Egypt - Primary Polyethylene with a Specific Gravity of over 0,94 - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Price in Egypt - 2023
Contents:
- Polyethylene Price in Egypt (CIF) - 2022
- Polyethylene Price in Egypt (FOB) - 2022
- Polyethylene Imports in Egypt
- Polyethylene Exports in Egypt
Polyethylene Price in Egypt (CIF) - 2022
The average polyethylene import price stood at $1,679 per ton in 2022, with an increase of 7.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 47%. The import price peaked at $2,566 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($1,679 per ton), while the price for India ($1,679 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyethylene Price in Egypt (FOB) - 2022
The average polyethylene export price stood at $1,713 per ton in 2022, surging by 6.3% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyethylene export price increased by +60.2% against 2019 indices. The growth pace was the most rapid in 2021 when the average export price increased by 50%. The export price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($1,713 per ton) and Slovenia ($1,713 per ton), while the average price for exports to France ($1,713 per ton) and Italy ($1,713 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Polyethylene Imports in Egypt
In 2022, polyethylene imports into Egypt soared to 517K tons, picking up by 51% on the previous year's figure. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, polyethylene imports soared to $868M in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 119% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Polyethylene in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 158 | 106 | 231 | 529 | 49.6% |
United Arab Emirates | 98.8 | 94.6 | 217 | 247 | 35.7% |
India | 0.8 | 1.2 | 6.3 | 24.4 | 212.4% |
Germany | 12.9 | 8.1 | 7.3 | 10.3 | -7.2% |
Others | 35.1 | 34.7 | 75.1 | 57.4 | 17.8% |
Total | 305 | 245 | 536 | 868 | 41.7% |
Top Suppliers of Polyethylene to Egypt in 2022:
- Saudi Arabia (315.0K tons)
- United Arab Emirates (147.0K tons)
- India (14.5K tons)
- Germany (6.2K tons)
Polyethylene Exports in Egypt
In 2022, exports of polyethylene with a specific gravity of more then 0,94, in primary forms from Egypt reduced to 173K tons, waning by -11.4% on the previous year. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 4.9%.
In value terms, polyethylene exports dropped to $296M in 2022. In general, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.1% 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 +48.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 58%. As a result, the exports attained the peak of $314M, and then dropped in the following year.
Export of Polyethylene in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 74.1 | 41.7 | 70.7 | 62.0 | -5.8% |
Turkey | 22.4 | 26.3 | 26.2 | 48.0 | 28.9% |
Spain | 30.7 | 22.4 | 25.1 | 40.9 | 10.0% |
United Kingdom | 10.1 | 14.2 | 23.5 | 22.9 | 31.4% |
Italy | 17.1 | 7.9 | 17.3 | 16.6 | -1.0% |
Sudan | 6.5 | 8.8 | 10.1 | 15.6 | 33.9% |
France | 9.2 | 3.9 | 11.7 | 11.7 | 8.3% |
Slovenia | 10.6 | 6.9 | 15.9 | 10.8 | 0.6% |
Libya | 6.0 | 6.3 | 3.9 | 9.7 | 17.4% |
Greece | 6.5 | 3.7 | 7.7 | 8.5 | 9.4% |
Argentina | 0.2 | 3.2 | 16.7 | 7.1 | 228.7% |
Portugal | 0.7 | 0.7 | 2.9 | 4.7 | 88.7% |
China | 29.8 | 5.9 | 0.7 | N/A | -84.7% |
Others | 38.3 | 47.2 | 81.5 | 37.0 | -1.1% |
Total | 262 | 199 | 314 | 296 | 4.2% |
Top Export Markets for Polyethylene from Egypt in 2022:
- Belgium (36.2K tons)
- Turkey (28.0K tons)
- Spain (23.9K tons)
- United Kingdom (13.4K tons)
- Italy (9.7K tons)
- Sudan (9.1K tons)
- France (6.8K tons)
- Slovenia (6.3K tons)
- Libya (5.7K tons)
- Greece (5.0K tons)
- Argentina (4.1K tons)
- Portugal (2.7K tons)
This report provides an in-depth analysis of the polyethylene 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 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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