Egypt: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Egypt

In 2021, after two years of growth, there was significant decline in the Egyptian anti-freezing preparations market, when its value decreased by -6.7% to $X. Overall, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.7% 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 increased by +66.2% against 2015 indices. Over the period under review, the market attained the peak level at $X in 2020, and then fell in the following year.

Anti-Freezing Preparations Production in Egypt

In value terms, anti-freezing preparations production declined to $X in 2021 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +83.6% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 31%. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Anti-Freezing Preparations Exports

Exports from Egypt

In 2021, anti-freezing preparations exports from Egypt fell markedly to X tons, waning by -33% on 2020. Overall, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 425%. The exports peaked at X tons in 2020, and then contracted markedly in the following year.

In value terms, anti-freezing preparations exports shrank dramatically to $X in 2021. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 with an increase of 549% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then reduced sharply in the following year.

Exports by Country

Ethiopia (X tons) was the main destination for anti-freezing preparations exports from Egypt, with a 73% share of total exports. Moreover, anti-freezing preparations exports to Ethiopia exceeded the volume sent to the second major destination, Lebanon (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Ethiopia amounted to +31.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lebanon (+15.9% per year) and Fiji (+47.2% per year).

In value terms, Ethiopia ($X) remains the key foreign market for anti-freezing preparations and prepared de-icing fluids exports from Egypt, comprising 82% of total exports. The second position in the ranking was held by Lebanon ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Ethiopia stood at +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lebanon (+38.3% per year) and Fiji (+37.7% per year).

Export Prices by Country

In 2021, the average anti-freezing preparations export price amounted to $X per ton, standing approx. at the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 24%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Fiji ($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 Jordan (+31.9%), while the prices for the other major destinations experienced mixed trend patterns.

Anti-Freezing Preparations Imports

Imports into Egypt

Anti-freezing preparations imports into Egypt soared to X tons in 2021, picking up by 26% against the previous year's figure. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 122% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, anti-freezing preparations imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a slight setback. The pace of growth was the most pronounced in 2013 with an increase of 98% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and Lithuania (X tons) were the main suppliers of anti-freezing preparations imports to Egypt, together accounting for 28% of total imports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +81.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest anti-freezing preparations suppliers to Egypt were Belgium ($X), Germany ($X) and Lithuania ($X), together comprising 28% of total imports.

Lithuania, with a CAGR of +99.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average anti-freezing preparations import price amounted to $X per ton, with an increase of 1.6% against the previous year. Overall, the import price, however, recorded a pronounced decrease. The growth pace was the most rapid in 2015 when the average import price increased by 58% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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