Updated Nov 11, 2022 01:30

Mixtures Of Slag Market in Egypt

Market Overview
In , the Egyptian mixtures of slag market increased by % to $ for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a perceptible downturn. Mixtures of slag consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.

In value terms, mixtures of slag production skyrocketed to $ in estimated in export price. In general, production, however, showed a noticeable descent. Over the period under review, production attained the peak level at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.


Consumption
In , mixtures of slag consumption in Egypt shrank slightly to tons, declining by -% against figures. In general, consumption continues to indicate a pronounced descent. Over the period under review, consumption hit record highs at tons in 2008; however, from 2009 to , consumption remained at a lower figure.

The revenue of the mixtures of slag market in Egypt shrank to $ in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a noticeable shrinkage. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to , consumption failed to regain momentum.


Market Forecast
Depressed by shrinking demand for mixtures of slag in Egypt, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Over the period under review, imports of mixtures of slag in Egypt were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for mixtures of slag. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (less than percentage point) over the period under review.


Trade Balance
Egypt remains a net importer of mixtures of slag; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.