Egypt: Market for Manganites, Manganates And Permanganates, Molybdates And Tungstates 2024

Market Size for Manganites, Manganates And Permanganates, Molybdates And Tungstates in Egypt

In 2021, the Egyptian market for manganites, manganates and permanganates, molybdates and tungstates decreased by -1% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +50.3% against 2018 indices. Manganites, manganates, molybdates and tungstates consumption peaked at $X in 2020, and then dropped in the following year.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates in Egypt

In value terms, manganites, manganates, molybdates and tungstates production reduced to $X in 2021 estimated in export price. In general, production continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 65% against the previous year. Manganites, manganates, molybdates and tungstates production peaked at $X in 2020, and then shrank slightly in the following year.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from Egypt

Manganites, manganates, molybdates and tungstates exports from Egypt skyrocketed to X tons in 2019, surging by 40% on 2018 figures. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 846%. The exports peaked in 2019 and are likely to see steady growth in the near future.

In value terms, manganites, manganates, molybdates and tungstates exports skyrocketed to $X in 2019. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 786% against the previous year. The exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

Turkey (X tons) was the main destination for manganites, manganates, molybdates and tungstates exports from Egypt, accounting for a approx. 100% share of total exports.

From 2015 to 2019, the average annual growth rate of volume to Turkey was relatively modest.

In value terms, Turkey ($X) emerged as the key foreign market for manganites, manganates and permanganates, molybdates and tungstates exports from Egypt.

From 2015 to 2019, the average annual rate of growth in terms of value to Turkey was relatively modest.

Export Prices by Country

The average export price for manganites, manganates and permanganates, molybdates and tungstates stood at $X per ton in 2019, picking up by 129% against the previous year. In general, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2015 to 2019, the rate of growth in terms of prices for Trinidad and Tobago amounted to +27.2% per year.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports into Egypt

After three years of growth, purchases abroad of manganites, manganates and permanganates, molybdates and tungstates decreased by -35.6% to X tons in 2021. Over the period under review, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 355%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, manganites, manganates, molybdates and tungstates imports declined rapidly to $X in 2021. In general, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of 529%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of manganites, manganates, molybdates and tungstates to Egypt, with a 53% share of total imports. Moreover, manganites, manganates, molybdates and tungstates imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Israel (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +20.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.4% per year) and Israel (+0.4% per year).

In value terms, the largest manganites, manganates, molybdates and tungstates suppliers to Egypt were China ($X), Saudi Arabia ($X) and Israel ($X), with a combined 59% share of total imports. These countries were followed by Poland, India, Germany and Turkey, which together accounted for a further 28%.

Poland, with a CAGR of +71.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for manganites, manganates and permanganates, molybdates and tungstates stood at $X per ton in 2021, jumping by 30% against the previous year. Overall, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 38% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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