Egypt: Sorbitol Market 2024

Sorbitol Market Size in Egypt

The Egyptian sorbitol market declined modestly to $X in 2022, leveling off at the previous year. In general, consumption saw a mild slump. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Sorbitol Production in Egypt

In value terms, sorbitol production declined slightly to $X in 2022 estimated in export price. Overall, production recorded a slight decline. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Sorbitol Exports

Exports from Egypt

After two years of growth, overseas shipments of d-glucitol (sorbitol) decreased by X% to X tons in 2022. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then reduced dramatically in the following year.

In value terms, sorbitol exports shrank remarkably to $X in 2022. In general, exports saw a slight reduction. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2021, and then declined notably in the following year.

Exports by Country

Tunisia (X tons), Morocco (X tons) and Algeria (X tons) were the main destinations of sorbitol exports from Egypt, with a combined X% share of total exports.

From 2018 to 2022, the biggest increases were recorded for Tunisia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sorbitol exported from Egypt were Tunisia ($X), Morocco ($X) and Algeria ($X), together accounting for X% of total exports.

Among the main countries of destination, Morocco, with a CAGR of X%, saw the highest rates of growth with regard to 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 sorbitol export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jordan ($X per ton) and South Africa ($X per ton), while the average price for exports to Syrian Arab Republic ($X per ton) and Tunisia ($X per ton) were amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sorbitol Imports

Imports into Egypt

In 2022, supplies from abroad of d-glucitol (sorbitol) decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sorbitol imports reduced markedly to $X in 2022. Over the period under review, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), India (X tons) and China (X tons) were the main suppliers of sorbitol imports to Egypt, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest sorbitol suppliers to Egypt were France ($X), India ($X) and China ($X), with a combined X% share of total imports.

In terms of the main suppliers, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sorbitol import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sorbitol import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and Turkey ($X per ton), while the price for China ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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