Egypt: Oxides And Hydroxides Market 2024

Oxides And Hydroxides Market Size in Egypt

After two years of growth, the Egyptian oxides and hydroxides market decreased by less than 0.1% to $X in 2021. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Oxides And Hydroxides Production in Egypt

In value terms, oxides and hydroxides production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 23% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then shrank modestly in the following year.

Oxides And Hydroxides Exports

Exports from Egypt

In 2021, after two years of decline, there was significant growth in shipments abroad of chromium, manganese, lead and copper oxides and hydroxides, when their volume increased by 23% to X tons. Over the period under review, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2017 with an increase of 45%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, oxides and hydroxides exports reached $X in 2021. Overall, exports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by 41% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Gambia (X tons), Angola (X tons) and Sudan (X tons) were the main destinations of oxides and hydroxides exports from Egypt, together accounting for 94% of total exports. These countries were followed by the UK, which accounted for a further 5.9%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +11.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X), the UK ($X) and Gambia ($X) appeared to be the largest markets for oxides and hydroxides exported from Egypt worldwide, together comprising 87% of total exports.

Among the main countries of destination, the UK, with a CAGR of +27.1%, 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 2021, the average oxides and hydroxides export price amounted to $X per ton, which is down by -14.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 65% against the previous year. The export price peaked at $X per ton in 2020, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to Gambia ($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 the UK (+14.2%), while the prices for the other major destinations experienced mixed trend patterns.

Oxides And Hydroxides Imports

Imports into Egypt

Oxides and hydroxides imports into Egypt surged to X tons in 2021, with an increase of 37% on 2020. In general, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by 75% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, oxides and hydroxides imports skyrocketed to $X in 2021. Overall, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of 109% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Brazil (X tons) and Sri Lanka (X tons) were the main suppliers of oxides and hydroxides imports to Egypt, together comprising 45% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sri Lanka (with a CAGR of +17.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of chromium, manganese, lead and copper oxides and hydroxides to Egypt, comprising 20% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 9.9% share of total imports. It was followed by Norway, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+18.3% per year) and Norway (-2.5% per year).

Import Prices by Country

The average oxides and hydroxides import price stood at $X per ton in 2021, picking up by 20% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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