Egypt: Sulphur Market 2024

Sulphur Market Size in Egypt

In 2022, the Egyptian sulphur market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption showed a relatively flat trend pattern. Sulphur consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Sulphur Production in Egypt

In value terms, sulphur production declined rapidly to $X in 2022 estimated in export price. Over the period under review, production posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then shrank rapidly in the following year.

Sulphur Exports

Exports from Egypt

In 2022, shipments abroad of sulphur increased by X% to X tons, rising for the second year in a row after three years of decline. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, sulphur exports plummeted to $X in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Tanzania (X tons) was the main destination for sulphur exports from Egypt, accounting for a X% share of total exports. Moreover, sulphur exports to Tanzania exceeded the volume sent to the second major destination, South Africa (X tons), more than tenfold. The third position in this ranking was taken by Greece (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Greece (X% per year).

In value terms, Tanzania ($X) remains the key foreign market for sulphur exports from Egypt, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Tanzania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Greece (X% per year).

Export Prices by Country

In 2022, the average sulphur export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced a decline.

Sulphur Imports

Imports into Egypt

In 2022, purchases abroad of sulphur increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sulphur imports surged to $X in 2022. Overall, imports continue to indicate a perceptible increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Kazakhstan (X tons) constituted the largest sulphur supplier to Egypt, with a X% share of total imports. Moreover, sulphur imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Libya (X tons), threefold. The third position in this ranking was held by Uzbekistan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kazakhstan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Libya (X% per year) and Uzbekistan (X% per year).

In value terms, Libya ($X), Uzbekistan ($X) and Saudi Arabia ($X) constituted the largest sulphur suppliers to Egypt, with a combined X% share of total imports. Romania, Turkmenistan, Turkey, Kazakhstan, Russia, China, Spain, Greece and Bulgaria lagged somewhat behind, together accounting for a further X%.

Turkmenistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sulphur import price amounted to $X per ton, flattening at the previous year. Overall, the import price posted a temperate expansion. The pace of growth was the most pronounced in 2021 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 near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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