Egypt: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2025

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Egypt

For the third year in a row, the Egyptian high-tenacity filament nylon yarn market recorded decline in sales value, which decreased by -89% to $X in 2022. Over the period under review, consumption saw a precipitous descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Egypt

In 2022, the amount of high-tenacity filament yarn of nylon or other polyamides exported from Egypt declined significantly to X tons, reducing by -42.2% against 2021. Overall, exports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 600%. As a result, the exports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, high-tenacity filament nylon yarn exports contracted markedly to $X in 2022. In general, exports, however, showed tangible growth. The most prominent rate of growth was recorded in 2021 when exports increased by 767%. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

Turkey (X tons) was the main destination for high-tenacity filament nylon yarn exports from Egypt, accounting for a 83% share of total exports. Moreover, high-tenacity filament nylon yarn exports to Turkey exceeded the volume sent to the second major destination, Sudan (X tons), eightfold. The United States (X kg) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey totaled -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+16.4% per year) and the United States (-16.3% per year).

In value terms, Turkey ($X) emerged as the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Egypt, comprising 57% of total exports. The second position in the ranking was taken by Sudan ($X), with a 21% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Turkey stood at +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+45.4% per year) and the United States (-0.7% per year).

Export Prices by Country

The average high-tenacity filament nylon yarn export price stood at $X per ton in 2022, falling by -3.5% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 50%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Turkey ($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 Italy (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Egypt

In 2022, the amount of high-tenacity filament yarn of nylon or other polyamides imported into Egypt shrank rapidly to X tons, waning by -67.7% on 2021 figures. Over the period under review, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2015 with an increase of 4,973%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, high-tenacity filament nylon yarn imports shrank sharply to $X in 2022. Overall, imports saw a precipitous slump. The pace of growth appeared the most rapid in 2015 with an increase of 4,954% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of high-tenacity filament nylon yarn to Egypt, with a 66% share of total imports. Moreover, high-tenacity filament nylon yarn imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to -32.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-50.5% per year) and Pakistan (-35.8% per year).

In value terms, the largest high-tenacity filament nylon yarn suppliers to Egypt were India ($X), China ($X) and Pakistan ($X).

Among the main suppliers, India, with a CAGR of -30.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average high-tenacity filament nylon yarn import price amounted to $X per ton, picking up by 54% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, high-tenacity filament nylon yarn import price increased by +75.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for India ($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 (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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