Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt - 2022

Contents:

  1. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt (CIF) - 2022
  2. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt (FOB) - 2022
  3. Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt
  4. Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt (CIF) - 2022

The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $10,723 per ton in 2022, dropping by -30.9% 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 an increase of 119%. As a result, import price attained the peak level of $30,505 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($230,237 per ton), while the price for Belgium ($828 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt (FOB) - 2022

The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $60,598 per ton in 2022, with an increase of 6.5% against the previous year. In general, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 448% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($108,926 per ton), while the average price for exports to the United Arab Emirates ($55,973 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+119.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt

In 2022, purchases abroad of machines and mechanical appliances; parts, of those having individual functionses was finally on the rise to reach 1.9K tons after two years of decline. In general, imports, however, continue to indicate a deep reduction.

In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses skyrocketed to $20M in 2022. Overall, imports, however, recorded a dramatic downturn.

Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.10.40.36.4300.0%
China32.72.22.84.6-48.0%
Germany15.61.31.72.9-42.9%
United States0.30.30.51.363.0%
United Kingdom0.10.2N/A1.1122.4%
South Korea0.30.20.40.838.7%
Italy0.30.71.50.518.6%
Turkey0.10.30.20.226.0%
NetherlandsN/A3.00.1N/A-96.7%
Others0.91.53.62.234.7%
Total50.59.811.120.1-26.4%

Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Egypt in 2022:

  1. India (1320.9 tons)
  2. Germany (118.7 tons)
  3. United Kingdom (102.9 tons)
  4. South Korea (73.6 tons)
  5. United States (50.0 tons)
  6. Italy (45.5 tons)
  7. Turkey (45.4 tons)
  8. China (20.2 tons)
  9. Netherlands (7.6 tons)

Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt

Exports of machines and mechanical appliances; parts, of those having individual functionses from Egypt reduced sharply to 27 tons in 2022, shrinking by -33.9% on the year before. Over the period under review, exports saw a perceptible shrinkage. The growth pace was the most rapid in 2021 when exports increased by 129% against the previous year. As a result, the exports attained the peak of 41 tons, and then dropped rapidly in the following year.

In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses declined remarkably to $1.7M in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 145%. As a result, the exports reached the peak of $2.4M, and then fell sharply in the following year.

Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.662.611.09191052.7%
Democratic Republic of the CongoN/AN/AN/A5020%
United KingdomN/A3311.736.9-66.6%
Saudi Arabia17523.48.932.9-42.7%
RussiaN/A3.6N/A28.2179.9%
BelgiumN/AN/AN/A24.60%
Sudan41.672.427.819.5-22.3%
United Arab Emirates10.999.61,75116.414.6%
Zambia46.3N/AN/AN/A0%
Jordan1950.3N/AN/A-99.8%
TanzaniaN/AN/A60.0N/A0%
Iraq1800.1N/AN/A-99.9%
Bahrain73.52.9189N/A60.4%
Others18236530780.1-23.9%
Total9069612,3571,65922.3%

Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Egypt in 2022:

  1. Germany (15.3 tons)
  2. Democratic Republic of the Congo (8.6 tons)
  3. Saudi Arabia (0.5 tons)
  4. Russia (0.5 tons)
  5. Belgium (0.4 tons)
  6. Sudan (0.3 tons)
  7. United Arab Emirates (0.3 tons)
  8. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform

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