Glass export accounts for 17% of total export – Egyptian Export Council

EGYPT – The Egyptian Export Council for Building Materials, Refractories and Metal Industries has reported that Egypt’s exports of “glass and its products” to the United States during the first 8 months of 2020 increased by 111.6 percent despite the Coronavirus pandemic, accounting for 17 percent of the sector’s total exports.

The council reported that exports of glass and manufactures to the United States during (January-August) amounted to about US$34.5 million, compared to US$16.3 million during the same period of 2019.

It added that the total exports of glass and its products decreased to US$204 million during the period from January to the end of August, compared to US$268 million during the same period last year, marking a decrease of 24 percent.

It pointed out that exports were made to about 96 countries, including nine countries that were not exported to them during the same period in 2019, including (Peru – Nicaragua – Indonesia – Eritrea – Bosnia and Herzegovina – Senegal – New Zealand – Switzerland – the Maldives).

The council stated that Turkey ranked second in terms of importing countries of Egyptian glass with a value of US$27.987 million, followed by Netherlands with a value of US$13.51 million, and Italy came fourth with a value of US$13.35 million.

With regard to the sector’s exports distributed among commodities, it said that the sector’s total exports of glass fibers including glass wool and articles thereof such as yarns and textiles during the first eight months of the year amounted to about US$122.5 million, while exports of tools made of glass of a kind used for the table , Kitchen, toilet, office, interior decoration, hit about US$59.123 million.

Building Material Exports

Egypt’s exports of building and refractory materials and metal manufactured products increased by 20% during the first eight months of 2020, according to the monthly report issued by the Export Council for Building Materials.

The report shows that these exports amounted to US$3.959 billion during this time period, compared to US$3.299 billion during the same period in 2019.

It added that exports of cast iron, steel, and cement declined by 24% during the first eight months of the year, recording US$455 million, compared to about US$608 million during the same period last year.

Egypt’s exports of cement declined by 19% during the period from January to August of this year, recording US$90 million compared to US$111 million during the same period last year.

Additionally, exports of ceramics, tiles, roofing materials decreased by 30% to US$78 million compared to about US$111 million in the same period of 2019. Steel and cast iron exports fell by 26% to record US$365 million compared to US$497 million.

At the same time, glass exports decreased by 24%, amounting US$204 million in the first eight months of 2020 compared to US$268 million in the same period of 2019.

Sanitary ware exports decreased by 14% to US$78 million compared to US$91 million, and aluminium and its products fell by 11% to register US$331 million compared to US$371 million in the same period of 2019.

The report highlighted that 10 countries accounted for 75.7% of Egypt’s total exports of building and refractory materials and metal manufactured products. This trade amounted to a value of US$2.998 billion during the period from January to August 2020, compared to U$2.203 billion during the same period of 2019, reflecting a growth of 36%.

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