Egypt’s paper industry reports 30 percent sales increase
Egypt’s paper industry has recorded a thirty percent increase in prices this year. At the same time, imports of the commodity decreased due to the increase of the US dollar exchange rate, reported Al-Alam El-Youm .
Egyptian’s consume 300,000 tons of paper annually, of which 200,000 tons are imported. The North African state imports pulp from the US and Russia. Indonesia has also emerged as a dominant player in Egypt’s paper market
The paper industry in Egypt is largely in the hands of the public sector, although there is an increasing number of private sector firms entering the market, especially in the paper-converting field. — (menareport.com)
© 2002 Mena Report (www.menareport.com)