Egypt: Polyamide Market 2025

Polyamide Market Size in Egypt

In 2021, the Egyptian polyamide market decreased by less than 0.1% to $X, falling for the third year in a row after two years of growth. Over the period under review, the total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -41.7% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Polyamide Exports

Exports from Egypt

In 2021, polyamide exports from Egypt fell markedly to X tons, waning by -24.5% compared with the year before. Over the period under review, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2019 when exports increased by 362% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, polyamide exports soared to $X in 2021. In general, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 213% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons), Hong Kong SAR (X tons) and the Philippines (X tons) were the main destinations of polyamide exports from Egypt, with a combined 62% share of total exports. These countries were followed by Belgium, Turkey and Malta, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +22.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for polyamides (in primary forms) exports from Egypt, comprising 59% of total exports. The second position in the ranking was taken by Turkey ($X), with a 7.3% share of total exports. It was followed by Belgium, with a 7% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +45.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+15.1% per year) and Belgium (+34.7% per year).

Export Prices by Country

The average polyamide export price stood at $X per ton in 2021, surging by 59% against the previous year. Over the period under review, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 70% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hong Kong SAR ($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 Rwanda (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.

Polyamide Imports

Imports into Egypt

In 2021, supplies from abroad of polyamides (in primary forms) decreased by -10.6% to X tons, falling for the third year in a row after two years of growth. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 76% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, polyamide imports rose modestly to $X in 2021. In general, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -32.2% against 2018 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 57%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Turkey (X tons) and Belgium (X tons) were the main suppliers of polyamide imports to Egypt, with a combined 60% share of total imports. These countries were followed by the United States, Germany, the United Arab Emirates, India, Italy, South Korea, Saudi Arabia, Thailand and Greece, which together accounted for a further 26%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +56.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyamide suppliers to Egypt were China ($X), Turkey ($X) and Belgium ($X), together accounting for 58% of total imports. The United States, Germany, India, Italy, Thailand, South Korea, Saudi Arabia, the United Arab Emirates and Greece lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +57.0%, saw the highest growth rate of 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 polyamide import price stood at $X per ton in 2021, picking up by 15% against the previous year. In general, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, polyamide import price increased by +78.7% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+37.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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