Alkali Metals; Sodium Price in Egypt - 2023
Contents:
- Alkali Metals; Sodium Price in Egypt (CIF) - 2022
- Alkali Metals; Sodium Price in Egypt (FOB) - 2022
- Alkali Metals; Sodium Imports in Egypt
- Alkali Metals; Sodium Exports in Egypt
Alkali Metals; Sodium Price in Egypt (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $3,182 per ton, increasing by 44% against the previous year. Over the period under review, the import price showed a measured increase. The most prominent rate of growth was recorded in 2017 an increase of 56%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,182 per ton), while the price for China ($3,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.0%), while the prices for the other major suppliers experienced a decline.
Alkali Metals; Sodium Price in Egypt (FOB) - 2022
The average alkali metals; sodium export price stood at $15,855 per ton in 2022, with an increase of 397% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Sudan.
From 2012 to 2022, the rate of growth in terms of prices for Libya amounted to +25.8% per year.
Alkali Metals; Sodium Imports in Egypt
Alkali metals; sodium imports into Egypt declined to 58 tons in 2022, with a decrease of -2.9% against the previous year's figure. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of 59 tons, and then fell modestly in the following year.
In value terms, alkali metals; sodium imports skyrocketed to $183K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 101% 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.
Import of Alkali Metals; Sodium in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 36.5 | 33.1 | 97.0 | 162 | 64.3% |
India | 5.9 | 14.6 | 2.1 | 16.6 | 41.2% |
United Kingdom | 7.0 | 6.2 | 6.2 | 4.3 | -15.0% |
Saudi Arabia | 10.6 | 8.2 | 5.0 | N/A | -31.3% |
Others | 3.6 | 3.4 | 21.1 | 0.7 | -42.1% |
Total | 63.6 | 65.5 | 131 | 183 | 42.2% |
Top Suppliers of Alkali Metals; Sodium to Egypt in 2022:
- China (50.8 tons)
- India (5.2 tons)
- United Kingdom (1.3 tons)
Alkali Metals; Sodium Exports in Egypt
In 2022, after two years of decline, there was significant growth in shipments abroad of alkali metals; sodia, when their volume increased by 101% to 1.7 tons. In general, exports, however, showed a precipitous decrease.
In value terms, alkali metals; sodium exports soared to $27K in 2022. Overall, exports, however, continue to indicate a dramatic downturn.
Export of Alkali Metals; Sodium in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sudan | 0.6 | 0.3 | 0.1 | 27.2 | 256.6% |
Algeria | 108 | 17.1 | 2.1 | N/A | -86.1% |
Libya | 19.5 | 3.2 | 0.5 | N/A | -84.0% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 128 | 20.6 | 2.7 | 27.2 | -40.3% |
Top Export Markets for Alkali Metals; Sodium from Egypt in 2022:
- Sudan (1.7 tons)
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