Egypt: Other Chemical Products Market 2024

Other Chemical Products Market Size in Egypt

The Egyptian other chemical products market fell to $X in 2023, flattening at the previous year. In general, consumption, however, showed a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the market failed to regain momentum.

Other Chemical Products Production in Egypt

In value terms, other chemical products production expanded sharply to $X in 2023 estimated in export price. In general, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Other chemical products production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Other Chemical Products Exports

Exports from Egypt

In 2023, the amount of other chemical products exported from Egypt dropped significantly to X tons, reducing by X% compared with the previous year. Over the period under review, exports recorded a dramatic decline. The growth pace was the most rapid in 2022 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, other chemical products exports dropped rapidly to $X in 2023. Overall, exports faced a sharp slump. The growth pace was the most rapid in 2022 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Lebanon (X tons), Sri Lanka (X tons) and India (X kg) were the main destinations of other chemical products exports from Egypt, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lebanon (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Sri Lanka ($X), Azerbaijan ($X) and India ($X) appeared to be the largest markets for other chemical products exported from Egypt worldwide, with a combined X% share of total exports. Jordan, Kuwait, Lebanon, Cameroon, Russia, Kenya, Morocco, Nigeria, Cote d'Ivoire and Malta lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Jordan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average other chemical products export price stood at $X per ton in 2023, approximately mirroring the previous year. In general, the export price recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Cameroon ($X per ton), while the average price for exports to Malta ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Other Chemical Products Imports

Imports into Egypt

Other chemical products imports into Egypt reduced remarkably to X tons in 2023, waning by X% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, other chemical products imports plummeted to $X in 2023. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2022 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of other chemical products imports to Egypt, together comprising X% of total imports. India, the UK, Spain, Italy, the Netherlands, Kazakhstan, France, Belarus, Belgium and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Germany ($X) and the United States ($X) appeared to be the largest other chemical products suppliers to Egypt, together comprising X% of total imports. India, the UK, Spain, Italy, the Netherlands, France, Belarus, Belgium, the United Arab Emirates and Kazakhstan lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Belarus, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average other chemical products import price stood at $X per ton in 2023, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform