Egypt"s nitrogen market is experiencing significant shifts, driven by substantial export volumes and notable price fluctuations. In recent years, Egypt has solidified its position as a key player in the global nitrogen trade, particularly through its exports of anhydrous ammonia and ammonia in aqueous solutions. In 2023 alone, Egypt exported over 302 million kg of anhydrous ammonia, generating a revenue of approximately $261 million. This marks a decrease in volume from 2022"s staggering 371 million kg yet also a shift in pricing strategy, as the value dropped from $503 million in 2022. Interestingly, 2021 saw even higher export volumes of nearly 498 million kg, highlighting 2023"s relative stabilization at lower volumes. Conversely, imports of anhydrous ammonia have decreased from 29 million kg in 2023 to a mere 1,432 kg projected in 2024. This stark reduction suggests a strategic pivot towards enhancing domestic production capabilities or adjusting to global supply chain dynamics. Furthermore, Egypt"s export of ammonia in aqueous solutions continues to flourish, with 2023 figures showing exports of 116 valued at approximately $42 million.
The trend is set to continue, with 2024 projected figures indicating exports reaching 127 million kg, though the revenue appears more modest at $34 million, suggesting a potential price adjustment or competitive market pressures. These trade dynamics present promising opportunities for businesses aiming to explore the chemicals market in Egypt, particularly those interested in nitrogen-based commodities. For companies seeking to engage with this market, understanding these trends is crucial for strategic positioning and maximizing trade benefits. Aritral, an AI-driven B2B platform, facilitates access to Egypt"s chemicals market by offering services such as Product Listing, Direct Communication with suppliers, Global Sales Assistance, AI-Powered Marketing, and Profile Management. This platform can be instrumental in navigating Egypt’s evolving market landscape, providing valuable insights and streamlined interactions with key suppliers in the region. "
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