Metal Snare Products Market Overview in Egypt
In value terms, metal snare products production expanded significantly to $ in 2018 estimated in export prices. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of % against the previous year. As a result, production reached the peak level of $. From 2009 to 2018, production growth remained at a lower figure.
The revenue of the metal snare products market in Egypt fell rapidly to $ in 2018, with a decrease of -% 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). Over the period under review, consumption, however, continues to indicate a perceptible setback. The growth pace was the most rapid in 2017 when the market value increased by % year-to-year. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.