Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt - 2023

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt (CIF) - 2023
  2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt (FOB) - 2022
  3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt
  4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt (CIF) - 2023

In September 2023, the average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $3,495 per ton, declining by -20.6% against the previous month. Overall, the import price saw a noticeable shrinkage. The pace of growth appeared the most rapid in July 2023 an increase of 1,183% against the previous month. As a result, import price reached the peak level of $60,236 per ton. From August 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($7,004 per ton), while the price for China totaled $3,261 per ton.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+11.1%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt (FOB) - 2022

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $7,052 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2021 a decrease of 99.9% against the previous year. The export price peaked at $9,272 per ton in 2018; however, from 2019 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 South Korea ($17,000 per ton), while the average price for exports to Spain stood at $7,049 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+24.2%).

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt

In 2022, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Egypt reduced remarkably to 838 tons, shrinking by -30.7% on 2021. Overall, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 2.4% against the previous year.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses declined to $4.6M in 2022. In general, imports saw a abrupt setback. The smallest decline of -2.9% was in 2021.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3,1071,4401,5842,182-11.1%
China2,0481,4491,4471,087-19.0%
Jordan232633N/A47326.8%
Germany635440546457-10.4%
South KoreaN/AN/AN/A2140%
United States10210775.936.0-29.3%
QatarN/A418N/AN/A0%
Others2485271,217200-6.9%
Total6,3725,0154,8714,648-10.0%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Egypt in 2022:

  1. India (377.5 tons)
  2. China (219.0 tons)
  3. Jordan (78.3 tons)
  4. South Korea (67.7 tons)
  5. Germany (60.9 tons)
  6. United States (11.8 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt

In 2022, approx. 3 tons of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses were exported from Egypt; almost unchanged from 2021. In general, exports saw a significant decline. The smallest decline of 99.9% was in 2021.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $21K in 2022. Over the period under review, exports saw a sharp decline. The smallest decline of 99.9% was in 2021.

Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Egypt (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
SpainN/AN/A21.40%
Ethiopia36.7N/AN/A0%
United Arab Emirates6.2N/AN/A0%
OthersN/AN/AN/A0%
Total42.9N/A21.5-29.2%

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Egypt in 2022:

  1. Spain (3.0 tons)

Source: IndexBox Market Intelligence Platform

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