Egypt - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene in Primary Forms in Egypt - 2023
Contents:
- Price for Polyethylene in Primary Forms in Egypt (CIF) - 2023
- Price for Polyethylene in Primary Forms in Egypt (FOB) - 2023
- Imports of Polyethylene in Primary Forms in Egypt
- Exports of Polyethylene in Primary Forms in Egypt
Price for Polyethylene in Primary Forms in Egypt (CIF) - 2023
In June 2023, the average polyethylene in primary forms import price amounted to $1,379 per ton, with a decrease of -20.7% against the previous month. In general, the import price saw a slight curtailment. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 6.9% m-o-m. Over the period under review, average import prices hit record highs at $1,739 per ton in May 2023, and then dropped rapidly in the following month.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from South Korea ($1,420 per ton) and India ($1,404 per ton), while the price for the United Arab Emirates ($1,367 per ton) and Saudi Arabia ($1,378 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (-0.9%), while the prices for the other major suppliers experienced a decline.
Price for Polyethylene in Primary Forms in Egypt (FOB) - 2023
The average polyethylene in primary forms export price stood at $1,412 per ton in June 2023, waning by -19% against the previous month. Overall, the export price continues to indicate a mild downturn. The pace of growth was the most pronounced in October 2022 when the average export price increased by 6.2% month-to-month. The export price peaked at $1,744 per ton in May 2023, and then fell notably in the following month.
Average prices varied noticeably for the major overseas markets. In June 2023, the countries with the highest prices were Slovenia ($1,454 per ton) and the Netherlands ($1,444 per ton), while the average price for exports to Turkey ($1,403 per ton) and Spain ($1,403 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (-0.9%), while the prices for the other major destinations experienced a decline.
Imports of Polyethylene in Primary Forms in Egypt
In 2022, approx. 538K tons of polyethylene in primary forms were imported into Egypt; surging by 1.8% compared with the previous year. Over the period under review, imports, however, recorded a noticeable slump.
In value terms, polyethylene in primary forms imports reduced to $807M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of $860M, and then reduced in the following year.
Import of Polyethylene in Primary Forms in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Saudi Arabia | 418 | 326 | -22.0% | ||
United Arab Emirates | 121 | 125 | 3.3% | ||
United States | 47.7 | 26.1 | -45.3% | ||
Qatar | 20.2 | 16.5 | -18.3% | ||
Belgium | 10.7 | 14.0 | 30.8% | ||
Italy | 4.2 | 12.5 | 197.6% | ||
Germany | 17.2 | 10.9 | -36.6% | ||
Others | 46.7 | 35.8 | -23.3% | ||
Total | 685 | 567 | -17.2% |
Top Suppliers of Polyethylene in Primary Forms to Egypt in 2022:
- Saudi Arabia (300.8K tons)
- United Arab Emirates (117.2K tons)
- United States (23.8K tons)
- Qatar (15.1K tons)
- Belgium (13.0K tons)
- Italy (11.8K tons)
- Germany (10.2K tons)
Exports of Polyethylene in Primary Forms in Egypt
In 2022, the amount of polyethylene in primary forms exported from Egypt soared to 333K tons, with an increase of 31% compared with 2021. Overall, exports, however, continue to indicate a noticeable decrease.
In value terms, polyethylene in primary forms exports skyrocketed to $504M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Polyethylene in Primary Forms in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Belgium | 93.6 | 52.2 | -44.2% | ||
Turkey | 54.4 | 36.5 | -32.9% | ||
Spain | 49.5 | 33.0 | -33.3% | ||
United Kingdom | 17.4 | 16.7 | -4.0% | ||
Italy | 30.8 | 14.2 | -53.9% | ||
Sudan | 7.6 | 8.8 | 15.8% | ||
Libya | 7.3 | 8.6 | 17.8% | ||
Greece | 14.9 | 7.8 | -47.7% | ||
Slovenia | 14.4 | 7.8 | -45.8% | ||
Brazil | 0.4 | 6.5 | 1525.0% | ||
China | 32.8 | 6.2 | -81.1% | ||
France | 11.8 | 5.5 | -53.4% | ||
Syrian Arab Republic | N/A | 5.5 | 0% | ||
Others | 46.2 | 54.5 | 18.0% | ||
Total | 381 | 264 | -30.7% |
Top Export Markets for Polyethylene in Primary Forms from Egypt in 2022:
- Belgium (48.6K tons)
- Turkey (33.9K tons)
- Spain (30.6K tons)
- United Kingdom (15.5K tons)
- Italy (13.2K tons)
- Sudan (8.2K tons)
- Libya (8.0K tons)
- Slovenia (7.3K tons)
- Greece (7.2K tons)
- Brazil (6.1K tons)
- China (5.8K tons)
- France (5.1K tons)
- Syrian Arab Republic (5.1K tons)
This report provides an in-depth analysis of the market for polyethylene in primary forms 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
- 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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