Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Egypt - 2023

Contents:

1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Egypt (CIF) - 2022
2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Egypt (FOB) - 2023
3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Egypt
4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Egypt

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Egypt (CIF) - 2022

The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,929 per ton in 2022, growing by 21% against the previous year. Overall, the import price saw a notable increase. The most prominent rate of growth was recorded in 2021 an increase of 65% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($2,489 per ton) and Saudi Arabia ($2,191 per ton), while the price for Mexico ($1,888 per ton) and the United States ($1,895 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Egypt (FOB) - 2023

In September 2023, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,250 per ton, approximately equating the previous month. Overall, the export price showed a noticeable decline. The most prominent rate of growth was recorded in August 2023 an increase of 2.7% m-o-m. Over the period under review, the average export prices attained the maximum at $1,874 per ton in May 2023; however, from June 2023 to September 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In September 2023, the countries with the highest prices were Slovenia ($1,178 per ton) and Romania ($1,178 per ton), while the average price for exports to Italy ($1,178 per ton) and Turkey ($1,178 per ton) were amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (-4.1%), while the prices for the other major destinations experienced a decline.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Egypt

After two years of decline, overseas purchases of polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by 2.8% to 228K tons in 2022. Over the period under review, imports, however, showed a deep reduction.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses soared to $440M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Egypt in 2022:

1. China (84.6K tons)
2. United States (54.4K tons)
3. South Korea (24.3K tons)
4. France (11.8K tons)
5. Belgium (10.8K tons)
6. Mexico (9.0K tons)
7. Saudi Arabia (6.9K tons)
8. Germany (3.2K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Egypt

In 2022, the amount of polymers of vinyl chloride or of other halogenated olefins, in primary formses exported from Egypt contracted to 119K tons, dropping by -10.5% on 2021 figures. Overall, exports showed a abrupt setback.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $223M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Egypt in 2022:

1. Turkey (52.7K tons)
2. Morocco (12.3K tons)
3. Italy (10.3K tons)
4. Romania (6.2K tons)
5. Spain (5.3K tons)
6. Sudan (5.2K tons)
7. Greece (3.2K tons)
8. Algeria (2.7K tons)
9. India (2.7K tons)
10. Syrian Arab Republic (2.3K tons)
11. Slovenia (2.1K tons)
12. Qatar (1.8K tons)
13. Brazil (1.1K tons)

Source: IndexBox Market Intelligence Platform