Price for Mineral Substances Not Elsewhere Specified or Included in Egypt - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Egypt (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Egypt (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Egypt
- Exports of Mineral Substances Not Elsewhere Specified or Included in Egypt
Price for Mineral Substances Not Elsewhere Specified or Included in Egypt (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $743 per ton, rising by 8% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 43%. The import price peaked at $1,169 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($1,189 per ton), while the price for Greece ($237 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mineral Substances Not Elsewhere Specified or Included in Egypt (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $586 per ton in 2022, dropping by -6.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 136%. Over the period under review, the average export prices attained the peak figure at $641 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($1,202 per ton), while the average price for exports to Sudan ($286 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 Senegal (+67.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mineral Substances Not Elsewhere Specified or Included in Egypt
In 2022, the amount of mineral substances not elsewhere specified or includeds imported into Egypt skyrocketed to 18K tons, rising by 19% on the previous year. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of mineral substances not elsewhere specified or includeds surged to $13M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +50.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.3 | 4.8 | 5.4 | 5.6 | -3.9% |
| China | 0.4 | 0.6 | 0.6 | 3.2 | 100.0% |
| Italy | 0.5 | 0.9 | 0.8 | 1.6 | 47.4% |
| Ukraine | 0.7 | N/A | 0.7 | 1.0 | 12.6% |
| Turkey | 0.9 | 2.1 | 0.7 | 0.9 | 0.0% |
| Germany | 0.3 | 0.1 | 0.1 | 0.4 | 10.1% |
| Sudan | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Greece | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.3 | 0.3 | 2.1 | 0.5 | 18.6% |
| Total | 9.5 | 8.9 | 10.4 | 13.4 | 12.1% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Egypt in 2022:
- Spain (5.1K tons)
- China (5.0K tons)
- Italy (2.6K tons)
- Turkey (2.5K tons)
- Ukraine (0.9K tons)
- Germany (0.8K tons)
- Greece (0.6K tons)
- Sudan (0.2K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Egypt
In 2022, overseas shipments of mineral substances not elsewhere specified or includeds increased by 20% to 201 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a dramatic curtailment.
In value terms, exports of mineral substances not elsewhere specified or includeds expanded rapidly to $118K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mineral Substances Not Elsewhere Specified or Included in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | N/A | N/A | N/A | 35.6 | 0% |
| Libya | N/A | N/A | 8.7 | 24.3 | 179.3% |
| Israel | N/A | N/A | 5.0 | 11.1 | 122.0% |
| Sudan | 27.1 | 33.7 | 25.4 | 3.9 | -47.6% |
| Jordan | N/A | 3.6 | 1.6 | 3.9 | 4.1% |
| South Korea | N/A | N/A | 34.4 | N/A | 0% |
| Syrian Arab Republic | N/A | 36.9 | N/A | N/A | 0% |
| Morocco | 51.8 | N/A | N/A | N/A | 0% |
| Lebanon | 10.5 | 11.8 | N/A | N/A | 12.4% |
| Others | 26.9 | 7.1 | 29.5 | 39.0 | 13.2% |
| Total | 116 | 93.2 | 105 | 118 | 0.6% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Egypt in 2022:
- Georgia (124.1 tons)
- Israel (38.5 tons)
- Libya (21.0 tons)
- Sudan (13.5 tons)
- Jordan (3.3 tons)
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