Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt - 2023

Contents:

  1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt (CIF) - 2022
  2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt (FOB) - 2022
  3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt
  4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt (CIF) - 2022

In 2022, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $14,123 per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2020 an increase of 25%. The import price peaked at $14,210 per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14,197 per ton), while the price for Spain ($9,054 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt (FOB) - 2022

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $12,067 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2015 an increase of 145% against the previous year. The export price peaked at $12,195 per ton in 2021, and then fell slightly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($12,068 per ton), while the average price for exports to Sudan ($11,636 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 Palestine (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt

In 2022, overseas purchases of footwear; parts, outer soles and heels, of rubber or plasticses were finally on the rise to reach 334 tons after two years of decline. Overall, imports, however, faced a deep downturn.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses expanded sharply to $4.7M in 2022. In general, imports, however, recorded a abrupt decline.

Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.44.52.94.3-7.3%
Turkey0.20.20.20.426.0%
Spain0.1N/AN/AN/A0%
MalaysiaN/AN/AN/AN/A0%
Italy0.10.2N/AN/A100.0%
OthersN/AN/A1.1N/A0%
Total5.84.94.24.7-6.8%

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Egypt in 2022:

  1. China (299.6 tons)
  2. Turkey (28.7 tons)
  3. Spain (4.7 tons)
  4. Italy (0.8 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt

In 2022, approx. 6.6 tons of footwear; parts, outer soles and heels, of rubber or plasticses were exported from Egypt; reducing by -33.8% on the year before. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 2,459%. As a result, the exports reached the peak of 10 tons, and then contracted notably in the following year.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses fell sharply to $80K in 2022. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 2,628% against the previous year. As a result, the exports attained the peak of $122K, and then contracted remarkably in the following year.

Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A43.40%
Saudi ArabiaN/AN/AN/A36.30%
Sudan6.64.51220.1-75.3%
OthersN/AN/AN/AN/A0%
Total6.64.512279.9129.6%

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Egypt in 2022:

  1. Nigeria (3.6 tons)
  2. Saudi Arabia (3.0 tons)

Source: IndexBox Market Intelligence Platform

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