Egypt: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Egypt

After seven years of growth, the Egyptian prepared additives for cements market decreased by -9.2% to $X in 2022. Over the period under review, consumption continues to indicate significant growth. Prepared additives for cements consumption peaked at $X in 2021, and then contracted in the following year.

Production of Prepared Additives For Cements, Mortars Or Concretes in Egypt

In value terms, prepared additives for cements production surged to $X in 2022 estimated in export price. In general, production, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 169%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Egypt

In 2022, approx. X tons of prepared additives for cements, mortars or concretes were exported from Egypt; declining by -24.7% against 2021. Over the period under review, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of 24% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, prepared additives for cements exports contracted sharply to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Libya (X tons), Sudan (X tons) and Cyprus (X tons) were the main destinations of prepared additives for cements exports from Egypt, with a combined 78% share of total exports. Saudi Arabia, the United Arab Emirates, Tanzania and Lebanon lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of +48.1%), while shipments for the other leaders experienced a decline.

In value terms, Libya ($X), Sudan ($X) and Cyprus ($X) constituted the largest markets for prepared additives for cements exported from Egypt worldwide, together accounting for 78% of total exports. Saudi Arabia, the United Arab Emirates, Tanzania and Lebanon lagged somewhat behind, together comprising a further 12%.

Tanzania, with a CAGR of +68.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared additives for cements export price stood at $X per ton in 2022, dropping by -14.5% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 153%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tanzania ($X per ton) and Cyprus ($X per ton), while the average price for exports to Sudan ($X per ton) and the United Arab Emirates ($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 Cyprus (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Egypt

In 2022, purchases abroad of prepared additives for cements, mortars or concretes increased by 122% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared additives for cements imports surged to $X in 2022. In general, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Saudi Arabia (X tons), Russia (X tons) and China (X tons) were the main suppliers of prepared additives for cements imports to Egypt, with a combined 61% share of total imports. The United Arab Emirates, Turkey, Germany, Italy, Spain, the Netherlands, France, the United States, India and Canada lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +52.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared additives for cements suppliers to Egypt were Saudi Arabia ($X), Russia ($X) and China ($X), with a combined 61% share of total imports. The United Arab Emirates, Turkey, Germany, Italy, Spain, the Netherlands, France, the United States, India and Canada lagged somewhat behind, together accounting for a further 34%.

In terms of the main suppliers, Spain, with a CAGR of +52.8%, 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

In 2022, the average prepared additives for cements import price amounted to $X per ton, growing by 16% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 19% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($X per ton) and Russia ($X per ton), while the price for Italy ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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