Egypt: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in Egypt

The Egyptian odoriferous substance mixture market shrank to $X in 2022, declining by -11.3% against the previous year. Overall, consumption, however, posted pronounced growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Odoriferous Substance Mixture Production in Egypt

In value terms, odoriferous substance mixture production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production recorded buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 125%. Odoriferous substance mixture production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Odoriferous Substance Mixture Exports

Exports from Egypt

In 2022, approx. X tons of mixtures of odoriferous substances and their preparations were exported from Egypt; picking up by 75% against 2021. Over the period under review, exports showed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, odoriferous substance mixture exports soared to $X in 2022. Overall, exports saw a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 72%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons), Kazakhstan (X tons) and Algeria (X tons) were the main destinations of odoriferous substance mixture exports from Egypt, together comprising 57% of total exports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +203.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for odoriferous substance mixture exported from Egypt were Kazakhstan ($X), Algeria ($X) and Saudi Arabia ($X), with a combined 50% share of total exports.

Kazakhstan, with a CAGR of +242.1%, recorded the highest growth rate of the value of exports, in terms of 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

The average odoriferous substance mixture export price stood at $X per ton in 2022, declining by -20.6% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2013 an increase of 31%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($X per ton), while the average price for exports to the United Arab Emirates ($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 Kazakhstan (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports

Imports into Egypt

In 2022, purchases abroad of mixtures of odoriferous substances and their preparations increased by 12% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2015 when imports increased by 35% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, odoriferous substance mixture imports contracted slightly to $X in 2022. In general, imports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2013 with an increase of 13%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Switzerland (X tons), Germany (X tons) and France (X tons) were the main suppliers of odoriferous substance mixture imports to Egypt, together accounting for 53% of total imports. The Netherlands, the UK, India, the United States, Turkey, Spain, the United Arab Emirates, Italy, Ireland and Slovenia lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +80.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest odoriferous substance mixture suppliers to Egypt were Switzerland ($X), Germany ($X) and France ($X), with a combined 53% share of total imports. The UK, the Netherlands, India, the United States, Spain, Turkey, Italy, the United Arab Emirates, Ireland and Slovenia lagged somewhat behind, together comprising a further 39%.

In terms of the main suppliers, Slovenia, with a CAGR of +85.6%, 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

In 2022, the average odoriferous substance mixture import price amounted to $X per ton, which is down by -11% against the previous year. Over the period under review, the import price, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2020 an increase of 42%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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