Price for Waste, Parings and Scrap, of Plastics in Egypt - 2023

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Egypt (CIF) - 2022
2. Price for Waste, Parings and Scrap, of Plastics in Egypt (FOB) - 2022
3. Imports of Waste, Parings and Scrap, of Plastics in Egypt
4. Exports of Waste, Parings and Scrap, of Plastics in Egypt

Price for Waste, Parings and Scrap, of Plastics in Egypt (CIF) - 2022

The average import price for waste, parings and scrap, of plasticses stood at $748 per ton in 2022, rising by 31% against the previous year. Over the period under review, the import price enjoyed a slight increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 34% against the previous year. The import price peaked at $1,055 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lebanon ($773 per ton) and Turkey ($773 per ton), while the price for Italy ($649 per ton) and Senegal ($724 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in Egypt (FOB) - 2022

In 2022, the average export price for waste, parings and scrap, of plasticses amounted to $592 per ton, increasing by 28% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 53%. As a result, the export price attained the peak level of $922 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($593 per ton), while the average price for exports to Germany totaled $592 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+10.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Waste, Parings and Scrap, of Plastics in Egypt

In 2022, imports of waste, parings and scrap, of plasticses into Egypt amounted to 11K tons, picking up by 15% compared with the year before. Over the period under review, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. As a result, imports reached the peak of 17K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of waste, parings and scrap, of plasticses soared to $7.9M in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Egypt in 2022:

1. Yemen (5.1K tons)
2. Sudan (1.4K tons)
3. Turkey (1.1K tons)
4. Senegal (1.1K tons)
5. Italy (1.0K tons)
6. United Kingdom (0.3K tons)
7. Lebanon (0.2K tons)
8. Spain (0.2K tons)

Exports of Waste, Parings and Scrap, of Plastics in Egypt

Exports of waste, parings and scrap, of plasticses from Egypt surged to 444 tons in 2022, growing by 411,131% against the previous year. In general, exports saw significant growth.

In value terms, exports of waste, parings and scrap, of plasticses soared to $263K in 2022. Overall, exports posted a significant increase.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Egypt in 2022:

1. Spain (418.5 tons)
2. Germany (19.9 tons)

Source: IndexBox Market Intelligence Platform