Price for Wood; Shuttering for Concrete Constructional Work in Egypt - 2023

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Egypt (CIF) - 2022
  2. Price for Wood; Shuttering for Concrete Constructional Work in Egypt (FOB) - 2022
  3. Imports of Wood; Shuttering for Concrete Constructional Work in Egypt
  4. Exports of Wood; Shuttering for Concrete Constructional Work in Egypt

Price for Wood; Shuttering for Concrete Constructional Work in Egypt (CIF) - 2022

In 2022, the average import price for wood; shuttering for concrete constructional work amounted to $1,817 per ton, increasing by 15% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood; shuttering for concrete constructional work increased by +45.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 26% against the previous year. The import price peaked at $1,883 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($1,817 per ton), while the price for China totaled $1,817 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wood; Shuttering for Concrete Constructional Work in Egypt (FOB) - 2022

The average export price for wood; shuttering for concrete constructional work stood at $2,261 per ton in 2022, jumping by 142% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2020 an increase of 165% against the previous year. The export price peaked at $9,800 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Nigeria amounted to +27.8% per year.

Imports of Wood; Shuttering for Concrete Constructional Work in Egypt

In 2022, overseas purchases of wood; shuttering for concrete constructional work decreased by -58% to 641 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 76%.

In value terms, imports of wood; shuttering for concrete constructional work fell markedly to $1.2M in 2022. Overall, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 with an increase of 41%.

Import of Wood; Shuttering for Concrete Constructional Work in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria8871,4161,349678-8.6%
China27.87.2524487159.7%
Germany363308313N/A-7.1%
Others7.173.8226N/A464.2%
Total1,2841,8052,4111,165-3.2%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Egypt in 2022:

  1. Austria (373.4 tons)
  2. China (268.0 tons)

Exports of Wood; Shuttering for Concrete Constructional Work in Egypt

In 2022, exports of wood; shuttering for concrete constructional work from Egypt declined to 151 tons, dropping by -10.8% compared with 2021 figures. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,841% against the previous year. As a result, the exports reached the peak of 169 tons, and then fell in the following year.

In value terms, exports of wood; shuttering for concrete constructional work skyrocketed to $341K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,388% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Wood; Shuttering for Concrete Constructional Work in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/A28.03411117.9%
CyprusN/A10.6N/AN/A0%
Jordan7.2N/AN/AN/A0%
Malta9.0N/AN/AN/A0%
United Arab EmiratesN/AN/A29.2N/A0%
Saudi ArabiaN/AN/A101N/A0%
Others1.8N/AN/AN/A0%
Total18.010.6158341166.6%

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Egypt in 2022:

  1. Nigeria (150.6 tons)

Source: IndexBox Market Intelligence Platform

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