Egypt - Borates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBorates Price in Egypt - 2023
Contents:
- Borates Price in Egypt (CIF) - 2023
- Borates Price in Egypt (FOB) - 2022
- Borates Imports in Egypt
- Borates Exports in Egypt
Borates Price in Egypt (CIF) - 2023
The average borates import price stood at $556 per ton in July 2023, declining by -10.7% against the previous month. Over the period under review, the import price, however, saw modest growth. The most prominent rate of growth was recorded in September 2022 an increase of 50% m-o-m. As a result, import price attained the peak level of $789 per ton. From October 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,090 per ton), while the price for Turkey stood at $547 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Borates Price in Egypt (FOB) - 2022
The average borates export price stood at $1,047 per ton in 2022, with an increase of 34% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2013 an increase of 2,095%. As a result, the export price reached the peak level of $13,073 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Djibouti ($1,004 per ton) and Saudi Arabia ($1,004 per ton), while the average price for exports to Kuwait ($1,004 per ton) and Libya ($1,004 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+77.7%), while the prices for the other major destinations experienced more modest paces of growth.
Borates Imports in Egypt
After three years of growth, purchases abroad of borates decreased by -5.4% to 17K tons in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 52%. As a result, imports reached the peak of 18K tons, and then reduced in the following year.
In value terms, borates imports dropped slightly to $9.3M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of $9.4M, and then contracted modestly in the following year.
Import of Borates in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 4.5 | 3.4 | 6.3 | 7.9 | 20.6% |
United States | N/A | 0.4 | 0.8 | 0.5 | 11.8% |
Argentina | 0.9 | 1.4 | 0.6 | 0.3 | -30.7% |
China | 0.2 | N/A | 0.1 | 0.2 | 0.0% |
Spain | N/A | 0.1 | 0.3 | 0.2 | 41.4% |
Others | 0.5 | 0.3 | 1.3 | 0.2 | -26.3% |
Total | 6.1 | 5.6 | 9.4 | 9.3 | 15.1% |
Top Suppliers of Borates to Egypt in 2022:
- Turkey (15.2K tons)
- Argentina (0.8K tons)
- United States (0.5K tons)
- China (0.3K tons)
- Spain (0.3K tons)
Borates Exports in Egypt
In 2022, the amount of borates exported from Egypt declined significantly to 249 tons, dropping by -50% on 2021 figures. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 619% against the previous year. As a result, the exports attained the peak of 498 tons, and then fell notably in the following year.
In value terms, borates exports dropped sharply to $261K in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 728% against the previous year. As a result, the exports attained the peak of $388K, and then shrank markedly in the following year.
Export of Borates in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Djibouti | 3.5 | N/A | 45.4 | 178 | 270.5% |
Kuwait | 9.4 | 36.3 | 35.1 | 49.0 | 73.4% |
Libya | N/A | N/A | 242 | 12.5 | -94.8% |
Saudi Arabia | N/A | N/A | N/A | 11.1 | 0% |
Russia | 7.8 | N/A | N/A | N/A | 0% |
Oman | N/A | 10.5 | N/A | N/A | 0% |
Others | N/A | N/A | 65.4 | 10.7 | -83.6% |
Total | 20.8 | 46.8 | 388 | 261 | 132.4% |
Top Export Markets for Borates from Egypt in 2022:
- Djibouti (176.9 tons)
- Kuwait (48.8 tons)
- Libya (12.4 tons)
- Saudi Arabia (11.1 tons)
This report provides an in-depth analysis of the borates market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20136230 - Borates, peroxoborates (perborates)
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the borates market in Egypt.
This report provides an in-depth analysis of the global borates market.
This report provides an in-depth analysis of the borates market in Egypt.
This report provides an in-depth analysis of the global borates market.
In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
In value terms, borates and peroxoborates imports amounted to $X in 2016. Overall, it indicated a pronounced increase from 2007 to 2016: the total imports value decreased at an average annual rate ...
In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...
In value terms, borates and peroxoborates exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of ...
Borates are used in the production of glass, ceramics, agriculture, detergents and bleaches. From 2007 to 2016, global borate consumption displayed a mixed dynamic. Between 2015 and 2016, global borate market remained relatively stable. As of the end o
In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
In value terms, borates and peroxoborates imports amounted to $X in 2016. Overall, it indicated a pronounced increase from 2007 to 2016: the total imports value decreased at an average annual rate ...
In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...
In value terms, borates and peroxoborates exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of ...
Borates are used in the production of glass, ceramics, agriculture, detergents and bleaches. From 2007 to 2016, global borate consumption displayed a mixed dynamic. Between 2015 and 2016, global borate market remained relatively stable. As of the end o