Sulphites; Thiosulphates Price in Egypt - 2023

Contents:

1. Sulphites; Thiosulphates Price in Egypt (CIF) - 2022
2. Sulphites; Thiosulphates Price in Egypt (FOB) - 2022
3. Sulphites; Thiosulphates Imports in Egypt
4. Sulphites; Thiosulphates Exports in Egypt

Sulphites; Thiosulphates Price in Egypt (CIF) - 2022

The average sulphites; thiosulphates import price stood at $790 per ton in 2022, increasing by 55% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates import price increased by +74.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($791 per ton) and Turkey ($791 per ton), while the price for India ($776 per ton) and China ($785 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Egypt (FOB) - 2022

The average sulphites; thiosulphates export price stood at $737 per ton in 2022, dropping by -63.8% against the previous year. Over the period under review, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 an increase of 297% against the previous year. As a result, the export price reached the peak level of $2,036 per ton, and then reduced dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Algeria.

From 2012 to 2022, the rate of growth in terms of prices for Algeria amounted to -5.0% per year.

Sulphites; Thiosulphates Imports in Egypt

In 2022, approx. 8K tons of sulphites; thiosulphateses were imported into Egypt; dropping by -8.4% on the previous year's figure. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year.

In value terms, sulphites; thiosulphates imports soared to $6.3M in 2022. Overall, imports, however, continue to indicate a pronounced increase. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Sulphites; Thiosulphates to Egypt in 2022:

1. Turkey (5.2K tons)
2. China (1.5K tons)
3. Italy (0.7K tons)
4. Germany (0.2K tons)
5. Thailand (0.2K tons)
6. India (0.1K tons)

Sulphites; Thiosulphates Exports in Egypt

In 2022, overseas shipments of sulphites; thiosulphateses were finally on the rise to reach 19 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a sharp descent.

In value terms, sulphites; thiosulphates exports soared to $14K in 2022. In general, exports, however, saw a dramatic shrinkage.

Top Export Markets for Sulphites; Thiosulphates from Egypt in 2022:

1. Algeria (18.7 tons)

Source: IndexBox Market Intelligence Platform