Egypt: Market for Caustic Soda in the Solid Form 2024

Market Size for Caustic Soda in the Solid Form in Egypt

In 2021, after three years of decline, there was significant growth in the Egyptian market for caustic soda in the solid form, when its value increased by 90% to $X. In general, consumption enjoyed a significant increase. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Caustic Soda in the Solid Form

Exports from Egypt

In 2021, overseas shipments of caustic soda in the solid form decreased by -11.9% to X tons, falling for the third year in a row after three years of growth. Overall, exports, however, recorded a pronounced increase. The pace of growth was the most pronounced in 2017 with an increase of 2,556%. Over the period under review, the exports of caustic soda in solid form hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of caustic soda in the solid form dropped rapidly to $X in 2021. In general, exports, however, continue to indicate temperate growth. The most prominent rate of growth was recorded in 2017 with an increase of 2,735%. Over the period under review, the exports of caustic soda in solid form attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Djibouti (X tons), Libya (X tons) and Kenya (X tons) were the main destinations of exports of caustic soda in the solid form from Egypt, with a combined 50% share of total exports. Turkey, Algeria, Sudan, Ghana, Peru and Spain lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ghana (with a CAGR of +74.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for caustic soda in the solid form exported from Egypt were Djibouti ($X), Libya ($X) and Kenya ($X), together accounting for 50% of total exports. Turkey, Algeria, Sudan, Ghana, Peru and Spain lagged somewhat behind, together comprising a further 41%.

Among the main countries of destination, Ghana, with a CAGR of +70.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for caustic soda in the solid form amounted to $X per ton, dropping by -11.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 48% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Ghana ($X per ton) and Djibouti ($X per ton), while the average price for exports to Peru ($X per ton) and Kenya ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Caustic Soda in the Solid Form

Imports into Egypt

Imports of caustic soda in the solid form into Egypt was estimated at X tons in 2021, growing by 5.1% against the year before. Over the period under review, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2018 when imports increased by 157% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, imports of caustic soda in the solid form rose slightly to $X in 2021. In general, imports enjoyed a temperate increase. The growth pace was the most rapid in 2018 with an increase of 126% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Turkey (X tons), Romania (X tons) and Oman (X tons) were the main suppliers of imports of caustic soda in the solid form to Egypt, together comprising 50% of total imports. These countries were followed by the United Arab Emirates, Poland, Russia, China, Kuwait and Saudi Arabia, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +89.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Romania ($X) and the United Arab Emirates ($X) constituted the largest caustic soda in the solid form suppliers to Egypt, together comprising 53% of total imports.

Among the main suppliers, Turkey, with a CAGR of +65.8%, 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 2021, the average import price for caustic soda in the solid form amounted to $X per ton, dropping by -1.7% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2017 an increase of 72%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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