Price for Poly(Lactic Acid); in Primary Forms in Egypt - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Egypt (CIF) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Egypt
Price for Poly(Lactic Acid); in Primary Forms in Egypt (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $3,457 per ton, falling by -17% against the previous year. Over the period under review, the import price, however, posted a moderate increase. The most prominent rate of growth was recorded in 2017 an increase of 41%. The import price peaked at $18,059 per ton in 2018; however, from 2019 to 2022, import prices stood 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 Hungary ($3,457 per ton), while the price for China ($3,457 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Poly(Lactic Acid); in Primary Forms in Egypt
In 2022, approx. 21 tons of poly(lactic acid); in primary formses were imported into Egypt; increasing by 48% compared with the previous year's figure. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,459% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, poly(lactic acid); in primary forms imports skyrocketed to $71K in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,773% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Poly(Lactic Acid); in Primary Forms in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | N/A | 54.8 | 0% |
| China | N/A | 1.5 | 22.0 | 15.2 | 218.3% |
| Spain | N/A | N/A | N/A | 1.2 | 0% |
| Germany | 0.1 | 5.0 | 16.3 | N/A | 1176.7% |
| Italy | N/A | 16.4 | N/A | N/A | 0% |
| Others | 1.3 | 3.9 | 19.6 | N/A | 288.3% |
| Total | 1.4 | 26.7 | 58.0 | 71.2 | 270.5% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Egypt in 2022:
- Hungary (15.9 tons)
- China (4.4 tons)
- Spain (0.3 tons)
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