Egypt: Market for Calcium Ammonium Nitrate (CAN) 2024

Market Size for Calcium Ammonium Nitrate (CAN) in Egypt

In 2021, the Egyptian calcium ammonium nitrate (CAN) market increased by 30% to $X, rising for the fifth consecutive year after two years of decline. The market value increased at an average annual rate of +4.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Calcium Ammonium Nitrate (CAN) in Egypt

In value terms, calcium ammonium nitrate (CAN) production soared to $X in 2021 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +69.2% against 2015 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Calcium Ammonium Nitrate (CAN)

Exports from Egypt

In 2021, after two years of growth, there was significant decline in overseas shipments of calcium ammonium nitrate (CAN), when their volume decreased by -99.3% to X tons. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 2,029%. The exports peaked at X tons in 2020, and then reduced remarkably in the following year.

In value terms, calcium ammonium nitrate (CAN) exports reduced sharply to $X in 2021. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 2,783% against the previous year. The exports peaked at $X in 2020, and then reduced dramatically in the following year.

Exports by Country

France (X tons) was the main destination for calcium ammonium nitrate (CAN) exports from Egypt, accounting for a 7,608% share of total exports. Moreover, calcium ammonium nitrate (CAN) exports to France exceeded the volume sent to the second major destination, Spain (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to France totaled -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+45.6% per year) and Sudan (-9.3% per year).

In value terms, France ($X) emerged as the key foreign market for calcium ammonium nitrate (CAN) exports from Egypt, comprising 3,709% of total exports. The second position in the ranking was taken by Spain ($X), with a 469% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+34.4% per year) and Sudan (-28.3% per year).

Export Prices by Country

The average calcium ammonium nitrate (CAN) export price stood at $X per ton in 2021, picking up by 137% against the previous year. Overall, the export price enjoyed a perceptible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Sudan ($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 France (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Calcium Ammonium Nitrate (CAN)

Imports into Egypt

In 2016, approx. X tons of calcium ammonium nitrate (CAN) were imported into Egypt; waning by -91.9% compared with the year before. In general, imports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 258%. Over the period under review, imports hit record highs at X tons in 2015, and then shrank rapidly in the following year.

In value terms, calcium ammonium nitrate (CAN) imports declined rapidly to $X in 2016. Over the period under review, imports recorded a precipitous setback. The growth pace was the most rapid in 2013 with an increase of 235% against the previous year. Over the period under review, imports attained the maximum at $X in 2015, and then shrank significantly in the following year.

Imports by Country

Greece (X tons) and Germany (X tons) were the main suppliers of calcium ammonium nitrate (CAN) imports to Egypt. Moreover, calcium ammonium nitrate (CAN) imports in Greece exceeded the figures recorded by the second-largest supplier, Germany, more than tenfold.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +183.5%).

In value terms, the largest calcium ammonium nitrate (CAN) suppliers to Egypt were Greece ($X) and Germany ($X).

In terms of the main suppliers, Germany, with a CAGR of +215.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average calcium ammonium nitrate (CAN) import price stood at less than $X per ton in 2021, stabilizing at the previous year. In general, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 14% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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 Greece totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.4%).

Source: IndexBox Platform

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