Egypt: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Egypt

The Egyptian market for building blocks and bricks of cement, concrete or artificial stone dropped slightly to $X in 2022, leveling off at the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Egypt

In value terms, production of building blocks and bricks of cement, concrete or artificial stone fell to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production of attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Egypt

In 2022, overseas shipments of building blocks and bricks of cement, concrete or artificial stone increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone soared to $X in 2022. In general, exports enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Libya (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Egypt, accounting for a X% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Libya exceeded the volume sent to the second major destination, Saudi Arabia (X tons), more than tenfold. The third position in this ranking was held by Palestine (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms 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 Palestine (X% per year).

In value terms, Libya ($X) emerged as the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Palestine, with a X% share.

From 2012 to 2022, the average annual growth rate 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 Palestine (X% per year).

Export Prices by Country

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a noticeable reduction. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Egypt

Imports of building blocks and bricks of cement, concrete or artificial stone into Egypt declined notably to X tons in 2022, waning by X% against the previous year. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then declined sharply in the following year.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone fell remarkably to $X in 2022. Overall, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) was the main supplier of building blocks and bricks of cement, concrete or artificial stone to Egypt, with a X% share of total imports. It was followed by Turkey (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia stood at X%.

In value terms, Saudi Arabia ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Egypt, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia stood at X%.

Import Prices by Country

The average import price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price faced a sharp curtailment. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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