Egypt: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in Egypt

In 2022, the Egyptian aromatic hydrocarbon mixtures market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, saw a noticeable shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Aromatic Hydrocarbon Mixtures Production in Egypt

In value terms, aromatic hydrocarbon mixtures production fell slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Aromatic Hydrocarbon Mixtures Exports

Exports from Egypt

After two years of decline, overseas shipments of naphthalene and other aromatic hydrocarbon mixtures increased by X% to X tons in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by X,836%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, aromatic hydrocarbon mixtures exports skyrocketed to $X in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X,085% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for aromatic hydrocarbon mixtures exports from Egypt, accounting for a X% share of total exports. Moreover, aromatic hydrocarbon mixtures exports to the Netherlands exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled X%.

From 2012 to 2022, the average annual growth rate of value to the Netherlands amounted to X%.

Export Prices by Country

In 2022, the average aromatic hydrocarbon mixtures export price amounted to $X per ton, flattening at the previous year. In general, the export price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Aromatic Hydrocarbon Mixtures Imports

Imports into Egypt

Aromatic hydrocarbon mixtures imports into Egypt skyrocketed to X tons in 2022, rising by X% against 2021 figures. Over the period under review, imports posted buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, aromatic hydrocarbon mixtures imports soared to $X in 2022. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest aromatic hydrocarbon mixtures supplier to Egypt, accounting for a X% share of total imports. Moreover, aromatic hydrocarbon mixtures imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), eightfold. The third position in this ranking was held by Denmark (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Denmark (X% per year).

In value terms, China ($X) constituted the largest supplier of naphthalene and other aromatic hydrocarbon mixtures to Egypt, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Denmark (X% per year).

Import Prices by Country

The average aromatic hydrocarbon mixtures import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price posted a slight expansion. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($X per ton) and South Korea ($X per ton), while the price for China ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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