Egypt is the largest industrial base of the MENA region and the plastics industry in particular is growing steadily and becoming increasingly modernised.
The plastics industry in Egypt is growing steadily with over 2.1 million tonnes. With its 91+ million population, Egypt is the largest polymer market in Africa accounting for over 20% of demand in 2017. Its polymer consumption is estimated at 2 million tonnes with per capita consumption of 21.8 kg/head.
Investments at the plastics industry in Egypt in 2016 were US$ 7.8 bn, while exports of end products reached US$ 0.85 bn as per the Plastics Industries Division.
Growth will remain in line with the average for Africa. It is expected to accelerate between 2017 and 2021, subject to investor confidence, up to 7.4%/year, which will push consumption up towards 2.8 million tonnes by 2021.
Egypt’s plastics market is supplied 65% from imports and 35% from domestic sources.
The government aims to develop 14 petrochemical clusters, comprising 24 projects at a value of more than US$ 17 bn.
Also under study are plans for a 70,000 t/y formaldehyde plant, a 250,000 t/y propylene and polypropylene facility, and a further 300,000 t/y of polystyrene capacity is in the pipeline.
According to Egyptian Plastics Exporters & Manufacturers Association (EPEMA), there are about 415,000 people employed in the plastics industry in Egypt.
There are more than 1,300 factories involved in the plastics industries, while the total market volume is about US$ 4 bn as per the Division of Plastics & Rubber affiliate to the Chamber of Chemical Industries.