Egypt: Hydrogen Peroxide Market 2024

Hydrogen Peroxide Market Size in Egypt

The Egyptian hydrogen peroxide market stood at $X in 2022, therefore, remained relatively stable against the previous year. Overall, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -9.5% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Hydrogen Peroxide Production in Egypt

In value terms, hydrogen peroxide production reached $X in 2022 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.5% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 21% against the previous year. Hydrogen peroxide production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Hydrogen Peroxide Exports

Exports from Egypt

Hydrogen peroxide exports from Egypt skyrocketed to X tons in 2022, with an increase of 42% against 2021 figures. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 665%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, hydrogen peroxide exports soared to $X in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 904% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Turkey (X tons), Jordan (X tons) and Cyprus (X tons) were the main destinations of hydrogen peroxide exports from Egypt, with a combined 94% share of total exports.

From 2014 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +213.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hydrogen peroxide exported from Egypt were Turkey ($X), Jordan ($X) and Cyprus ($X), together comprising 94% of total exports.

Turkey, with a CAGR of +232.7%, recorded the highest rates of growth with regard to the value of exports, among 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 hydrogen peroxide export price amounted to $X per ton, with an increase of 34% against the previous year. In general, the export price posted a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($X per ton) and Cyprus ($X per ton), while the average price for exports to Morocco ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.

Hydrogen Peroxide Imports

Imports into Egypt

For the fourth consecutive year, Egypt recorded decline in supplies from abroad of hydrogen peroxide, which decreased by -25.9% to X tons in 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when imports increased by 61% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, hydrogen peroxide imports contracted to $X in 2022. In general, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 26%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest hydrogen peroxide supplier to Egypt, accounting for a 77% share of total imports. Moreover, hydrogen peroxide imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), ninefold. Austria (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+17.7% per year) and Austria (+39.3% per year).

In value terms, Belgium ($X) constituted the largest supplier of hydrogen peroxide to Egypt, comprising 76% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.8% share of total imports. It was followed by Austria, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+21.2% per year) and Austria (+19.7% per year).

Import Prices by Country

In 2022, the average hydrogen peroxide import price amounted to $X per ton, picking up by 34% against the previous year. Overall, the import price saw modest growth. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($X per ton) and the Netherlands ($X per ton), while the price for Italy ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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