Formic acid salts imports in Egypt: data, top suppliers and prices
Imports of formic acid salts by Egypt reached $10.6 million in 2024 (2.3 thousand tonnes). Its share of world imports was 3%. That is 1938% more than in 2023. Over 2017-2024 the trade grew strongly, by about 47% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $10.6M | 2.3K t |
| 2023 | $519K | 555 t |
| 2022 | $702K | 716 t |
| 2021 | $611K | 762 t |
| 2020 | $332K | 516 t |
| 2019 | $85K | 191 t |
| 2018 | $8.1M | 1.8K t |
| 2017 | $701K | 690 t |
Where Egypt imports formic acid salts from
China alone supplied 63% of it. Among the main suppliers, Sweden grew fastest (+166% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $6.7M | 63% |
| Norway | $1.7M | 16% |
| United Kingdom | $1.4M | 13% |
| Sweden | $437K | 4.1% |
| Netherlands | $253K | 2.4% |
| Spain | $77K | 0.7% |
| Germany | $30K | 0.3% |
| Belgium | $26K | 0.2% |
| Turkey | $7K | 0.1% |
| Italy | $2K | 0% |
Average import price per kg
The average declared value was about $4.51 per kg, 457% above the world average of $0.81. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Egypt?
The shipment records behind Egypt formic acid salts imports (HS 2915.12): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2915.12: Acids: saturated acyclic monocarboxylic acids: salts of formic acids.
Common questions
What is the value of formic acid salts imported by Egypt?
Egypt imported formic acid salts worth $10.6 million in 2024, the latest year with complete public data, about 2.3 thousand tonnes. That ranks it 12th of 149 countries worldwide, with 3% of world imports.
Which countries supply formic acid salts to Egypt?
China was the largest supplier with 63% of the value ($6.7 million), followed by Norway (16%) and the United Kingdom (13%). The top three together account for 92%, out of 12 supplier countries in total. The Netherlands grew fastest among the top ten, up 366% on the year.
What is the average import price of formic acid salts per kg?
The average declared import value was about $4.51 per kg in 2024, 457% above the world average of $0.81 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of formic acid salts to Egypt changed since 2017?
Imports went from $701 thousand in 2017 to $10.6 million in 2024. 2024 was the highest year in the period. Over 8 years the average was $2.7 million a year.
What is the HS code for formic acid salts?
The HS code for formic acid salts is subheading 2915.12. It sits in HS chapter 29 (organic chemicals). The full list of codes and descriptions is on the HS 2915 page.
How can I find the companies behind this trade?
For Egypt, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
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