Report Update: May 1, 2024

Egypt - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polystyrene in Primary Forms in Egypt - 2023

Price for Polystyrene in Primary Forms in Egypt (CIF) - 2022

The average polystyrene in primary forms import price stood at $2,115 per ton in 2022, increasing by 18% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polystyrene in primary forms import price increased by +83.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 56% against the previous year. Over the period under review, average import prices hit record highs at $2,271 per ton in 2013; however, from 2014 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 countries with the highest prices were India ($2,115 per ton) and Saudi Arabia ($2,115 per ton), while the price for Singapore ($2,115 per ton) and Pakistan ($2,115 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polystyrene in Primary Forms in Egypt (FOB) - 2022

In 2022, the average polystyrene in primary forms export price amounted to $2,044 per ton, jumping by 20% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polystyrene in primary forms export price increased by +82.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 51%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($2,044 per ton) and Romania ($2,044 per ton), while the average price for exports to Turkey ($2,044 per ton) and Belgium ($2,044 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 Romania (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polystyrene in Primary Forms in Egypt

In 2022, approx. 54K tons of polystyrene in primary forms (excluding expansible polystyrene) were imported into Egypt; leveling off at 2021. Over the period under review, imports, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year.

In value terms, polystyrene in primary forms imports soared to $113M in 2022. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 121% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Polystyrene in Primary Forms in Egypt (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	15.9	12.1	29.3	49.7	46.2%
Saudi Arabia	9.5	3.8	9.7	16.2	19.5%
South Korea	5.7	10.4	15.6	12.1	28.5%
China	2.6	1.0	3.2	10.8	60.7%
India	3.3	1.4	9.0	10.3	46.1%
Singapore	5.1	1.4	1.1	6.9	10.6%
Belgium	23.5	9.1	8.2	4.4	-42.8%
Germany	6.7	1.1	3.0	N/A	-33.1%
Others	7.1	3.1	16.8	3.0	-25.0%
Total	79.4	43.4	95.8	113	12.5%

Top Suppliers of Polystyrene in Primary Forms to Egypt in 2022:

Taiwan (Chinese) (23.5K tons)
Saudi Arabia (7.7K tons)
South Korea (5.7K tons)
China (5.1K tons)
India (4.9K tons)
Singapore (3.3K tons)
Belgium (2.1K tons)

Exports of Polystyrene in Primary Forms in Egypt

Polystyrene in primary forms exports from Egypt skyrocketed to 3.6K tons in 2022, jumping by 7,829% on the previous year. Over the period under review, exports recorded a significant expansion.

In value terms, polystyrene in primary forms exports soared to $7.3M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polystyrene in Primary Forms in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	N/A	385	N/A	2,072	132.0%
Italy	65.1	931	N/A	1,461	182.1%
Lebanon	14.3	N/A	29.0	848	290.0%
Morocco	N/A	46.0	N/A	757	305.7%
Romania	N/A	N/A	N/A	518	0%
Turkey	N/A	N/A	N/A	449	0%
Belgium	842	1,742	N/A	269	-31.6%
Spain	456	N/A	N/A	182	-26.4%
Ireland	N/A	249	N/A	N/A	0%
China	N/A	1,537	N/A	N/A	0%
Portugal	649	276	N/A	N/A	-57.5%
Albania	N/A	205	N/A	N/A	0%
Others	65.8	486	47.5	750	125.0%
Total	2,093	5,856	76.6	7,307	51.7%

Top Export Markets for Polystyrene in Primary Forms from Egypt in 2022:

Slovenia (1013.9 tons)
Italy (715.1 tons)
Lebanon (414.8 tons)
Morocco (370.4 tons)
Romania (253.5 tons)
Turkey (219.6 tons)
Belgium (131.8 tons)
Spain (89.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polystyrene 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)

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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023