Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Egypt - 2024

Contents:

1. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Egypt (CIF) - 2022
2. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Egypt (FOB) - 2022
3. Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Egypt
4. Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Egypt

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Egypt (CIF) - 2022

In 2022, the average import price for sanitary ware and parts thereof, of iron or steel amounted to $13 per unit, increasing by 9.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 13% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($14 per unit) and Portugal ($14 per unit), while the price for Italy ($11 per unit) and South Korea ($12 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Egypt (FOB) - 2022

In 2022, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $11 per unit, growing by 9.4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $14 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($13 per unit), while the average price for exports to Sudan ($8.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Egypt

In 2022, supplies from abroad of sanitary ware and parts thereof, of iron or steel decreased by -34.5% to 1.5M units, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 21%. As a result, imports attained the peak of 2.6M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of sanitary ware and parts thereof, of iron or steel dropped remarkably to $19M in 2022. Over the period under review, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 29%. As a result, imports reached the peak of $28M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Egypt in 2022:

1. China (667.2K units)
2. Turkey (394.8K units)
3. South Korea (165.4K units)
4. Spain (64.8K units)
5. Italy (48.9K units)
6. United Arab Emirates (34.4K units)
7. Germany (32.6K units)

Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Egypt

In 2022, shipments abroad of sanitary ware and parts thereof, of iron or steel increased by 52% to 68K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous descent. The exports peaked at 295K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of sanitary ware and parts thereof, of iron or steel skyrocketed to $750K in 2022. In general, exports, however, faced a precipitous shrinkage. Over the period under review, the exports of hit record highs at $3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Egypt in 2022:

1. Djibouti (15.5K units)
2. Sudan (13.6K units)
3. Iraq (12.3K units)
4. Libya (6.5K units)
5. Kuwait (6.2K units)
6. Saudi Arabia (3.5K units)
7. Jordan (3.2K units)
8. Kenya (2.7K units)

Source: IndexBox Market Intelligence Platform