Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Egypt - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Egypt (CIF) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Egypt
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Egypt (CIF) - 2022
In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $2,033 per ton, shrinking by -6% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by -9.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $2,234 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,030 per ton), while the price for China ($2,030 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Egypt
In 2022, supplies from abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses increased by 231% to 324 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $658K in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 94.1 | 87.7 | 28.0 | 527 | 77.6% |
| Spain | 78.9 | 37.3 | 11.3 | 69.5 | -4.1% |
| India | 10.0 | 6.7 | 21.8 | 60.7 | 82.4% |
| South Korea | 153 | 155 | 135 | N/A | -6.1% |
| Others | 19.2 | 13.8 | 15.0 | 1.0 | -62.7% |
| Total | 355 | 301 | 212 | 658 | 22.8% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Egypt in 2022:
- China (259.8 tons)
- Spain (34.2 tons)
- India (29.9 tons)
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