Egypt - Epoxide Resins in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEgypt: Epoxide Resin Market 2024
Epoxide Resin Market Size in Egypt
The Egyptian epoxide resin market skyrocketed to $X in 2021, rising by 77% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -9.2% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.
Epoxide Resin Exports
Exports from Egypt
In 2021, the amount of epoxide resins exported from Egypt fell rapidly to X tons, with a decrease of -52.6% compared with the previous year. In general, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of 28%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.
In value terms, epoxide resin exports reduced rapidly to $X in 2021. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 50%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.
Exports by Country
Morocco (X tons) was the main destination for epoxide resin exports from Egypt, accounting for a 38% share of total exports. Moreover, epoxide resin exports to Morocco exceeded the volume sent to the second major destination, Jordan (X tons), threefold. The third position in this ranking was held by Libya (X tons), with an 11% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Morocco stood at -14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+14.4% per year) and Libya (+31.8% per year).
In value terms, Morocco ($X) remains the key foreign market for epoxide resins exports from Egypt, comprising 41% of total exports. The second position in the ranking was taken by Jordan ($X), with a 13% share of total exports. It was followed by Libya, with a 12% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Morocco totaled -9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+20.1% per year) and Libya (+39.5% per year).
Export Prices by Country
In 2021, the average epoxide resin export price amounted to $X per ton, picking up by 26% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, epoxide resin export price increased by +85.3% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 38%. The export price peaked in 2021 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Iraq ($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 Uganda (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.
Epoxide Resin Imports
Imports into Egypt
In 2021, approx. X tons of epoxide resins were imported into Egypt; jumping by 23% compared with 2020 figures. Over the period under review, imports, however, continue to indicate a mild downturn. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, epoxide resin imports soared to $X in 2021. In general, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
The United Arab Emirates (X tons), China (X tons) and South Korea (X tons) were the main suppliers of epoxide resin imports to Egypt, with a combined 51% share of total imports. Taiwan (Chinese), India, Saudi Arabia, the Netherlands, Italy, Thailand, Germany, Spain, Jordan and Switzerland lagged somewhat behind, together comprising a further 45%.
From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +38.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest epoxide resin suppliers to Egypt were the United Arab Emirates ($X), China ($X) and South Korea ($X), together comprising 49% of total imports. These countries were followed by Taiwan (Chinese), India, Saudi Arabia, the Netherlands, Italy, Thailand, Germany, Spain, Jordan and Switzerland, which together accounted for a further 47%.
India, with a CAGR of +41.4%, recorded the highest growth rate of 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 epoxide resin import price amounted to $X per ton, surging by 35% against the previous year. Overall, the import price posted resilient growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 54% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from China ($X per ton) and Italy ($X per ton), while the price for the United Arab Emirates ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the epoxide resin market 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:
- Prodcom 20164030 - Epoxide resins, in primary forms
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:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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