Salts; Molybdates Price in Egypt - 2022

Contents:

1. Salts; Molybdates Price in Egypt (CIF) - 2022
2. Salts; Molybdates Imports in Egypt

Salts; Molybdates Price in Egypt (CIF) - 2022

In 2022, the average salts; molybdates import price amounted to $130,120 per ton, surging by 1,070% against the previous year. Over the period under review, the import price posted a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($145,500 per ton), while the price for the UK ($83,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Molybdates Imports in Egypt

In 2022, purchases abroad of salts; molybdateses decreased by -97.8% to 441 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 85%. As a result, imports reached the peak of 20 tons, and then shrank dramatically in the following year.

In value terms, salts; molybdates imports contracted dramatically to $57K in 2022. Over the period under review, imports recorded a sharp curtailment. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of $225K, and then shrank notably in the following year.

Top Suppliers of Salts; Molybdates to Egypt in 2022:

1. Poland (372.0 kg)
2. United States (60.0 kg)
3. India (8.0 kg)

Source: IndexBox Market Intelligence Platform