Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Egypt - 2024

Contents:

1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Egypt (CIF) - 2022
2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Egypt (FOB) - 2022
3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Egypt
4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Egypt

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Egypt (CIF) - 2022

The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.2 per unit in 2022, with an increase of 18% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +10.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by +52.4% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of 25%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($0.3 per unit), while the price for Italy ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Egypt (FOB) - 2022

The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, growing by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2015 an increase of 14%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Iraq ($0.1 per unit) and Saudi Arabia ($0.1 per unit), while the average price for exports to Kuwait ($0.1 per unit) and France ($0.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Egypt

In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment imported into Egypt reduced rapidly to 259M units, declining by -33.7% compared with the previous year's figure. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Imports peaked at 413M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment dropped significantly to $39M in 2022. Overall, imports recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, imports reached the peak of $50M, and then declined notably in the following year.

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Egypt in 2022:

1. China (101.4M units)
2. Germany (16.7M units)
3. Italy (16.0M units)
4. Japan (14.5M units)
5. South Korea (14.3M units)
6. Turkey (11.1M units)
7. India (11.0M units)
8. Slovenia (7.6M units)
9. United States (7.2M units)
10. Poland (6.6M units)
11. Malaysia (5.4M units)
12. Spain (5.2M units)
13. United Kingdom (4.3M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Egypt

In 2022, shipments abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment decreased by -10.1% to 184M units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a slight expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 9.7% against the previous year. The exports peaked at 204M units in 2021, and then fell in the following year.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment shrank to $20M in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 21%. Over the period under review, the exports of hit record highs at $21M in 2021, and then reduced in the following year.

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Egypt in 2022:

1. France (114.7M units)
2. Kuwait (18.0M units)
3. Iraq (10.4M units)
4. Saudi Arabia (9.2M units)
5. United Arab Emirates (8.5M units)
6. Pakistan (7.7M units)
7. Algeria (5.3M units)

Source: IndexBox Market Intelligence Platform