Report Update Nov 1, 2024

Egypt - Nitric Acid and Sulphonitric Acids - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Egypt: Market for Nitric Acid And Sulphonitric Acids 2024

Market Size for Nitric Acid And Sulphonitric Acids in Egypt

The Egyptian nitric and sulphonitric acids market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, saw a deep setback. Nitric and sulphonitric acids consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Nitric Acid And Sulphonitric Acids in Egypt

In value terms, nitric and sulphonitric acids production soared to $X in 2021 estimated in export price. Over the period under review, production, however, showed a deep slump. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Nitric Acid And Sulphonitric Acids

Exports from Egypt

In 2021, shipments abroad of nitric acid and sulphonitric acids increased by 89% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2017 when exports increased by 540%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, nitric and sulphonitric acids exports soared to $X in 2021. In general, exports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2017 when exports increased by 623%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sudan (X tons) was the main destination for nitric and sulphonitric acids exports from Egypt, accounting for a 81% share of total exports. Moreover, nitric and sulphonitric acids exports to Sudan exceeded the volume sent to the second major destination, Israel (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Sudan stood at +165.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-30.7% per year) and Libya (-6.0% per year).

In value terms, Sudan ($X) remains the key foreign market for nitric acid and sulphonitric acids exports from Egypt, comprising 81% of total exports. The second position in the ranking was held by Israel ($X), with a 9.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Sudan amounted to +121.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-42.8% per year) and Libya (-20.4% per year).

Export Prices by Country

In 2021, the average nitric and sulphonitric acids export price amounted to $X per ton, jumping by 73% against the previous year. In general, the export price, however, recorded a abrupt decrease. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($X per ton), while the average price for exports to Israel ($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 Senegal (+12.4%), while the prices for the other major destinations experienced a decline.

Imports of Nitric Acid And Sulphonitric Acids

Imports into Egypt

In 2021, imports of nitric acid and sulphonitric acids into Egypt surged to X tons, rising by 43% on 2020 figures. In general, imports recorded a moderate expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 405% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, nitric and sulphonitric acids imports surged to $X in 2021. Overall, imports recorded a temperate increase. The most prominent rate of growth was recorded in 2019 when imports increased by 202% 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.

Imports by Country

In 2021, India (X tons) was the main supplier of nitric and sulphonitric acids to Egypt, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to +35.8%.

In value terms, India ($X) constituted the largest supplier of nitric acid and sulphonitric acids to Egypt.

From 2012 to 2021, the average annual growth rate of value from India totaled +31.0%.

Import Prices by Country

In 2021, the average nitric and sulphonitric acids import price amounted to $X per ton, growing by 38% against the previous year. In general, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 58% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -3.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitric acid and sulphonitric acids in the world?

China remains the largest nitric and sulphonitric acids consuming country worldwide, accounting for 23% of total volume. Moreover, nitric and sulphonitric acids consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 9.5% share.

What are the largest producers of nitric acid and sulphonitric acids in the world?

China constituted the country with the largest volume of nitric and sulphonitric acids production, comprising approx. 23% of total volume. Moreover, nitric and sulphonitric acids production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 9.7% share.

What are the leading suppliers of nitric acid and sulphonitric acids to Egypt?

In value terms, India constituted the largest supplier of nitric and sulphonitric acids to Egypt.

What are the leading importers of nitric acid and sulphonitric acids from Egypt?

In value terms, Sudan remains the key foreign market for nitric and sulphonitric acids exports from Egypt, comprising 81% of total exports. The second position in the ranking was occupied by Israel, with a 9.5% share of total exports.

What is the average export price for nitric acid and sulphonitric acids in Egypt?

In 2021, the average nitric and sulphonitric acids export price amounted to $717 per ton, growing by 72% against the previous year.

What is the average import price for nitric acid and sulphonitric acids in Egypt?

The average nitric and sulphonitric acids import price stood at $391 per ton in 2021, jumping by 38% against the previous year.

This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20151050 - Nitric acid, sulphonitric acids

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023