Egypt: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in Egypt

The Egyptian amine-function compounds market reduced to $X in 2021, declining by -4.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -23.1% against 2019 indices. Amine-function compounds consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Amine-Function Compounds Exports

Exports from Egypt

Amine-function compounds exports from Egypt shrank notably to X tons in 2021, with a decrease of -15.1% against the previous year's figure. Over the period under review, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 234%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, amine-function compounds exports totaled $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 141%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), India (X tons) and Saudi Arabia (X tons) were the main destinations of amine-function compounds exports from Egypt, together accounting for 87% of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +78.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, India ($X) emerged as the key foreign market for amine-function compounds exports from Egypt, comprising 53% of total exports. The second position in the ranking was held by China ($X), with a 22% share of total exports. It was followed by the United Arab Emirates, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+109.7% per year) and the United Arab Emirates (+36.9% per year).

Export Prices by Country

In 2021, the average amine-function compounds export price amounted to $X per ton, surging by 18% against the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 143%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Amine-Function Compounds Imports

Imports into Egypt

In 2021, approx. X tons of amine-function compounds were imported into Egypt; almost unchanged from the year before. Overall, total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by +0.7% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of 72% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, amine-function compounds imports declined to $X in 2021. In general, total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -28.4% against 2019 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 45% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and Switzerland (X tons) were the main suppliers of amine-function compounds imports to Egypt, with a combined 33% share of total imports. Germany, Mexico, Japan, Belgium, India, the United Arab Emirates, Spain, the Netherlands, Saudi Arabia and South Korea lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +31.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and China ($X) were the largest amine-function compounds suppliers to Egypt, with a combined 40% share of total imports.

In terms of the main suppliers, the United States, with a CAGR of +21.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average amine-function compounds import price stood at $X per ton in 2021, shrinking by -6.5% against the previous year. Over the period under review, the import price saw a slight curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by 51% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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