Sulphides; of Sodium Price in Egypt - 2023

Contents:

  1. Sulphides; of Sodium Price in Egypt (CIF) - 2022
  2. Sulphides; of Sodium Price in Egypt (FOB) - 2022
  3. Sulphides; of Sodium Imports in Egypt
  4. Sulphides; of Sodium Exports in Egypt

Sulphides; of Sodium Price in Egypt (CIF) - 2022

In 2022, the average sulphides; of sodium import price amounted to $1,063 per ton, with an increase of 37% against the previous year. In general, the import price saw a pronounced increase. The pace of growth appeared the most rapid in 2018 an increase of 46% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.5% per year.

Sulphides; of Sodium Price in Egypt (FOB) - 2022

The average sulphides; of sodium export price stood at $858 per ton in 2022, shrinking by -23% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2017 an increase of 79%. Over the period under review, the average export prices reached the maximum at $1,115 per ton in 2021, and then shrank markedly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($858 per ton), while the average price for exports to Libya stood at $857 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+8.6%).

Sulphides; of Sodium Imports in Egypt

In 2022, sulphides; of sodium imports into Egypt shrank notably to 1.4K tons, with a decrease of -51.8% compared with the year before. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 165% against the previous year. As a result, imports attained the peak of 2.9K tons, and then contracted rapidly in the following year.

In value terms, sulphides; of sodium imports declined sharply to $1.5M in 2022. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 217%. As a result, imports reached the peak of $2.3M, and then reduced dramatically in the following year.

Import of Sulphides; of Sodium in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4313531,0461,38347.5%
RussiaN/AN/A111N/A0%
South Korea32.013.329.3N/A-4.3%
Belgium498122603N/A10.0%
Germany132148172N/A14.2%
Turkey24.547.437.9N/A24.4%
Others58.936.728412628.9%
Total1,1767212,2831,5098.7%

Top Suppliers of Sulphides; of Sodium to Egypt in 2022:

  1. China (1300.7 tons)

Sulphides; of Sodium Exports in Egypt

After two years of decline, overseas shipments of sulphides; of sodia increased by 29% to 4.2 tons in 2022. Overall, exports, however, saw a significant decrease.

In value terms, sulphides; of sodium exports dropped to $3.6K in 2022. Over the period under review, exports, however, showed a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 0.9%.

Export of Sulphides; of Sodium in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sudan7.73.50.53.5-23.1%
Libya0.20.1N/A0.1-20.6%
PakistanN/AN/A3.1N/A0%
OthersN/AN/AN/AN/A0%
Total7.93.63.63.6-23.0%

Top Export Markets for Sulphides; of Sodium from Egypt in 2022:

  1. Sudan (4.1 tons)
  2. Libya (0.1 tons)

Source: IndexBox Market Intelligence Platform

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