Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt - 2023

Contents:

  1. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt
  4. Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt (CIF) - 2022

In 2022, the average import price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $2,691 per ton, reducing by -2.6% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% 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; assembled flooring panels, other than multilayer or mosaic increased by +93.6% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 37% against the previous year. The import price peaked at $2,763 per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($3,787 per ton), while the price for China ($1,074 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt (FOB) - 2022

The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $2,436 per ton in 2022, falling by -2.9% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 44% against the previous year. As a result, the export price reached the peak level of $3,225 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($3,360 per ton), while the average price for exports to Kuwait ($774 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 Lebanon (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt

In 2022, imports of wood; assembled flooring panels, other than multilayer or mosaic into Egypt contracted dramatically to 517 tons, waning by -23.5% compared with the previous year's figure. In general, imports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 2.8%.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic fell remarkably to $1.4M in 2022. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, imports reached the peak of $1.9M, and then shrank notably in the following year.

Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5723625986253.0%
Slovenia290366363271-2.2%
Brazil87.139.138.378.8-3.3%
Denmark84.259.045.957.3-12.0%
Spain53.040.474.055.41.5%
Canada22.355.254.640.922.4%
Italy14394.973.033.1-38.6%
China56.036.220.815.6-34.7%
Others391277600214-18.2%
Total1,6991,3301,8681,391-6.4%

Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to Egypt in 2022:

  1. Germany (184.8 tons)
  2. Slovenia (168.2 tons)
  3. Brazil (26.8 tons)
  4. Italy (25.4 tons)
  5. Denmark (19.3 tons)
  6. Spain (16.4 tons)
  7. China (14.5 tons)
  8. Canada (12.5 tons)

Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt

In 2022, overseas shipments of wood; assembled flooring panels, other than multilayer or mosaic were finally on the rise to reach 117 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep downturn.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic skyrocketed to $286K in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage.

Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States330269211242-9.8%
Lebanon25.818.412.712.8-20.8%
Saudi Arabia29.211.00.87.6-36.2%
United Arab Emirates6.55.44.35.0-8.4%
Jordan8.56.44.75.0-16.2%
Kuwait11.06.53.73.1-34.4%
Others14.37.710.210.0-11.2%
Total426324247286-12.4%

Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from Egypt in 2022:

  1. United States (93.7 tons)
  2. Lebanon (10.0 tons)
  3. Kuwait (4.0 tons)
  4. Jordan (3.9 tons)
  5. Saudi Arabia (2.3 tons)
  6. United Arab Emirates (1.9 tons)

Source: IndexBox Market Intelligence Platform

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