Price for Metals; Platinum, Unwrought or in Powder Form in Egypt - 2023

Contents:

1. Price for Metals; Platinum, Unwrought or in Powder Form in Egypt (FOB) - 2022
2. Price for Metals; Platinum, Unwrought or in Powder Form in Egypt (CIF) - 2022
3. Exports of Metals; Platinum, Unwrought or in Powder Form in Egypt
4. Imports of Metals; Platinum, Unwrought or in Powder Form in Egypt

Price for Metals; Platinum, Unwrought or in Powder Form in Egypt (FOB) - 2022

The average export price for metals; platinum, unwrought or in powder forms stood at $33,837,833 per ton in 2022, reducing by -7.3% against the previous year. In general, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 23% against the previous year. As a result, the export price reached the peak level of $36,495 per kg, and then contracted in the following year.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2018 to 2022, the rate of growth in terms of prices for Italy amounted to +62.1% per year.

Price for Metals; Platinum, Unwrought or in Powder Form in Egypt (CIF) - 2022

In 2022, the average import price for metals; platinum, unwrought or in powder forms amounted to $33,161,500 per ton, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 2,798% against the previous year. Over the period under review, average import prices reached the peak figure at $47,509,100 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2013 to 2022, the rate of growth in terms of prices for Germany amounted to +24.3% per year.

Exports of Metals; Platinum, Unwrought or in Powder Form in Egypt

In 2022, shipments abroad of metals; platinum, unwrought or in powder forms decreased by -81.8% to 6 kg for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 230% against the previous year. As a result, the exports attained the peak of 33 kg, and then contracted notably in the following year.

In value terms, exports of metals; platinum, unwrought or in powder forms fell sharply to $203K in 2022. In general, exports faced a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 306%. As a result, the exports attained the peak of $1.2M, and then dropped sharply in the following year.

Top Export Markets for Metals; Platinum, Unwrought or in Powder Form from Egypt in 2022:

1. Italy (6.0 kg)

Imports of Metals; Platinum, Unwrought or in Powder Form in Egypt

In 2022, the amount of metals; platinum, unwrought or in powder forms imported into Egypt totaled 2 kg, therefore, remained relatively stable against the previous year's figure. Overall, imports faced a sharp decrease. The smallest decline of -60% was in 2020.

In value terms, imports of metals; platinum, unwrought or in powder forms totaled $66K in 2022. Over the period under review, imports continue to indicate a sharp decline. The smallest decline of -72.1% was in 2020.

Top Suppliers of Metals; Platinum, Unwrought or in Powder Form to Egypt in 2022:

1. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform