Egypt’s exports of building materials rose 7.1% year on year (YoY) in 2022, according to the Minister of Trade and Industry, Ahmed Samir, Invest-Gate reports.
Building materials industry exports amounted to nearly $6.982 bn last year, up from $6.516 bn in 2021, Samir adds.
Samir notes that the building materials industry is one of the national economy’s strategic sectors, adding that Egypt is one of the top producers of building materials and equipment in the Middle East.
He also says that the Export Council for Building Materials, Refractory, and Metallurgy Industries (ECBM) cooperated with the Egypt Expo and Convention Authority (EECA) and the Egyptian Commercial Services (ECS) to host trade missions from 11 Arab and African countries.
This move aims to benefit from the available commercial opportunities as well as meet the demand for different products of building materials from several countries, including Kenya, Ghana, Djibouti, Morocco, Saudi Arabia, Jordan, and Iraq, the minister explained.
These remarks were made during the inauguration of the 6th international exhibition for construction and building materials of the Egypt Project, in addition to the Windorex exhibition for glass and aluminum, which is taking place from May 6th to 8th.
The events bring together several companies operating within the building materials and construction industry, including producing marble, cement, ceramics, paints, and glass.