Price for Carbides, Whether or Not Chemically Defined in Egypt - 2023

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Egypt (CIF) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in Egypt (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in Egypt
  4. Exports of Carbides, Whether or Not Chemically Defined in Egypt

Price for Carbides, Whether or Not Chemically Defined in Egypt (CIF) - 2022

In 2022, the average import price for carbides, whether or not chemically defineds amounted to $1,704 per ton, increasing by 84% against the previous year. In general, the import price enjoyed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($1,742 per ton) and Mexico ($1,482 per ton), while the price for Slovakia ($1,438 per ton) and Bulgaria ($1,438 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+62.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Egypt (FOB) - 2022

In 2022, the average export price for carbides, whether or not chemically defineds amounted to $959 per ton, waning by -13.4% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,989 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($1,087 per ton), while the average price for exports to Oman totaled $901 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+7.9%), while the prices for the other major destinations experienced a decline.

Imports of Carbides, Whether or Not Chemically Defined in Egypt

In 2022, imports of carbides, whether or not chemically defineds into Egypt contracted dramatically to 2.1K tons, shrinking by -61.3% on the previous year. In general, imports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 91%. As a result, imports attained the peak of 5.5K tons, and then contracted significantly in the following year.

In value terms, imports of carbides, whether or not chemically defineds fell rapidly to $3.6M in 2022. Overall, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2021 when imports increased by 106% against the previous year. As a result, imports attained the peak of $5.1M, and then fell dramatically in the following year.

Import of Carbides, Whether or Not Chemically Defined in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,2481,5772,8453,02510.4%
Slovakia10066.119230144.4%
MexicoN/AN/A51.079.054.9%
Bulgaria84.783.891.468.0-7.1%
KazakhstanN/AN/A23120.1-91.3%
Argentina238196278N/A8.1%
South Africa486125369N/A-12.9%
Others8394381,069153-43.3%
Total3,9962,4875,1263,645-3.0%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Egypt in 2022:

  1. China (1736.4 tons)
  2. Slovakia (209.0 tons)
  3. Mexico (53.3 tons)
  4. Bulgaria (47.3 tons)
  5. Kazakhstan (14.0 tons)

Exports of Carbides, Whether or Not Chemically Defined in Egypt

In 2022, overseas shipments of carbides, whether or not chemically defineds were finally on the rise to reach 55 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt decline.

In value terms, exports of carbides, whether or not chemically defineds shrank to $53K in 2022. Over the period under review, exports, however, saw a abrupt descent. The smallest decline of -5.7% was in 2021.

Export of Carbides, Whether or Not Chemically Defined in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
OmanN/AN/AN/A34.40%
Libya66.863.059.418.4-34.9%
OthersN/AN/AN/AN/A0%
Total66.863.059.452.8-7.5%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Egypt in 2022:

  1. Oman (38.1 tons)
  2. Libya (16.9 tons)

Source: IndexBox Market Intelligence Platform

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