Price for Wood; Shingles and Shakes in Egypt - 2022
Contents:
- Price for Wood; Shingles and Shakes in Egypt (CIF) - 2022
- Price for Wood; Shingles and Shakes in Egypt (FOB) - 2022
- Imports of Wood; Shingles and Shakes in Egypt
- Exports of Wood; Shingles and Shakes in Egypt
Price for Wood; Shingles and Shakes in Egypt (CIF) - 2022
In 2022, the average wood; shingles and shakes import price amounted to $11,611 per ton, increasing by 59% against the previous year. In general, the import price enjoyed resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.9% per year.
Price for Wood; Shingles and Shakes in Egypt (FOB) - 2022
The average wood; shingles and shakes export price stood at $970 per ton in 2022, rising by 11% against the previous year. In general, the export price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 58%. Over the period under review, the average export prices reached the peak figure at $2,246 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($1,286 per ton), while the average price for exports to Saudi Arabia ($520 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 (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Wood; Shingles and Shakes in Egypt
In 2022, supplies from abroad of wood; shingles and shakeses decreased by -95.7% to 18 kg, falling for the second year in a row after two years of growth. In general, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 74%. As a result, imports reached the peak of 2.1 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, wood; shingles and shakes imports shrank rapidly to $209 in 2022. Over the period under review, imports faced a precipitous contraction. The growth pace was the most rapid in 2020 when imports increased by 96%. As a result, imports attained the peak of $13K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Wood; Shingles and Shakes in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 8.1 | 2.2 | 0.2 | -56.3% |
| Italy | 2.1 | 4.5 | 0.3 | N/A | -62.2% |
| Germany | 0.2 | 0.7 | 0.2 | N/A | 0.0% |
| Others | 2.1 | N/A | 0.3 | N/A | -62.2% |
| Total | 6.8 | 13.3 | 3.0 | 0.2 | -69.1% |
Top Suppliers of Wood; Shingles and Shakes to Egypt in 2022:
- China (18.0 kg)
Exports of Wood; Shingles and Shakes in Egypt
After three years of growth, overseas shipments of wood; shingles and shakeses decreased by -26% to 5.2 tons in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 108% against the previous year. As a result, the exports reached the peak of 7 tons, and then reduced sharply in the following year.
In value terms, wood; shingles and shakes exports declined remarkably to $5K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. As a result, the exports reached the peak of $6.1K, and then contracted notably in the following year.
| Export of Wood; Shingles and Shakes in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 2.6 | 3.3 | 4.7 | 4.1 | 16.4% |
| Saudi Arabia | 0.3 | 0.5 | 1.0 | 0.8 | 38.7% |
| Sudan | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Uruguay | N/A | N/A | 0.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.2 | 3.9 | 6.1 | 5.0 | 16.0% |
Top Export Markets for Wood; Shingles and Shakes from Egypt in 2022:
- Lebanon (3.6 tons)
- Saudi Arabia (1.5 tons)
- Sudan (0.1 tons)
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