Price for Sulphites; Other than of Sodium in Egypt - 2023
Contents:
- Price for Sulphites; Other than of Sodium in Egypt (CIF) - 2022
- Imports of Sulphites; Other than of Sodium in Egypt
Price for Sulphites; Other than of Sodium in Egypt (CIF) - 2022
The average import price for sulphites; other than of sodia stood at $967 per ton in 2022, rising by 52% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; other than of sodium import price increased by +90.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +4.2% per year.
Imports of Sulphites; Other than of Sodium in Egypt
In 2022, supplies from abroad of sulphites; other than of sodia decreased by -99.9% to 90 kg, falling for the second year in a row after two years of growth. In general, imports faced a precipitous descent. The pace of growth was the most pronounced in 2020 when imports increased by 54%. As a result, imports attained the peak of 370 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sulphites; other than of sodium imports shrank notably to $87 in 2022. Over the period under review, imports faced a significant contraction. The growth pace was the most rapid in 2020 when imports increased by 8.5%. As a result, imports reached the peak of $188K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sulphites; Other than of Sodium in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 42.3 | 71.1 | 25.0 | 0.1 | -86.7% |
| China | 40.1 | 15.1 | 4.9 | N/A | -65.0% |
| Germany | 21.1 | 18.9 | 0.3 | N/A | -88.1% |
| United Kingdom | 16.1 | 18.0 | 5.9 | N/A | -39.5% |
| India | 23.5 | 8.5 | 9.6 | N/A | -36.1% |
| United States | 7.0 | 5.7 | 1.3 | N/A | -56.9% |
| Turkey | 20.6 | 41.2 | 12.3 | N/A | -22.7% |
| Others | 2.7 | 9.6 | 17.3 | N/A | 153.1% |
| Total | 173 | 188 | 76.7 | 0.1 | -91.7% |
Top Suppliers of Sulphites; Other than of Sodium to Egypt in 2022:
- Italy (90.0 kg)
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