Price for Ethylene Polymers; Waste, Parings and Scrap in Egypt - 2023

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Egypt (CIF) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Egypt (FOB) - 2022
3. Imports of Ethylene Polymers; Waste, Parings and Scrap in Egypt
4. Exports of Ethylene Polymers; Waste, Parings and Scrap in Egypt

Price for Ethylene Polymers; Waste, Parings and Scrap in Egypt (CIF) - 2022

The average import price for ethylene polymers; waste, parings and scraps stood at $596 per ton in 2022, growing by 28% against the previous year. Over the period under review, import price indicated buoyant growth from 2018 to 2022: its price increased at an average annual rate of +10.5% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ethylene polymers; waste, parings and scraps increased by +75.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 37% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Senegal ($596 per ton), while the price for Italy ($596 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.4%).

Price for Ethylene Polymers; Waste, Parings and Scrap in Egypt (FOB) - 2022

In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $551 per ton, with a decrease of -21.8% against the previous year. In general, the export price, however, posted a temperate expansion. The pace of growth appeared the most rapid in 2018 an increase of 654% against the previous year. As a result, the export price reached the peak level of $2,848 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($551 per ton), while the average price for exports to Germany ($550 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Egypt

Imports of ethylene polymers; waste, parings and scraps into Egypt surged to 1.5K tons in 2022, jumping by 1,716% on the previous year. Over the period under review, imports saw a significant increase.

In value terms, imports of ethylene polymers; waste, parings and scraps soared to $892K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Egypt in 2022:

1. Italy (703.2 tons)
2. Yemen (493.2 tons)
3. Senegal (301.3 tons)

Exports of Ethylene Polymers; Waste, Parings and Scrap in Egypt

In 2022, shipments abroad of ethylene polymers; waste, parings and scraps decreased by -91.5% to 6.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a sharp shrinkage.

In value terms, exports of ethylene polymers; waste, parings and scraps shrank significantly to $3.4K in 2022. In general, exports continue to indicate a sharp slump.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Egypt in 2022:

1. Slovenia (2.9 tons)
2. Netherlands (2.9 tons)
3. Germany (0.4 tons)

Source: IndexBox Market Intelligence Platform