Carbonates; Potassium Carbonate Price in Egypt - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Egypt (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Egypt (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Egypt
- Carbonates; Potassium Carbonate Exports in Egypt
Carbonates; Potassium Carbonate Price in Egypt (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $1,483 per ton in 2022, with an increase of 60% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; potassium carbonate import price increased by +99.6% against 2018 indices. 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 Russia ($1,587 per ton), while the price for France ($638 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Egypt (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $1,715 per ton in 2022, with an increase of 128% against the previous year. Over the period under review, the export price showed resilient growth. The export price peaked at $1,929 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($1,715 per ton), while the average price for exports to Libya stood at $1,715 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+10.0%).
Carbonates; Potassium Carbonate Imports in Egypt
In 2022, purchases abroad of carbonates; potassium carbonates was finally on the rise to reach 3.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a noticeable slump.
In value terms, carbonates; potassium carbonate imports surged to $5.1M in 2022. Overall, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Potassium Carbonate in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,613 | 1,123 | 549 | 2,493 | 15.6% |
| Russia | 272 | 186 | 400 | 1,046 | 56.7% |
| United States | 164 | 138 | 56.4 | 438 | 38.7% |
| Germany | 349 | 203 | 292 | 427 | 7.0% |
| France | 72.8 | 102 | 128 | 244 | 49.7% |
| Taiwan (Chinese) | 78.1 | 82.3 | 91.3 | 200 | 36.8% |
| China | 71.3 | 31.2 | 72.3 | 174 | 34.6% |
| Spain | 260 | 225 | 204 | N/A | -11.4% |
| Others | 265 | 190 | 268 | 121 | -23.0% |
| Total | 3,146 | 2,280 | 2,061 | 5,143 | 17.8% |
Top Suppliers of Carbonates; Potassium Carbonate to Egypt in 2022:
- South Korea (1570.8 tons)
- Russia (659.1 tons)
- France (381.9 tons)
- United States (276.1 tons)
- Germany (269.1 tons)
- Taiwan (Chinese) (126.1 tons)
- China (109.8 tons)
Carbonates; Potassium Carbonate Exports in Egypt
In 2022, approx. 68 tons of carbonates; potassium carbonates were exported from Egypt; picking up by 840% against 2021 figures. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; potassium carbonate exports surged to $117K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Carbonates; Potassium Carbonate in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | N/A | N/A | N/A | 67.8 | 0% |
| Pakistan | N/A | N/A | N/A | 49.1 | 0% |
| Cote d'Ivoire | N/A | N/A | 3.5 | N/A | 0% |
| Argentina | 1.1 | N/A | N/A | N/A | 0% |
| Sudan | 5.2 | 5.8 | 1.7 | N/A | -42.8% |
| Others | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Total | 6.5 | 6.0 | 5.4 | 117 | 162.1% |
Top Export Markets for Carbonates; Potassium Carbonate from Egypt in 2022:
- Libya (39.6 tons)
- Pakistan (28.6 tons)
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