Egypt"s chemicals market, particularly in phosphoric acid, has shown remarkable trade dynamics over recent years. The country stands as a significant player, especially in the export sector. In 2022, Egypt exported over 114. 5 million kg of phosphoric acid, a sharp increase compared to the 3. 3 million kg in 2021 and 28. 9 million kg in 2020. This surge reflects Egypt"s strengthened position in the global market, catering particularly to the West Asian demand. Price trends have also shifted.
The export value in 2022 reached $211. 4 million, a substantial leap from previous years, suggesting an increase in global demand and possibly improved pricing strategies. The import figures tell a similar tale, with 2022 seeing imports amounting to 8. 3 valued at $17. 3 million, up from 6 at $6. 2 million in 2021. This indicates rising domestic consumption or re-export strategies. Such robust trade activity signals opportunities for businesses looking to explore Egypt"s chemicals market.
Companies can leverage Egypt"s growing export capacity and seek partnerships for sourcing phosphoric acid, tapping into the competitive pricing and strategic geographic position that Egypt offers in West Asia. Navigating this market efficiently requires reliable contacts and insights into the local supplier landscape. Platforms like Aritral are instrumental in this regard. Aritral, an AI-driven B2B platform, simplifies the complexities of international trade. It offers product listing services, direct communication channels, global sales assistance, AI-powered marketing, and comprehensive profile management. This makes it an excellent resource for accessing Egypt"s phosphoric acid suppliers and optimizing trade operations. "
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