Egypt: Market for Prepared Glues And Other Prepared Adhesives 2024

Market Size for Prepared Glues And Other Prepared Adhesives in Egypt

The Egyptian market for prepared glues and other prepared adhesives fell to $X in 2021, shrinking by -13.9% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Prepared Glues And Other Prepared Adhesives in Egypt

In value terms, production of prepared glues and other prepared adhesives dropped remarkably to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 60%. As a result, production attained the peak level of $X, and then reduced sharply in the following year.

Exports of Prepared Glues And Other Prepared Adhesives

Exports from Egypt

In 2021, overseas shipments of prepared glues and other prepared adhesives decreased by -31% to X tons, falling for the third year in a row after two years of growth. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 193%. Over the period under review, the exports of reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of prepared glues and other prepared adhesives shrank dramatically to $X in 2021. Over the period under review, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2018 when exports increased by 42% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

South Africa (X tons), Morocco (X tons) and India (X tons) were the main destinations of exports of prepared glues and other prepared adhesives from Egypt, together accounting for 38% of total exports. These countries were followed by Senegal, Cote d'Ivoire, Spain, Ethiopia, Sudan, Lebanon, Syrian Arab Republic, Algeria, Kenya and Uganda, which together accounted for a further 61%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +183.0%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the key foreign market for prepared glues and other prepared adhesives exports from Egypt, comprising 18% of total exports. The second position in the ranking was taken by India ($X), with a 7.9% share of total exports. It was followed by Sudan, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to South Africa stood at +413.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+103.3% per year) and Sudan (+13.0% per year).

Export Prices by Country

The average export price for prepared glues and other prepared adhesives stood at $X per ton in 2021, waning by -8% against the previous year. In general, the export price showed a noticeable setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 217% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Senegal ($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 Sudan (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Glues And Other Prepared Adhesives

Imports into Egypt

In 2021, purchases abroad of prepared glues and other prepared adhesives decreased by -1.3% to X tons, falling for the second year in a row after three years of growth. Overall, imports, however, showed a slight increase. The growth pace was the most rapid in 2013 when imports increased by 124% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of prepared glues and other prepared adhesives rose rapidly to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Saudi Arabia (X tons) and Turkey (X tons) were the main suppliers of imports of prepared glues and other prepared adhesives to Egypt, with a combined 42% share of total imports. These countries were followed by Germany, China, the United States, Spain, the United Arab Emirates, the Netherlands, Malaysia, Jordan and Taiwan (Chinese), which together accounted for a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +29.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Turkey ($X) and Italy ($X) were the largest prepared glues and other prepared adhesives suppliers to Egypt, together accounting for 40% of total imports. Germany, China, the United States, Spain, the Netherlands, the United Arab Emirates, Jordan, Taiwan (Chinese) and Malaysia lagged somewhat behind, together comprising a further 40%.

Spain, with a CAGR of +27.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 prepared glues and other prepared adhesives stood at $X per ton in 2021, with an increase of 16% against the previous year. In general, the import price, however, showed a slight slump. The pace of growth was the most pronounced in 2020 an increase of 69% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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