Egypt - Glass Fibres and Glass Fibre Articles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Egypt - Glass Fibres and Glass Fibre Articles - Market Analysis, Forecast, Size, Trends and Insights

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Price for Glass Fibre and Article in Egypt - 2023

Contents:

  1. Price for Glass Fibre and Article in Egypt (FOB) - 2022
  2. Price for Glass Fibre and Article in Egypt (CIF) - 2022
  3. Exports of Glass Fibre and Article in Egypt
  4. Imports of Glass Fibre and Article in Egypt

Price for Glass Fibre and Article in Egypt (FOB) - 2022

In 2022, the average glass fibre and article export price amounted to $6,082 per ton, jumping by 178% against the previous year. In general, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($8,132 per ton), while the average price for exports to the United Arab Emirates ($3,573 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 China (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Glass Fibre and Article in Egypt (CIF) - 2022

In 2022, the average glass fibre and article import price amounted to $2,010 per ton, which is down by -6.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 26%. As a result, import price reached the peak level of $2,217 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($5,993 per ton), while the price for Kuwait ($1,373 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 (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Glass Fibre and Article in Egypt

For the third consecutive year, Egypt recorded decline in shipments abroad of glass fibres and glass fibre articles, which decreased by -79.4% to 40K tons in 2022. Overall, exports faced a precipitous contraction. The smallest decline of -2.3% was in 2021.

In value terms, glass fibre and article exports shrank sharply to $242M in 2022. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, the exports attained the peak of $422M, and then dropped remarkably in the following year.

Export of Glass Fibre and Article in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey33.344.881.052.516.4%
United States21.641.936.035.417.9%
Germany18.28.817.226.513.3%
Netherlands35.229.220.925.3-10.4%
Italy30.922.223.921.5-11.4%
Spain34.326.921.219.0-17.9%
Poland18.816.616.410.1-18.7%
Finland6.04.04.77.57.7%
United Kingdom17.813.512.66.6-28.2%
Morocco2.03.54.24.026.0%
France20.713.118.83.8-43.2%
Lithuania4.54.86.93.6-7.2%
China5.411.67.31.8-30.7%
Others11691.715124.7-40.3%
Total364333422242-12.7%

Top Export Markets for Glass Fibre and Article from Egypt in 2022:

  1. United States (8.2K tons)
  2. Turkey (8.0K tons)
  3. Germany (4.0K tons)
  4. Netherlands (3.8K tons)
  5. Italy (3.5K tons)
  6. Spain (2.9K tons)
  7. Poland (1.2K tons)
  8. Finland (1.2K tons)
  9. United Kingdom (1.1K tons)
  10. Morocco (0.8K tons)
  11. Lithuania (0.6K tons)
  12. France (0.5K tons)
  13. China (0.3K tons)

Imports of Glass Fibre and Article in Egypt

Glass fibre and article imports into Egypt expanded sharply to 14K tons in 2022, growing by 6.1% compared with the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, glass fibre and article imports contracted slightly to $28M in 2022. In general, imports recorded a mild expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports reached the peak of $28M, leveling off in the following year.

Import of Glass Fibre and Article in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.47.812.819.215.7%
Turkey5.65.24.03.5-14.5%
Kuwait2.80.81.71.9-12.1%
Saudi Arabia1.01.22.50.8-7.2%
Japan0.40.50.20.40.0%
Others5.33.67.12.4-23.2%
Total27.419.228.428.21.0%

Top Suppliers of Glass Fibre and Article to Egypt in 2022:

  1. China (9.7K tons)
  2. Turkey (2.0K tons)
  3. Kuwait (1.4K tons)
  4. Japan (0.2K tons)
  5. Saudi Arabia (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glass fibre and article in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
  • Prodcom 23141130 - Glass fibre filaments (including rovings)
  • Prodcom 23141150 - Slivers, yarns and chopped strands of filaments of glass fibres (excluding glass fibre threads cut into lengths of at least 3 mm but . .50 mm)
  • Prodcom 23141170 - Staple glass fibre articles
  • Prodcom 23141210 -
  • Prodcom 23141230 -
  • Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
  • Prodcom 23141293 -
  • Prodcom 23141295 -
  • Prodcom 23141299 -
  • Prodcom 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)

Country coverage:

  • Egypt

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Egypt
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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