. Turkey (5.5 tons)
  8. Poland (5.1 tons)
  9. Taiwan (Chinese) (4.7 tons)
  10. Vietnam (4.0 tons)
  11. Germany (4.0 tons)
  12. United States (1.7 tons)

Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt

Exports of iron or steel; non-threaded cotters and cotter-pinses from Egypt soared to 4.5 tons in 2022, increasing by 301% against 2021 figures. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 550% against the previous year. As a result, the exports attained the peak of 9.8 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses skyrocketed to $65K in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 8,225% against the previous year. As a result, the exports attained the peak of $145K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TanzaniaN/AN/AN/A56.90%
GermanyN/AN/AN/A6.90%
DenmarkN/AN/A12.3N/A0%
Lebanon0.7N/AN/AN/A0%
Oman1.02.20.2N/A-55.3%
MadagascarN/A36.9N/AN/A0%
EritreaN/A106N/AN/A0%
OthersN/A0.14.90.8182.8%
Total1.714517.464.5236.0%

Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Egypt in 2022:

  1. Tanzania (4.0 tons)
  2. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

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