Egypt: Market for Industrial Monocarboxylic Fatty Acids 2025

Market Size for Industrial Monocarboxylic Fatty Acids in Egypt

The Egyptian industrial monocarboxylic fatty acids market soared to $X in 2021, picking up by 38% against the previous year. Overall, consumption, however, saw notable growth. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Production of Industrial Monocarboxylic Fatty Acids in Egypt

In value terms, industrial monocarboxylic fatty acids production reduced to $X in 2021 estimated in export price. In general, production continues to indicate a slight curtailment. The growth pace was the most rapid in 2020 when the production volume increased by 39% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

Exports of Industrial Monocarboxylic Fatty Acids

Exports from Egypt

In 2021, industrial monocarboxylic fatty acids exports from Egypt contracted to X tons, remaining relatively unchanged against the previous year. In general, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2015 when exports increased by 51% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, industrial monocarboxylic fatty acids exports skyrocketed to $X in 2021. Overall, total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +105.8% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Israel (X tons), Tunisia (X tons) and the United Arab Emirates (X tons) were the main destinations of industrial monocarboxylic fatty acids exports from Egypt, with a combined 51% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +96.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial monocarboxylic fatty acids exported from Egypt were Israel ($X), Tunisia ($X) and the United Arab Emirates ($X), with a combined 50% share of total exports. The Netherlands, China, Saudi Arabia, Ireland, Nigeria and Turkey lagged somewhat behind, together accounting for a further 35%.

Nigeria, with a CAGR of +119.0%, saw the highest growth rate of 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 2021, the average industrial monocarboxylic fatty acids export price amounted to $X per ton, picking up by 43% against the previous year. Overall, the export price saw a temperate expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 55%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($X per ton) and the Netherlands ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Monocarboxylic Fatty Acids

Imports into Egypt

In 2021, imports of industrial monocarboxylic fatty acids into Egypt skyrocketed to X tons, with an increase of 92% against the previous year. Overall, imports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 150% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, industrial monocarboxylic fatty acids imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt descent. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Indonesia (X tons), Malaysia (X tons) and Belgium (X tons) were the main suppliers of industrial monocarboxylic fatty acids imports to Egypt, with a combined 80% share of total imports. These countries were followed by Germany, the United States and South Korea, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +131.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Malaysia ($X) and Belgium ($X) appeared to be the largest industrial monocarboxylic fatty acids suppliers to Egypt, with a combined 80% share of total imports. Germany, the United States and South Korea lagged somewhat behind, together accounting for a further 16%.

In terms of the main suppliers, the United States, with a CAGR of +129.3%, recorded 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

The average industrial monocarboxylic fatty acids import price stood at $X per ton in 2021, with an increase of 33% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decrease. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Indonesia ($X per ton) and Malaysia ($X per ton), while the price for South Korea ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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