Phosphorus Price in Egypt - 2022
Contents:
- Phosphorus Price in Egypt (CIF) - 2022
- Phosphorus Price in Egypt (FOB) - 2022
- Phosphorus Imports in Egypt
- Phosphorus Exports in Egypt
Phosphorus Price in Egypt (CIF) - 2022
The average phosphorus import price stood at $6,651 per ton in 2022, jumping by 23% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2014 an increase of 24%. As a result, import price reached the peak level of $6,938 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($6,651 per ton), while the price for China stood at $6,643 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.4%).
Phosphorus Price in Egypt (FOB) - 2022
In 2022, the average phosphorus export price amounted to $5,118 per ton, increasing by 22% against the previous year. In general, export price indicated a buoyant increase from 2019 to 2022: its price increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphorus export price increased by +58.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2019 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +16.6% per year.
Phosphorus Imports in Egypt
In 2022, imports of phosphori into Egypt surged to 22 tons, rising by 57% against 2021. In general, imports saw a mild increase. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. As a result, imports attained the peak of 33 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, phosphorus imports surged to $146K in 2022. Overall, imports continue to indicate prominent growth.
| Import of Phosphorus in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 102 | 158 | 63.4 | 146 | 12.7% |
| Others | 19.3 | 30.5 | 12.4 | 0.8 | -65.4% |
| Total | 121 | 188 | 75.8 | 146 | 6.5% |
Top Suppliers of Phosphorus to Egypt in 2022:
- India (21.9 tons)
Phosphorus Exports in Egypt
In 2022, shipments abroad of phosphori decreased by -17.8% to 40 tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 281%. As a result, the exports reached the peak of 88 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, phosphorus exports stood at $204K in 2022. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 303% against the previous year. As a result, the exports attained the peak of $300K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Phosphorus in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 74.5 | 300 | 203 | 204 | 39.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 74.5 | 300 | 203 | 204 | 39.9% |
Top Export Markets for Phosphorus from Egypt in 2022:
- Saudi Arabia (39.8 tons)
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