Egypt: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in Egypt

In 2022, the Egyptian ammonium sulphate market decreased by -25.7% to $X, falling for the third year in a row after two years of growth. In general, consumption showed a pronounced contraction. Ammonium sulphate consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Ammonium Sulphate Production in Egypt

In value terms, ammonium sulphate production declined to $X in 2022 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.3% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 47%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Ammonium Sulphate Exports

Exports from Egypt

In 2022, exports of ammonium sulphate from Egypt surged to X tons, jumping by 46% against 2021. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 8,173% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, ammonium sulphate exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 7,464%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Greece (X tons) was the main destination for ammonium sulphate exports from Egypt, accounting for a 35% share of total exports. Moreover, ammonium sulphate exports to Greece exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was held by Poland (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Greece stood at +25.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+57.1% per year) and Poland (0.0% per year).

In value terms, the largest markets for ammonium sulphate exported from Egypt were Greece ($X), Poland ($X) and the UK ($X), together accounting for 53% of total exports. Italy, Belgium, Slovenia, Romania and France lagged somewhat behind, together accounting for a further 40%.

Among the main countries of destination, Slovenia, with a CAGR of +109.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average ammonium sulphate export price amounted to $X per ton, with an increase of 46% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ammonium sulphate export price increased by +84.1% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+116.3%), while the prices for the other major destinations experienced more modest paces of growth.

Ammonium Sulphate Imports

Imports into Egypt

Ammonium sulphate imports into Egypt surged to X tons in 2022, increasing by 22% compared with the year before. Overall, imports, however, faced a precipitous setback. The pace of growth appeared the most rapid in 2018 when imports increased by 60,286%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, ammonium sulphate imports expanded remarkably to $X in 2022. Over the period under review, imports, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2018 with an increase of 25,790% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of ammonium sulphate to Egypt, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +65.9%.

In value terms, China ($X) constituted the largest supplier of ammonium sulphate to Egypt.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +53.0%.

Import Prices by Country

The average ammonium sulphate import price stood at $X per ton in 2022, reducing by -7.3% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2016 an increase of 125% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -1.4% per year.

Source: IndexBox Platform

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