Gold Compounds Price in Egypt - 2022
Contents:
Gold Compounds Price in Egypt (CIF) - 2022
In 2022, the average gold compounds import price amounted to $19,417 per ton, waning by -99.6% against the previous year. Overall, the import price saw a dramatic contraction. The pace of growth was the most pronounced in 2018 an increase of 79%. The import price peaked at $5,985,656 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +9.7% per year.
Gold Compounds Imports in Egypt
In 2022, purchases abroad of gold compoundses decreased by -45.5% to 242 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 391% against the previous year.
In value terms, gold compounds imports fell markedly to $4.7K in 2022. In general, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 236%.
| Import of Gold Compounds in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 48.9 | 20.6 | 27.2 | 4.7 | -54.2% |
| Germany | 48.9 | 454 | 1,066 | N/A | 366.9% |
| United Kingdom | 6.0 | 43.5 | 57.2 | N/A | 208.8% |
| Czech Republic | 28.6 | 105 | 40.5 | N/A | 19.0% |
| Others | 204 | 509 | 1,167 | N/A | 139.2% |
| Total | 337 | 1,132 | 2,358 | 4.7 | -75.9% |
Top Suppliers of Gold Compounds to Egypt in 2022:
- Italy (1.0 kg)
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