ICEC

Asfour Crystal captures 26% of Egypt’s glass exports

Egypt’s crystal manufacturer Asfour Crystal has seized 26 percent of Egypt’s glass exports to be the large exporter during 2015 with exports worth 223.5 million Egyptian pounds (US$25 million).

According to the report issued by Chemical and Fertilizers Export Council on Sunday, Egypt’s exports of glass products declined by 13 percent in 2015 to register 1 billion Egyptian pounds versus 1.2 billion pounds in 2014.

The report stated that ten companies have seized 80.8 percent of the total exports with exports estimated at 852.1 million pounds.

Following Asfour Srystal, Misr Glass Manufacturing Company was the second largest exporter with exports estimated at 189.6 million pounds.

The third largest glass exporter was Misr Cafe Glass company whose exports reached 83.1 million pounds, followed by  New City Glass Group with exports worth around 80.9 million pounds then Cedar Glass company with exports worth around 60 million pounds.

The report showed that Sudan captured 23 percent of Egyptian glass exports with exports of 185.5 million followed by Lebanon(106.5 million pounds), Saudi Arabia (97.7 million pounds), and China (80.9 million pounds).

 

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