Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Egypt - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Egypt (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Egypt (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Egypt
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Egypt

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Egypt (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $16,177 per ton in 2022, picking up by 25% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 polymers, natural; alginic acid, its salts and esters, in primary formses increased by +48.7% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 44% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($16,178 per ton) and Norway ($16,177 per ton), while the price for the UK ($16,174 per ton) and Italy ($16,176 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+44.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Egypt (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $2,624 per ton, standing approx. at the previous year. Overall, the export price recorded mild growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 2,692%. As a result, the export price reached the peak level of $4,021 per ton. From 2016 to 2022, the average export prices remained at a somewhat 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 Tanzania ($2,942 per ton), while the average price for exports to Spain ($1,957 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Egypt

Imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Egypt contracted sharply to 44 tons in 2022, dropping by -62.3% against the previous year's figure. Overall, imports saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 91%. As a result, imports reached the peak of 117 tons, and then shrank notably in the following year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses dropped significantly to $711K in 2022. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 94%. As a result, imports attained the peak of $1.5M, and then fell rapidly in the following year.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Egypt in 2022:

1. Norway (14.1 tons)
2. Germany (10.8 tons)
3. China (6.6 tons)
4. Italy (5.7 tons)
5. France (4.2 tons)
6. India (1.7 tons)
7. United Kingdom (0.8 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Egypt

After three years of growth, overseas shipments of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -36.6% to 269 tons in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 338%.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses declined sharply to $706K in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 318% against the previous year.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Egypt in 2022:

1. Tanzania (126.3 tons)
2. Philippines (60.0 tons)
3. Dominican Republic (43.0 tons)
4. Spain (20.0 tons)
5. South Africa (7.0 tons)
6. Colombia (7.0 tons)

Source: IndexBox Market Intelligence Platform