Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Egypt - 2024

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Egypt (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Egypt (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Egypt
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Egypt

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Egypt (CIF) - 2022

In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $1,716 per ton, jumping by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 an increase of 18%. The import price peaked 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 the United Arab Emirates ($1,716 per ton) and Ukraine ($1,716 per ton), while the price for South Korea ($1,713 per ton) and Japan ($1,715 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Egypt (FOB) - 2022

In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $1,592 per ton, surging by 9.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 125% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Tanzania ($1,592 per ton) and Lebanon ($1,592 per ton), while the average price for exports to Sudan ($1,592 per ton) and Kenya ($1,592 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Egypt

After three years of growth, overseas purchases of tubes, pipes and hollow profiles, of cast iron decreased by -37.3% to 6.3K tons in 2022. Over the period under review, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 99% against the previous year.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron shrank remarkably to $11M in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 105% against the previous year.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Egypt in 2022:

1. United Arab Emirates (1692.5 tons)
2. United States (1101.3 tons)
3. Singapore (685.6 tons)
4. China (542.1 tons)
5. Italy (508.2 tons)
6. Ukraine (325.9 tons)
7. Saudi Arabia (233.8 tons)
8. Turkey (195.9 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Egypt

In 2022, shipments abroad of tubes, pipes and hollow profiles, of cast iron decreased by -81.8% to 138 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 354% against the previous year. As a result, the exports attained the peak of 760 tons, and then reduced rapidly in the following year.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron fell significantly to $220K in 2022. Over the period under review, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 319% against the previous year. As a result, the exports reached the peak of $1.1M, and then dropped dramatically in the following year.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Egypt in 2022:

1. Tanzania (43.9 tons)
2. Kenya (43.1 tons)
3. Saudi Arabia (17.5 tons)
4. Libya (17.0 tons)
5. Lebanon (16.5 tons)

Source: IndexBox Market Intelligence Platform