Egypt: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in Egypt

The Egyptian gypsum, anhydrite and limestone market rose to $X in 2021, growing by 2.8% against the previous year. Overall, consumption, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2019 when the market value increased by 3.3%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Gypsum, Anhydrite And Limestone in Egypt

In value terms, gypsum, anhydrite and limestone production totaled $X in 2021 estimated in export price. Overall, production, however, saw a deep slump. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Gypsum, Anhydrite And Limestone

Exports from Egypt

In 2021, shipments abroad of gypsum, anhydrite and limestone decreased by -6.4% to X tons, falling for the second year in a row after four years of growth. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2017 when exports increased by 1,254% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, gypsum, anhydrite and limestone exports soared to $X in 2021. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 65% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

India (X tons), Bangladesh (X tons) and Cote d'Ivoire (X tons) were the main destinations of gypsum, anhydrite and limestone exports from Egypt, together accounting for 66% of total exports.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +331.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gypsum, anhydrite and limestone exported from Egypt were Ghana ($X), Bangladesh ($X) and Nigeria ($X), with a combined 59% share of total exports.

Among the main countries of destination, Bangladesh, with a CAGR of +169.4%, 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

The average gypsum, anhydrite and limestone export price stood at $X per ton in 2021, jumping by 27% against the previous year. In general, the export price enjoyed a modest expansion. The growth pace was the most rapid in 2015 an increase of 689% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

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 Nigeria ($X per ton), while the average price for exports to India ($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 Nigeria (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gypsum, Anhydrite And Limestone

Imports into Egypt

In 2021, gypsum, anhydrite and limestone imports into Egypt fell rapidly to X tons, dropping by -53% against 2020 figures. Over the period under review, imports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2020 when imports increased by 261% against the previous year. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, gypsum, anhydrite and limestone imports shrank notably to $X in 2021. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 16%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of gypsum, anhydrite and limestone to Egypt, accounting for a 44% share of total imports. Moreover, gypsum, anhydrite and limestone imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The UK (X tons) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +42.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-2.8% per year) and the UK (+31.2% per year).

In value terms, Turkey ($X), the UK ($X) and China ($X) were the largest gypsum, anhydrite and limestone suppliers to Egypt, together comprising 89% of total imports.

Among the main suppliers, the UK, with a CAGR of +38.9%, recorded 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

In 2021, the average gypsum, anhydrite and limestone import price amounted to $X per ton, picking up by 51% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 101%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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