Egypt: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Egypt

The Egyptian halogenated hydrocarbon derivative market reduced rapidly to $X in 2022, falling by -43.4% 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). In general, consumption, however, recorded resilient growth. Halogenated hydrocarbon derivative consumption peaked at $X in 2021, and then dropped dramatically in the following year.

Halogenated Hydrocarbon Derivative Exports

Exports from Egypt

In 2022, overseas shipments of halogenated derivatives of hydrocarbons increased by 91% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 467% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, halogenated hydrocarbon derivative exports contracted significantly to $X in 2022. In general, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 314%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Greece (X tons) and Algeria (X tons) were the main destinations of halogenated hydrocarbon derivative exports from Egypt, with a combined 79% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +109.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X), Greece ($X) and Saudi Arabia ($X) were the largest markets for halogenated hydrocarbon derivative exported from Egypt worldwide, with a combined 79% share of total exports.

Greece, with a CAGR of +50.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 halogenated hydrocarbon derivative export price amounted to $X per ton, shrinking by -61.8% against the previous year. In general, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 47%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-3.5%), while the prices for the other major destinations experienced a decline.

Halogenated Hydrocarbon Derivative Imports

Imports into Egypt

In 2022, purchases abroad of halogenated derivatives of hydrocarbons decreased by -50% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 92% against the previous year. Imports peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, halogenated hydrocarbon derivative imports dropped rapidly to $X in 2022. Overall, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

The United States (X tons), Germany (X tons) and Indonesia (X tons) were the main suppliers of halogenated hydrocarbon derivative imports to Egypt, with a combined 70% share of total imports. Taiwan (Chinese), South Korea, China and Saudi Arabia lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +104.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and China ($X) were the largest halogenated hydrocarbon derivative suppliers to Egypt, with a combined 65% share of total imports. Indonesia, Taiwan (Chinese), South Korea and Saudi Arabia lagged somewhat behind, together accounting for a further 30%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +95.5%, saw the highest rates of growth with regard to 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 2022, the average halogenated hydrocarbon derivative import price amounted to $X per ton, increasing by 33% against the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The growth pace was the most rapid in 2021 when the average import price increased by 61% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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