Egypt: Chlorides Market 2024

Chlorides Market Size in Egypt

In 2023, the Egyptian chlorides market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, the total consumption indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Chlorides consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Chlorides Production in Egypt

In value terms, chlorides production rose slightly to $X in 2023 estimated in export price. Over the period under review, production showed a buoyant expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Chlorides production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Chlorides Exports

Exports from Egypt

For the third year in a row, Egypt recorded growth in shipments abroad of chlorides (excluding ammonium chloride), which increased by X% to X tons in 2023. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports reached the peak of X tons. From 2020 to 2023, the growth of the exports remained at a lower figure.

In value terms, chlorides exports soared to $X in 2023. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked in 2023 and are likely to see steady growth in years to come.

Exports by Country

Saudi Arabia (X tons), Kuwait (X tons) and Turkey (X tons) were the main destinations of chlorides exports from Egypt, together comprising X% of total exports. The United Arab Emirates, Italy, Cyprus, the United States, Finland, Nigeria, Israel, Algeria and Oman lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for chlorides (excluding ammonium chloride) exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Kuwait (X% per year).

Export Prices by Country

The average chlorides export price stood at $X per ton in 2023, rising by X% against the previous year. Overall, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorides Imports

Imports into Egypt

In 2023, purchases abroad of chlorides (excluding ammonium chloride) increased by less than X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, showed a slight decline. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports failed to regain momentum.

In value terms, chlorides imports expanded remarkably to $X in 2023. Overall, total imports indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, imports attained the maximum in 2023 and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Italy (X tons) constituted the largest supplier of chlorides to Egypt, accounting for a X% share of total imports. Moreover, chlorides imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with an X% share.

From 2012 to 2023, the average annual growth rate of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Czech Republic (X% per year).

In value terms, Italy ($X), China ($X) and India ($X) were the largest chlorides suppliers to Egypt, together comprising X% of total imports. Spain, the Czech Republic, Germany, Saudi Arabia, Russia, the UK, Japan, the United States, the Netherlands and Greece lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average chlorides import price amounted to $X per ton, with an increase of X% against the previous year. Overall, import price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, chlorides import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform