Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Egypt - 2022

Contents:

1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Egypt (CIF) - 2022
2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Egypt (FOB) - 2022
3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Egypt
4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Egypt

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Egypt (CIF) - 2022

In 2022, the average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $509 per unit, shrinking by -28.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 5% against the previous year. The import price peaked at $711 per unit in 2021, and then reduced remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($6,510 per unit), while the price for Japan ($110 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+42.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Egypt (FOB) - 2022

In 2022, the average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $266 per unit, waning by -56.7% against the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 709% against the previous year. As a result, the export price reached the peak level of $4,812 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +84.1% per year.

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Egypt

In 2022, supplies from abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -29.6% to 1.4K units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, imports attained the peak of 3K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses reduced rapidly to $728K in 2022. Overall, imports faced a sharp slump. The growth pace was the most rapid in 2020 when imports increased by 39% against the previous year. As a result, imports attained the peak of $2.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Egypt in 2022:

1. China (745.0 units)
2. United Kingdom (478.0 units)
3. Romania (111.0 units)
4. Japan (45.0 units)
5. Italy (18.0 units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Egypt

After three years of growth, shipments abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -97.2% to 2 units in 2022. Over the period under review, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 103%. As a result, the exports attained the peak of 71 units, and then dropped markedly in the following year.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses contracted rapidly to $532 in 2022. Overall, exports showed a dramatic descent. The smallest decline of -20.9% was in 2020. Over the period under review, the exports of reached the maximum at $102K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Egypt in 2022:

1. Saudi Arabia (2.0 units)

Source: IndexBox Market Intelligence Platform