Egypt: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Egypt

The Egyptian market for organo-sulphur compounds and other organo-inorganic compounds amounted to $X in 2022, surging by 5.7% against the previous year. In general, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.2% against 2020 indices. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Egypt

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds reached $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 61%. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports from Egypt

In 2022, overseas shipments of organo-sulphur compounds and other organo-inorganic compounds were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, faced a sharp descent. The pace of growth was the most pronounced in 2015 when exports increased by 1,014% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds soared to $X in 2022. Overall, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2015 with an increase of 1,146%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Algeria (X tons) was the main destination for exports of organo-sulphur compounds and other organo-inorganic compounds from Egypt, accounting for a 56% share of total exports. Moreover, exports of organo-sulphur compounds and other organo-inorganic compounds to Algeria exceeded the volume sent to the second major destination, Turkey (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Algeria amounted to +42.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-30.9% per year) and Belgium (+38.0% per year).

In value terms, Algeria ($X) emerged as the key foreign market for organo-sulphur compounds and other organo-inorganic compounds exports from Egypt, comprising 68% of total exports. The second position in the ranking was taken by Belgium ($X), with a 15% share of total exports. It was followed by Turkey, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Algeria totaled +43.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+45.9% per year) and Turkey (-25.3% per year).

Export Prices by Country

The average export price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2022, with an increase of 54% against the previous year. Overall, the export price showed prominent growth. The growth pace was the most rapid in 2020 when the average export price increased by 119%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Sudan ($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 Germany (+53.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports into Egypt

In 2022, purchases abroad of organo-sulphur compounds and other organo-inorganic compounds was finally on the rise to reach X tons after two years of decline. Overall, imports showed a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by 64%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds soared to $X in 2022. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.4% against 2019 indices. The pace of growth was the most pronounced in 2015 when imports increased by 47% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Belgium (X tons), China (X tons) and France (X tons) were the main suppliers of imports of organo-sulphur compounds and other organo-inorganic compounds to Egypt, with a combined 73% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +20.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and France ($X) constituted the largest organo-sulphur compounds and other organo-inorganic compounds suppliers to Egypt, together accounting for 69% of total imports.

In terms of the main suppliers, China, with a CAGR of +15.9%, saw 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

The average import price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2022, growing by 13% against the previous year. In general, the import price, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2015 an increase of 34% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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