Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Egypt - 2023

Contents:

  1. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Egypt (CIF) - 2023
  2. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Egypt (FOB) - 2023
  3. Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Egypt
  4. Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Egypt

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Egypt (CIF) - 2023

In September 2023, the average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $502 per ton, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +4.7%. The pace of growth was the most pronounced in October 2022 an increase of 39% month-to-month. Over the period under review, average import prices hit record highs at $516 per ton in July 2023; however, from August 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($949 per ton), while the price for Bulgaria ($460 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Egypt (FOB) - 2023

The average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $501 per ton in September 2023, therefore, remained relatively stable against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 1.3% month-to-month. Over the period under review, the average export prices attained the maximum at $538 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In September 2023, the highest price was recorded for prices to Cote d'Ivoire ($504 per ton) and Ghana ($504 per ton), while the average price for exports to China ($504 per ton) and Angola ($504 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Egypt

In 2022, overseas purchases of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates increased by 38% to 544K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a pronounced downturn.

In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates skyrocketed to $219M in 2022. Overall, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey78.466.157.313118.7%
Bulgaria29.924.231.054.121.9%
China9.48.25.56.4-12.0%
Russia6.05.32.36.21.1%
Spain0.20.60.16.0210.7%
Bosnia and Herzegovina10.36.30.1N/A-90.1%
Romania11.9N/AN/AN/A0%
Others15.011.019.615.51.1%
Total16112211621910.8%

Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Egypt in 2022:

  1. Turkey (343.1K tons)
  2. Bulgaria (148.1K tons)
  3. Spain (16.2K tons)
  4. Russia (12.5K tons)
  5. China (5.2K tons)

Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Egypt

In 2022, overseas shipments of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates increased by 33% to 890K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $85M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 22%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13.017.023.634.538.4%
South Africa5.83.64.85.7-0.6%
Ghana4.03.94.85.39.8%
Saudi Arabia6.66.74.13.9-16.1%
Algeria5.23.52.03.7-10.7%
Cote d'Ivoire1.92.31.93.320.2%
Bangladesh2.32.01.92.52.8%
Angola0.90.72.42.030.5%
Libya1.41.01.51.64.6%
Mauritius0.10.10.11.2128.9%
Guinea0.50.50.70.66.3%
Others18.917.423.720.93.4%
Total60.558.671.584.912.0%

Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Egypt in 2022:

  1. India (432.5K tons)
  2. South Africa (80.0K tons)
  3. Ghana (63.0K tons)
  4. Cote d'Ivoire (49.1K tons)
  5. Algeria (36.8K tons)
  6. Saudi Arabia (29.6K tons)
  7. Bangladesh (28.5K tons)
  8. Angola (27.0K tons)
  9. Libya (22.0K tons)
  10. Mauritius (14.2K tons)
  11. Guinea (9.2K tons)

Source: IndexBox Market Intelligence Platform

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