Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Egypt - 2023

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Egypt (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Egypt

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Egypt (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $2,270 per unit in 2022, increasing by 11% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 60%. As a result, import price attained the peak level of $2,388 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($2,290 per unit) and Jordan ($2,274 per unit), while the price for Germany ($2,203 per unit) and China ($2,218 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Egypt

In 2022, the amount of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses imported into Egypt contracted rapidly to 73 units, shrinking by -68.1% compared with 2021 figures. Over the period under review, imports faced a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 125%. As a result, imports reached the peak of 229 units, and then dropped notably in the following year.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses shrank markedly to $166K in 2022. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 215%. As a result, imports reached the peak of $469K, and then fell remarkably in the following year.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.2N/A166117276.1%
Germany10524.459.822.0-40.6%
China46.651.418.115.5-30.7%
JordanN/AN/AN/A11.40%
India53.152.133.0N/A-21.2%
TurkeyN/AN/A84.8N/A0%
Others1.721.0107N/A693.4%
Total208149469166-7.2%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Egypt in 2022:

  1. Italy (51.0 units)
  2. Germany (10.0 units)
  3. China (7.0 units)
  4. Jordan (5.0 units)

Source: IndexBox Market Intelligence Platform

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