Egypt: Natural Polymers Market 2024

Natural Polymers Market Size in Egypt

The Egyptian natural polymers market fell to $X in 2021, waning by -7% against the previous year. Overall, consumption showed a mild slump. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Natural Polymers Production in Egypt

In value terms, natural polymers production fell to $X in 2021 estimated in export price. In general, production showed a slight contraction. The most prominent rate of growth was recorded in 2016 with an increase of 45% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Natural Polymers Exports

Exports from Egypt

In 2021, the amount of natural and modified natural polymers in primary forms exported from Egypt reduced rapidly to X tons, dropping by -55.7% against the year before. Overall, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 303%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, natural polymers exports dropped rapidly to $X in 2021. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2013 when exports increased by 343% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons) was the main destination for natural polymers exports from Egypt, accounting for a 87% share of total exports. Moreover, natural polymers exports to Uganda exceeded the volume sent to the second major destination, Spain (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uganda stood at +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-10.3% per year) and Ghana (-46.1% per year).

In value terms, Uganda ($X) remains the key foreign market for natural and modified natural polymers in primary forms exports from Egypt, comprising 74% of total exports. The second position in the ranking was held by Spain ($X), with a 9.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Uganda amounted to +49.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-43.4% per year) and Ghana (-45.3% per year).

Export Prices by Country

In 2021, the average natural polymers export price amounted to $X per ton, growing by 38% against the previous year. Over the period under review, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 255% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+39.1%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Polymers Imports

Imports into Egypt

In 2021, after three years of growth, there was significant decline in supplies from abroad of natural and modified natural polymers in primary forms, when their volume decreased by -42.4% to X tons. In general, imports, however, posted slight growth. The growth pace was the most rapid in 2015 with an increase of 82%. Imports peaked at X tons in 2020, and then shrank markedly in the following year.

In value terms, natural polymers imports dropped markedly to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 59%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest natural polymers supplier to Egypt, accounting for a 55% share of total imports. Moreover, natural polymers imports from China exceeded the figures recorded by the second-largest supplier, Norway (X tons), sixfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with an 8% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+28.6% per year) and the United Arab Emirates (+0.6% per year).

In value terms, China ($X) constituted the largest supplier of natural and modified natural polymers in primary forms to Egypt, comprising 47% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 22% share of total imports. It was followed by Germany, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+6.6% per year) and Germany (+22.6% per year).

Import Prices by Country

In 2021, the average natural polymers import price amounted to $X per ton, rising by 36% against the previous year. In general, the import price, however, showed a slight reduction. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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 Arab Emirates ($X per ton), while the price for India ($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 United Arab Emirates (+5.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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