Egypt - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHearing Aid Price in Egypt - 2023
Contents:
- Hearing Aid Price in Egypt (CIF) - 2022
- Hearing Aid Price in Egypt (FOB) - 2022
- Hearing Aid Imports in Egypt
- Hearing Aid Exports in Egypt
Hearing Aid Price in Egypt (CIF) - 2022
In 2022, the average hearing aid import price amounted to $165 per unit, declining by -7.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 186% against the previous year. Over the period under review, average import prices hit record highs at $622 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($165 per unit) and the United States ($165 per unit), while the price for Austria ($165 per unit) and Germany ($165 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Hearing Aid Price in Egypt (FOB) - 2022
In 2022, the average hearing aid export price amounted to $115 per unit, declining by -19.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 921% against the previous year. Over the period under review, the average export prices hit record highs at $303 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($175 per unit), while the average price for exports to Poland ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+23.8%), while the prices for the other major destinations experienced a decline.
Hearing Aid Imports in Egypt
In 2022, the amount of hearing aids (excl. parts and accessories) imported into Egypt rose remarkably to 86K units, surging by 6.5% on the previous year's figure. Over the period under review, imports saw resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 90%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, hearing aid imports reduced modestly to $14M in 2022. In general, imports posted a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of $15M, and then dropped modestly in the following year.
Import of Hearing Aid in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 2.8 | 3.6 | 6.8 | 8.2 | 43.1% |
United States | 0.6 | 0.9 | 2.7 | 2.6 | 63.0% |
Singapore | 0.3 | 0.5 | 0.9 | 1.6 | 74.7% |
China | 0.1 | 0.3 | 0.6 | 0.9 | 108.0% |
Australia | 1.2 | 1.3 | 1.6 | 0.1 | -56.3% |
Switzerland | 2.1 | 0.1 | N/A | N/A | -95.2% |
Austria | 1.7 | 0.1 | N/A | N/A | -94.1% |
Others | 0.8 | 1.0 | 1.8 | 0.9 | 4.0% |
Total | 9.5 | 7.8 | 14.5 | 14.3 | 14.6% |
Top Suppliers of Hearing Aid to Egypt in 2022:
- Austria (undefinedK units)
- Switzerland (undefinedK units)
- Denmark (49.4K units)
- United States (15.7K units)
- Singapore (9.5K units)
- China (5.5K units)
- Australia (0.4K units)
Hearing Aid Exports in Egypt
In 2022, approx. 246 units of hearing aids (excl. parts and accessories) were exported from Egypt; with an increase of 37% on 2021. In general, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 598%. As a result, the exports attained the peak of 2.2K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, hearing aid exports expanded significantly to $28K in 2022. Overall, exports, however, showed a abrupt contraction. Over the period under review, the exports hit record highs at $38K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Hearing Aid in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 32.3 | 9.8 | 7.2 | 15.4 | -21.9% |
Switzerland | 3.6 | 3.0 | 18.4 | 12.8 | 52.6% |
France | N/A | 6.0 | N/A | N/A | 0% |
Poland | N/A | N/A | N/A | N/A | 0% |
Singapore | N/A | 8.6 | N/A | N/A | 0% |
Others | 2.4 | 3.7 | N/A | 0.1 | -65.3% |
Total | 38.3 | 31.1 | 25.7 | 28.4 | -9.5% |
Top Export Markets for Hearing Aid from Egypt in 2022:
- United Kingdom (156.0 units)
- Switzerland (73.0 units)
- Poland (8.0 units)
- France (8.0 units)
This report provides an in-depth analysis of the hearing aid market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26601433 - Appliances for overcoming deafness (excluding parts and accessories)
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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