Egypt: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Egypt

The Egyptian oxygen-function amino-compound market expanded slightly to $X in 2021, increasing by 2.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a noticeable increase. Oxygen-function amino-compound consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Oxygen-Function Amino-Compound Exports

Exports from Egypt

For the fifth consecutive year, Egypt recorded decline in overseas shipments of oxygen-function amino-compounds, which decreased by -23.7% to X tons in 2021. In general, exports, however, continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2013 with an increase of 210% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound exports stood at $X in 2021. Over the period under review, exports, however, recorded a mild increase. The pace of growth was the most pronounced in 2016 when exports increased by 70% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Libya (X tons) was the main destination for oxygen-function amino-compound exports from Egypt, accounting for a 237% share of total exports. Moreover, oxygen-function amino-compound exports to Libya exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold. Tunisia (X tons) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Libya totaled +32.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+12.6% per year) and Tunisia (+31.0% per year).

In value terms, Libya ($X) remains the key foreign market for oxygen-function amino-compounds exports from Egypt, comprising 43% of total exports. The second position in the ranking was held by Germany ($X), with a 9.3% share of total exports. It was followed by India, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value to Libya amounted to +26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+18.8% per year) and India (+12.6% per year).

Export Prices by Country

The average oxygen-function amino-compound export price stood at $X per ton in 2021, jumping by 32% against the previous year. In general, the export price, however, recorded a slight decline. The pace of growth was the most pronounced in 2018 an increase of 89% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Libya ($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 Syrian Arab Republic (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Egypt

In 2021, oxygen-function amino-compound imports into Egypt rose significantly to X tons, growing by 8.2% compared with the year before. In general, imports continue to indicate temperate growth. The most prominent rate of growth was recorded in 2018 with an increase of 96% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound imports dropped dramatically to $X in 2021. Overall, imports, however, saw a mild slump. The growth pace was the most rapid in 2019 when imports increased by 130%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of oxygen-function amino-compound to Egypt, accounting for a 52% share of total imports. Moreover, oxygen-function amino-compound imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. India (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+14.2% per year) and India (+14.9% per year).

In value terms, the largest oxygen-function amino-compound suppliers to Egypt were China ($X), Switzerland ($X) and India ($X), with a combined 70% share of total imports.

In terms of the main suppliers, China, with a CAGR of +20.7%, recorded 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 oxygen-function amino-compound import price stood at $X per ton in 2021, falling by -22.9% against the previous year. Over the period under review, the import price saw a pronounced slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 56%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, 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 Switzerland ($X per ton), while the price for Taiwan (Chinese) ($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 Netherlands (+19.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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