Egypt’s dichloromethane production hits record high in 2024 amid export surge
Dichloromethane production in Egypt reached a record high of $X in 2024, with a steady growth trend over the years. The chemical, primarily used in manufacturing and as a solvent, saw its main export destination as Libya, with a significant share of total exports.
Egypt's dichloromethane market expanded to $X in 2024, surging by X% against the previous year. This growth was driven by increased production, which grew at an average annual rate of X% from 2012 to 2024. In 2024 alone, production soared to $X, with exports reaching X tons, marking a significant expansion.
The average dichloromethane import price in Egypt amounted to $X per ton in 2024, falling by X% against the previous year. China remained the largest supplier to Egypt, with a X% share of total imports. However, imports from China grew at a pace of X% from 2012 to 2024. Despite this, imports into Egypt shrank to X tons in 2024, falling by X% on the year before.
Egypt's dichloromethane industry witnessed a surge in production and exports in 2024, with Libya as the primary export destination. Despite a dip in import prices and volumes, China continued to be the largest supplier. The market's expansion and production growth indicate a strong demand for dichloromethane in Egypt.