Report Update Nov 1, 2024

Egypt - Chromium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Market for Chromium Ores and Concentrates 2024

Market Size for Chromium Ores and Concentrates in Egypt

The Egyptian chromium ore and concentrate market reduced to $X in 2022, declining by -6.1% against the previous year. Overall, consumption, however, saw a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Chromium Ores and Concentrates in Egypt

In value terms, chromium ore and concentrate production shrank sharply to $X in 2022 estimated in export price. Overall, production, however, showed significant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 31,891,700%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Chromium Ores and Concentrates

Exports from Egypt

In 2020, shipments abroad of chromium ores and concentrates decreased by 0% to X tons, falling for the second consecutive year after two years of decline. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 304% against the previous year. The exports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, chromium ore and concentrate exports stood at $X in 2020. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by 219% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2020, the exports remained at a lower figure.

Exports by Country

Jordan (X tons) was the main destination for chromium ore and concentrate exports from Egypt, with a approx. 100% share of total exports.

From 2014 to 2020, the average annual growth rate of volume to Jordan was relatively modest.

From 2014 to 2020, the average annual growth rate of value to Jordan was relatively modest.

Export Prices by Country

In 2020, the average chromium ore and concentrate export price amounted to $X per ton, remaining stable against the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 a decrease of -3.8% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Jordan.

From 2014 to 2020, the rate of growth in terms of prices for Japan amounted to 0.0% per year.

Imports of Chromium Ores and Concentrates

Imports into Egypt

In 2022, chromium ore and concentrate imports into Egypt expanded sharply to X tons, increasing by 12% on 2021. Overall, imports saw a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 709%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, chromium ore and concentrate imports soared to $X in 2022. In general, imports saw a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 507% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of chromium ore and concentrate to Egypt, accounting for a 71% share of total imports. Moreover, chromium ore and concentrate imports from the Netherlands exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands amounted to +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+39.8% per year) and Spain (+8.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of chromium ores and concentrates to Egypt, comprising 71% of total imports. The second position in the ranking was held by South Africa ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+16.3% per year) and Spain (+3.5% per year).

Import Prices by Country

The average chromium ore and concentrate import price stood at $X per ton in 2022, picking up by 16% against the previous year. In general, the import price, however, continues to indicate a pronounced downturn. The growth pace was the most rapid in 2018 when the average import price increased by 51%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chromium ores and concentrates in the world?

China constituted the country with the largest volume of chromium ore and concentrate consumption, comprising approx. 37% of total volume. Moreover, chromium ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Kazakhstan, threefold. Turkey ranked third in terms of total consumption with an 11% share.

What are the largest producers of chromium ores and concentrates in the world?

South Africa constituted the country with the largest volume of chromium ore and concentrate production, comprising approx. 44% of total volume. Moreover, chromium ore and concentrate production in South Africa exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. The third position in this ranking was occupied by Turkey, with a 17% share.

What are the leading suppliers of chromium ores and concentrates to Egypt?

In value terms, Germany, the Netherlands and Spain were the largest chromium ore and concentrate suppliers to Egypt, together comprising 64% of total imports. These countries were followed by South Africa, Turkey, Italy and France, which together accounted for a further 34%.

What is the average export price for chromium ores and concentrates in Egypt?

The average chromium ore and concentrate export price stood at $250 per ton in 2020, therefore, remained relatively stable against the previous year.

What is the average import price for chromium ores and concentrates in Egypt?

In 2021, the average chromium ore and concentrate import price amounted to $352 per ton, dropping by -2.9% against the previous year.

This report provides an in-depth analysis of the market for chromium ore and concentrate in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023