Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt - 2023

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt (CIF) - 2022
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt (FOB) - 2022
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt (CIF) - 2022

In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $4,388 per ton, surging by 10% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for adhesives; prepared, based on rubber or plastics (including artificial resins) increased by +69.1% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,555 per ton), while the price for the United Arab Emirates ($1,398 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt (FOB) - 2022

In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $4,232 per ton, surging by 9.1% against the previous year. Overall, the export price showed a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 210% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($4,232 per ton) and India ($4,232 per ton), while the average price for exports to Italy ($4,232 per ton) and Tunisia ($4,232 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 India (+45.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt

In 2022, approx. 5.4K tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were imported into Egypt; reducing by -2.1% on 2021 figures. Overall, imports saw a deep slump.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded sharply to $24M in 2022. The total import value increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia3.93.15.05.713.5%
Germany3.53.72.33.60.9%
Italy2.62.73.03.49.4%
Turkey1.21.42.22.832.6%
China1.71.81.32.716.7%
United States1.60.90.81.60.0%
Netherlands2.51.71.60.7-34.6%
United Arab Emirates0.70.81.20.4-17.0%
India0.50.20.60.4-7.2%
France1.00.60.60.4-26.3%
Spain0.50.40.60.3-15.7%
Portugal0.90.7N/A0.2-39.4%
Taiwan (Chinese)0.30.6N/AN/A100.0%
Others2.11.92.81.6-8.7%
Total23.020.522.023.81.1%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Egypt in 2022:

  1. Saudi Arabia (1251.0 tons)
  2. Germany (790.7 tons)
  3. Italy (739.3 tons)
  4. Turkey (615.3 tons)
  5. China (598.6 tons)
  6. United States (353.4 tons)
  7. United Arab Emirates (286.6 tons)
  8. Netherlands (151.5 tons)
  9. France (89.9 tons)
  10. India (87.5 tons)
  11. Spain (63.1 tons)
  12. Portugal (39.6 tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt

In 2022, after two years of decline, there was significant growth in shipments abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume increased by 245% to 3.6K tons. Over the period under review, exports recorded a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) surged to $15M in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa3731,4511,6634,002120.6%
United StatesN/AN/AN/A3,7190%
NetherlandsN/A296N/A93677.8%
Algeria37261810191334.9%
Sudan95.91,800795823104.7%
ChinaN/AN/A2.469328775.0%
TunisiaN/AN/AN/A6120%
Kenya33.7196231595160.4%
Saudi Arabia35812941.157617.2%
ItalyN/AN/A22.74621935.2%
JapanN/AN/AN/A2760%
Jordan8.421182.6251210.3%
IndiaN/A10.632.8232367.8%
Others1,3205071,015940-10.7%
Total2,5625,2203,98815,03080.4%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Egypt in 2022:

  1. South Africa (945.6 tons)
  2. United States (878.8 tons)
  3. Netherlands (221.1 tons)
  4. Algeria (215.7 tons)
  5. Sudan (194.5 tons)
  6. China (163.7 tons)
  7. Tunisia (144.5 tons)
  8. Kenya (140.7 tons)
  9. Saudi Arabia (136.2 tons)
  10. Italy (109.2 tons)
  11. Japan (65.1 tons)
  12. Jordan (59.2 tons)
  13. India (54.8 tons)

Source: IndexBox Market Intelligence Platform

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