Egypt - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilicates Price in Egypt - 2023
Contents:
- Silicates Price in Egypt (FOB) - 2023
- Silicates Price in Egypt (CIF) - 2022
- Silicates Exports in Egypt
- Silicates Imports in Egypt
Silicates Price in Egypt (FOB) - 2023
The average silicates export price stood at $716 per ton in June 2023, rising by 19% against the previous month. Overall, export price indicated a prominent expansion from June 2022 to June 2023: its price increased at an average monthly rate of +5.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, silicates export price increased by +19.0% against May 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 54% month-to-month. The export price peaked in June 2023.
Average prices varied noticeably for the major external markets. In June 2023, the highest price was recorded for prices to Cote d'Ivoire ($711 per ton) and Romania ($711 per ton), while the average price for exports to Syrian Arab Republic ($711 per ton) and Yemen ($711 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates Price in Egypt (CIF) - 2022
The average silicates import price stood at $973 per ton in 2021, surging by 24% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 77% against the previous year. As a result, import price reached the peak level of $1,035 per ton. From 2019 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,277 per ton), while the price for China ($225 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Silicates Exports in Egypt
In 2022, approx. 49K tons of silicates, commercial alkali metal silicates were exported from Egypt; declining by -19.3% on the previous year. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 95%.
In value terms, silicates exports declined to $24M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.6% 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 +74.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of $24M, leveling off in the following year.
Export of Silicates in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Syrian Arab Republic | N/A | N/A | 3.1 | 0% | |
Angola | 1.6 | 0.6 | 2.4 | 22.5% | |
Senegal | 2.9 | 1.3 | 2.3 | -10.9% | |
Yemen | 3.3 | 1.2 | 1.7 | -28.2% | |
Nigeria | N/A | N/A | 1.7 | 0% | |
Morocco | 1.8 | 1.0 | 1.4 | -11.8% | |
Ghana | 0.1 | N/A | 0.8 | 182.8% | |
Romania | N/A | N/A | 0.8 | 0% | |
Guatemala | N/A | N/A | 0.7 | 0% | |
Italy | 0.5 | 0.1 | 0.7 | 18.3% | |
Cote d'Ivoire | 0.7 | 0.3 | 0.7 | 0.0% | |
Germany | 0.7 | N/A | 0.6 | -7.4% | |
Dominican Republic | 2.2 | 0.9 | 0.6 | -47.8% | |
Others | 5.2 | 8.2 | 6.2 | 9.2% | |
Total | 19.0 | 13.6 | 23.8 | 11.9% |
Top Export Markets for Silicates from Egypt in 2022:
- Syrian Arab Republic (7.9K tons)
- Angola (6.1K tons)
- Senegal (5.7K tons)
- Nigeria (4.5K tons)
- Yemen (4.4K tons)
- Morocco (3.6K tons)
- Ghana (2.1K tons)
- Romania (2.0K tons)
- Guatemala (1.9K tons)
- Cote d'Ivoire (1.9K tons)
- Italy (1.8K tons)
- Dominican Republic (1.6K tons)
- Germany (1.4K tons)
Silicates Imports in Egypt
In 2022, the amount of silicates, commercial alkali metal silicates imported into Egypt contracted significantly to 1.5K tons, shrinking by -21.9% on the previous year. Over the period under review, imports continue to indicate a precipitous descent. The smallest decline of -5.9% was in 2020.
In value terms, silicates imports fell remarkably to $1.4M in 2022. Overall, imports showed a precipitous setback. The smallest decline of -15.8% was in 2020.
Import of Silicates in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United States | 1,173 | 1,012 | 550 | -31.5% | |
China | 264 | 163 | 549 | 44.2% | |
Turkey | 153 | 230 | 185 | 10.0% | |
Australia | N/A | N/A | 103 | 0% | |
India | 144 | 55.2 | 87.1 | -22.2% | |
Germany | 56.3 | 126 | 58.1 | 1.6% | |
Belgium | 54.4 | 52.6 | 41.2 | -13.0% | |
Saudi Arabia | 36.4 | N/A | 25.6 | -16.1% | |
Others | 1,070 | 847 | 254 | -51.3% | |
Total | 2,951 | 2,485 | 1,853 | -20.8% |
Top Suppliers of Silicates to Egypt in 2022:
- China (2435.7 tons)
- Turkey (372.4 tons)
- United States (128.6 tons)
- Germany (85.7 tons)
- Belgium (64.7 tons)
- Saudi Arabia (54.8 tons)
- Australia (54.5 tons)
- India (46.3 tons)
This report provides an in-depth analysis of the silicates market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20136240 - Silicates, commercial alkali metal silicates
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, commercial alkali metal silicates imports totaled $X in 2016. Overall, commercial alkali metal silicates imports continue to indicate a relatively flat trend pattern. In that year, ...
In value terms, commercial alkali metal silicates exports stood at $X in 2016. Overall, commercial alkali metal silicates exports continue to indicate a relatively flat trend pattern. Global commer...
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In value terms, commercial alkali metal silicates imports totaled $X in 2016. Overall, commercial alkali metal silicates imports continue to indicate a relatively flat trend pattern. In that year, ...
In value terms, commercial alkali metal silicates exports stood at $X in 2016. Overall, commercial alkali metal silicates exports continue to indicate a relatively flat trend pattern. Global commer...