Egypt: Nitrogenous Fertilizer Market 2024

Nitrogenous Fertilizer Market Size in Egypt

After two years of growth, the Egyptian nitrogenous fertilizer market decreased by X% to $X in 2022. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Nitrogenous Fertilizer Production in Egypt

In value terms, nitrogenous fertilizer production contracted dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt downturn. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Nitrogenous Fertilizer Exports

Exports from Egypt

In 2022, shipments abroad of nitrogenous fertilizers (mineral or chemical) increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports saw a measured increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, nitrogenous fertilizer exports skyrocketed to $X in 2022. Over the period under review, exports saw a notable expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

France (X tons), the UK (X tons) and Italy (X tons) were the main destinations of nitrogenous fertilizer exports from Egypt, with a combined X% share of total exports. Turkey, Romania, Spain, Greece, India, Sudan, Bulgaria, Saudi Arabia and Argentina lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for nitrogenous fertilizer exported from Egypt were France ($X), the UK ($X) and Italy ($X), with a combined X% share of total exports. Turkey, Spain, Romania, Greece, India, Bulgaria, Sudan, Argentina and Saudi Arabia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nitrogenous fertilizer export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bulgaria ($X per ton) and India ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) and Greece ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrogenous Fertilizer Imports

Imports into Egypt

In 2022, overseas purchases of nitrogenous fertilizers (mineral or chemical) decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, nitrogenous fertilizer imports skyrocketed to $X in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Norway (X tons) constituted the largest nitrogenous fertilizer supplier to Egypt, accounting for a X% share of total imports. Moreover, nitrogenous fertilizer imports from Norway exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), sevenfold. The third position in this ranking was held by Russia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Norway stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Russia (X% per year).

In value terms, Norway ($X) constituted the largest supplier of nitrogenous fertilizers (mineral or chemical) to Egypt, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with an X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Norway stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the average nitrogenous fertilizer import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price showed a mild increase. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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