Egypt: Wadding Market 2024

Wadding Market Size in Egypt

The Egyptian wadding market contracted slightly to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Wadding Production in Egypt

In value terms, wadding production contracted slightly to $X in 2022 estimated in export price. Overall, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Wadding production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Wadding Exports

Exports from Egypt

In 2022, shipments abroad of wadding decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports showed a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, wadding exports dropped remarkably to $X in 2022. Overall, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Libya (X tons) was the main destination for wadding exports from Egypt, accounting for a X% share of total exports. Moreover, wadding exports to Libya exceeded the volume sent to the second major destination, Saudi Arabia (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Libya amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Turkey (X% per year).

In value terms, Libya ($X) emerged as the key foreign market for wadding exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Libya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Turkey (X% per year).

Export Prices by Country

The average wadding export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price recorded significant growth. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per ton) and Sudan ($X per ton), while the average price for exports to Turkey ($X per ton) and Libya ($X 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 Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wadding Imports

Imports into Egypt

In 2022, overseas purchases of wadding were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a slight curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, wadding imports surged to $X in 2022. Overall, imports posted notable growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest wadding supplier to Egypt, with a X% share of total imports. Moreover, wadding imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Poland (X tons), sixfold. The third position in this ranking was held by the Czech Republic (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Czech Republic (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of wadding to Egypt, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with an X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average wadding import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wadding import price increased by X% against 2017 indices. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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