Egypt: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in Egypt

The Egyptian sulphides, dithionites and sulphoxylates market rose rapidly to $X in 2022, growing by 8.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from Egypt

Sulphides, dithionites and sulphoxylates exports from Egypt contracted sharply to X tons in 2022, shrinking by -55.4% against the previous year. Overall, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 122%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports declined to $X in 2022. In general, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 192%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Libya (X tons) and Sudan (X tons) were the main destinations of sulphides, dithionites and sulphoxylates exports from Egypt.

From 2012 to 2022, the biggest increases were recorded for Sudan (with a CAGR of -4.1%).

In value terms, Sudan ($X) emerged as the key foreign market for sulphides, polysulphides, dithionites and sulphoxylates exports from Egypt, comprising 99% of total exports. The second position in the ranking was held by Libya ($X), with a 1.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sudan totaled -1.8%.

Export Prices by Country

In 2022, the average sulphides, dithionites and sulphoxylates export price amounted to $X per ton, jumping by 112% against the previous year. Over the period under review, the export price recorded a pronounced increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 115%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Libya stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into Egypt

In 2022, the amount of sulphides, polysulphides, dithionites and sulphoxylates imported into Egypt reduced markedly to X tons, which is down by -22.5% on 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates imports soared to $X in 2022. Overall, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest sulphides, dithionites and sulphoxylates supplier to Egypt, with a 72% share of total imports. Moreover, sulphides, dithionites and sulphoxylates imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+20.1% per year) and Germany (-11.6% per year).

In value terms, China ($X) constituted the largest supplier of sulphides, polysulphides, dithionites and sulphoxylates to Egypt, comprising 70% of total imports. The second position in the ranking was held by India ($X), with a 20% share of total imports. It was followed by Germany, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+21.6% per year) and Germany (-15.3% per year).

Import Prices by Country

In 2022, the average sulphides, dithionites and sulphoxylates import price amounted to $X per ton, growing by 59% against the previous year. Overall, the import price showed a notable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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