Egypt: Nitrates Market 2025

Nitrates Market Size in Egypt

In 2021, the Egyptian nitrates market increased by 3.7% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption recorded a prominent increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Nitrates Production in Egypt

In value terms, nitrates production rose modestly to $X in 2021 estimated in export price. Overall, production recorded buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of 101%. Nitrates production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Nitrates Exports

Exports from Egypt

In 2021, shipments abroad of nitrates (excluding those of potassium) decreased by -17.2% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 223%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, nitrates exports dropped to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 363%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Jordan (X tons) was the main destination for nitrates exports from Egypt, accounting for a 54% share of total exports. Moreover, nitrates exports to Jordan exceeded the volume sent to the second major destination, South Africa (X tons), fourfold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Jordan totaled +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (0.0% per year) and the United Arab Emirates (+10.8% per year).

In value terms, Jordan ($X) remains the key foreign market for nitrates (excluding those of potassium) exports from Egypt, comprising 47% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 21% share of total exports. It was followed by South Africa, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Jordan amounted to +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+19.3% per year) and South Africa (0.0% per year).

Export Prices by Country

In 2021, the average nitrates export price amounted to $X per ton, growing by 12% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 43% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Spain ($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 the United Arab Emirates (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Nitrates Imports

Imports into Egypt

In 2021, the amount of nitrates (excluding those of potassium) imported into Egypt soared to X tons, rising by 276% against the previous year. Over the period under review, imports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2014 when imports increased by 637% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, nitrates imports soared to $X in 2021. Overall, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 705%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Australia (X tons), Ukraine (X tons) and China (X tons) were the main suppliers of nitrates imports to Egypt, with a combined 96% share of total imports. Norway, Turkey, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 3.9%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +46.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Australia ($X) constituted the largest supplier of nitrates (excluding those of potassium) to Egypt, comprising 79% of total imports. The second position in the ranking was held by Ukraine ($X), with a 14% share of total imports. It was followed by China, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value from Australia stood at -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+11.4% per year) and China (-22.8% per year).

Import Prices by Country

The average nitrates import price stood at $X per ton in 2021, declining by -30.4% against the previous year. In general, the import price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 103% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Norway ($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 Czech Republic (+41.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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