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Egypt - Resinoids - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Resinoids Market 2022

Resinoids Market Size in Egypt

In 2021, after two years of decline, there was significant growth in the Egyptian resinoids market, when its value increased by 22% to $X. In general, consumption enjoyed tangible growth. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Resinoids Production in Egypt

In value terms, resinoids production surged to $X in 2021 estimated in export price. Over the period under review, production saw a measured expansion. The growth pace was the most rapid in 2014 when the production volume increased by 64% against the previous year. Resinoids production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Resinoids Exports

Exports from Egypt

For the third year in a row, Egypt recorded growth in overseas shipments of resinoids, which increased by 199% to X tons in 2021. Over the period under review, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 3,974%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, resinoids exports surged to $X in 2021. Overall, exports posted a prominent increase. The growth pace was the most rapid in 2017 when exports increased by 6,425%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X tons) was the main destination for resinoids exports from Egypt, with a 89% share of total exports. Moreover, resinoids exports to France exceeded the volume sent to the second major destination, the United States (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to France amounted to -9.7%.

In value terms, the United States ($X) emerged as the key foreign market for resinoids exports from Egypt, comprising 44% of total exports. The second position in the ranking was held by France ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +7.8%.

Export Prices by Country

In 2021, the average resinoids export price amounted to $X per ton, picking up by 19% against the previous year. Over the period under review, the export price posted a pronounced expansion. The growth pace was the most rapid in 2014 an increase of 80%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to France amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+27.9%).

Resinoids Imports

Imports into Egypt

Resinoids imports into Egypt surged to X tons in 2021, jumping by 230% compared with the year before. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 432% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, resinoids imports soared to $X in 2021. In general, imports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 233% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) was the main resinoids supplier to Egypt, accounting for a 93% share of total imports. Moreover, resinoids imports from India exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. China (X kg) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume from India totaled +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+69.8% per year) and China (+47.4% per year).

In value terms, India ($X) constituted the largest supplier of resinoids to Egypt, comprising 91% of total imports. The second position in the ranking was taken by France ($X), with a 2.9% share of total imports. It was followed by the Netherlands, with a 2.9% share.

From 2012 to 2021, the average annual growth rate of value from India totaled -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-9.4% per year) and the Netherlands (+13.4% per year).

Import Prices by Country

The average resinoids import price stood at $X per ton in 2021, with a decrease of -14.6% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 46%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+17.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for resinoids in the world?

The countries with the highest volumes of in 2021 were China, Spain and the United States, together accounting for 46% of global consumption.

What are the largest producers of resinoids in the world?

The countries with the highest volumes of in 2021 were China, the United States and Spain, with a combined 53% share of global production.

What are the leading suppliers of resinoids to Egypt?

In value terms, India constituted the largest supplier of resinoids to Egypt, comprising 91% of total imports. The second position in the ranking was occupied by the Netherlands, with a 2.9% share of total imports.

What are the leading importers of resinoids from Egypt?

In value terms, the United States emerged as the key foreign market for resinoids exports from Egypt, comprising 45% of total exports. The second position in the ranking was occupied by France, with a 21% share of total exports. It was followed by Singapore, with a 9.1% share.

What is the average export price for resinoids in Egypt?

In 2021, the average resinoids export price amounted to $75,264 per ton, declining by -31.7% against the previous year.

What is the average import price for resinoids in Egypt?

In 2021, the average resinoids import price amounted to $12,569 per ton, with a decrease of -13.8% against the previous year.

This report provides an in-depth analysis of the resinoids market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20531030 - Resinoids

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023