Egypt"s paraffin market has shown vibrant activity in 2024, with significant trade volumes shaping the market landscape. The country imported approximately 3. 2 million kilograms of paraffin, valued at over $5. 56 million. This volume indicates Egypt"s reliance on external sources to meet its domestic demand for paraffin-based products, which are critical in various industrial applications. Conversely, Egypt"s role as a paraffin exporter is robust. The country exported an impressive 64. 59 million kilograms of paraffin, with a corresponding value of approximately $129.

95 million. This stark contrast between import and export volumes highlights Egypt"s strong position as a net exporter in the paraffin market. The high export value suggests competitive pricing, likely due to efficient production and a strategic geographical position that facilitates trade with West Asia and beyond. Price trends in 2024 underscore the competitiveness of Egyptian paraffin in the global market. The export value per kilogram is notably higher than the import price, reflecting added value in the exported products or superior quality that meets international standards. For businesses looking to explore opportunities in Egypt"s petroleum market, understanding these trade dynamics is crucial. The demand for paraffin continues to be driven by its applications as a crucial industrial input, underscoring potential for growth in export-driven revenue. Aritral, an AI-driven B2B platform, provides a seamless way to engage with this dynamic market. It offers comprehensive services like Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management, simplifying the process of connecting with key suppliers in Egypt"s petroleum sector.