Egypt: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Egypt

The Egyptian mixed alkylbenzenes, mixed alkylnaphthalenes market skyrocketed to $X in 2021, with an increase of 39% against the previous year. Overall, consumption continues to indicate buoyant growth. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Egypt

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production expanded remarkably to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 124%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from Egypt

Mixed alkylbenzenes, mixed alkylnaphthalenes exports from Egypt expanded modestly to X tons in 2021, with an increase of 2.6% on the previous year's figure. Over the period under review, exports, however, showed a deep slump. The growth pace was the most rapid in 2013 when exports increased by 246% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports rose rapidly to $X in 2021. In general, exports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 with an increase of 16%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for mixed alkylbenzenes, mixed alkylnaphthalenes exports from Egypt, accounting for a 33% share of total exports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes exports to Turkey exceeded the volume sent to the second major destination, Syrian Arab Republic (X tons), fourfold. Spain (X tons) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey stood at -13.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (0.0% per year) and Spain (-11.8% per year).

In value terms, Turkey ($X) remains the key foreign market for mixed alkylbenzenes, mixed alkylnaphthalenes exports from Egypt, comprising 33% of total exports. The second position in the ranking was held by Syrian Arab Republic ($X), with an 8.3% share of total exports. It was followed by Spain, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey amounted to -12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (0.0% per year) and Spain (-10.2% per year).

Export Prices by Country

The average mixed alkylbenzenes, mixed alkylnaphthalenes export price stood at $X per ton in 2021, picking up by 3.4% against the previous year. In general, the export price recorded a mild increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 236%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Lebanon ($X per ton) and Ethiopia ($X per ton), while the average price for exports to China ($X per ton) and Sudan ($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 the United Arab Emirates (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into Egypt

In 2021, purchases abroad of mixed alkylbenzenes, mixed alkylnaphthalenes increased by 312% to X tons, rising for the third consecutive year after three years of decline. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 76,188% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports surged to $X in 2021. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 20,731% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Saudi Arabia (X tons) was the main supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Egypt, accounting for a 92% share of total imports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +38.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+190.7% per year) and the United States (+60.6% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Egypt, comprising 92% of total imports. The second position in the ranking was held by the United States ($X), with a 3.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Saudi Arabia totaled +43.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+47.1% per year) and the United Arab Emirates (+161.0% per year).

Import Prices by Country

The average mixed alkylbenzenes, mixed alkylnaphthalenes import price stood at $X per ton in 2021, picking up by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2018 an increase of 866% 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.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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