Egypt: Market for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives 2024

Market Size for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Egypt

The Egyptian market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives soared to $X in 2022, jumping by X% against the previous year. Overall, consumption recorded a abrupt decline. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Egypt

In value terms, production of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. Production of peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Exports from Egypt

Exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Egypt surged to X tons in 2022, with an increase of X% against the previous year's figure. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives skyrocketed to $X in 2022. In general, exports recorded a resilient expansion. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X tons) was the main destination for exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Egypt, accounting for a approx. X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Ecuador amounted to X%.

In value terms, Ecuador ($X) also remains the key foreign market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives exports from Egypt.

From 2013 to 2022, the average annual rate of growth in terms of value to Ecuador totaled X%.

Export Prices by Country

In 2022, the average export price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives amounted to $X per ton, declining by X% against the previous year. In general, the export price faced a abrupt decrease. The pace of growth was the most pronounced in 2021 a decrease of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Ecuador amounted to X% per year.

Imports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Imports into Egypt

In 2022, the amount of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives imported into Egypt reduced sharply to X kg, dropping by X% against 2021 figures. Over the period under review, imports recorded a dramatic slump. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives shrank sharply to $X in 2022. In general, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X kg) constituted the largest supplier of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives to Egypt, accounting for a X% share of total imports. Moreover, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Spain exceeded the figures recorded by the second-largest supplier, the UK (X kg), threefold. India (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and India (X% per year).

In value terms, the largest acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives suppliers to Egypt were Spain ($X), the UK ($X) and India ($X), with a combined X% share of total imports.

India, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price showed a significant expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform