Egypt: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Egypt

In 2022, the Egyptian textile industry finishing agents market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption faced a precipitous contraction. Textile industry finishing agents consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Finishing Agents Used In The Textile Industry

Exports from Egypt

In 2022, the amount of finishing agents used in the textile industry exported from Egypt declined to X tons, reducing by X% on the previous year. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then fell in the following year.

In value terms, textile industry finishing agents exports expanded slightly to $X in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Turkey (X tons), India (X tons) and Canada (X tons) were the main destinations of textile industry finishing agents exports from Egypt, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), India ($X) and Canada ($X) constituted the largest markets for textile industry finishing agents exported from Egypt worldwide, together accounting for X% of total exports.

Among the main countries of destination, Turkey, with a CAGR of X%, saw 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 2022, the average textile industry finishing agents export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price showed a tangible increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Ghana ($X per ton) and the United Arab Emirates ($X per ton), while the average price for exports to Canada ($X per ton) and Kenya ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Finishing Agents Used In The Textile Industry

Imports into Egypt

In 2022, the amount of finishing agents used in the textile industry imported into Egypt fell markedly to X tons, with a decrease of X% against the year before. In general, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then contracted notably in the following year.

In value terms, textile industry finishing agents imports contracted notably to $X in 2022. Over the period under review, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank remarkably in the following year.

Imports by Country

Turkey (X tons), Germany (X tons) and China (X tons) were the main suppliers of textile industry finishing agents imports to Egypt, together accounting for X% of total imports. India, Israel, South Korea, the Netherlands, Belgium, Italy, the United States and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest textile industry finishing agents suppliers to Egypt were Turkey ($X), Germany ($X) and China ($X), together comprising X% of total imports. India, Israel, South Korea, the Netherlands, Belgium, Italy, the United States and Spain lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average textile industry finishing agents import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and the United States ($X per ton), while the price for Italy ($X per ton) and South Korea ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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