Seals; Mechanical Price in Egypt - 2023
Contents:
- Seals; Mechanical Price in Egypt (CIF) - 2022
- Seals; Mechanical Price in Egypt (FOB) - 2022
- Seals; Mechanical Imports in Egypt
- Seals; Mechanical Exports in Egypt
Seals; Mechanical Price in Egypt (CIF) - 2022
The average seals; mechanical import price stood at $0.7 per unit in 2022, shrinking by -50.3% against the previous year. In general, the import price saw a noticeable setback. The growth pace was the most rapid in 2021 when the average import price increased by 123% against the previous year. As a result, import price reached the peak level of $1.5 per unit, and then shrank sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($6.5 per unit), while the price for China ($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 (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Seals; Mechanical Price in Egypt (FOB) - 2022
The average seals; mechanical export price stood at $10 per unit in 2022, rising by 3.7% against the previous year. In general, the export price showed a strong expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 50%. Over the period under review, the average export prices attained the peak figure at $12 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($21 per unit), while the average price for exports to Greece ($0.5 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 Belgium (+82.4%), while the prices for the other major destinations experienced more modest paces of growth.
Seals; Mechanical Imports in Egypt
In 2022, supplies from abroad of seals; mechanicals was finally on the rise to reach 8.3M units after two years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at 8.6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, seals; mechanical imports totaled $6.2M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
Import of Seals; Mechanical in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 645 | 736 | 342 | 945 | 13.6% |
Germany | 869 | 312 | 815 | 897 | 1.1% |
India | 78.4 | 52.1 | 133 | 637 | 101.0% |
Taiwan (Chinese) | 379 | 180 | 196 | 456 | 6.4% |
Thailand | 195 | 202 | 192 | 369 | 23.7% |
Others | 2,979 | 2,931 | 4,338 | 2,914 | -0.7% |
Total | 5,145 | 4,413 | 6,016 | 6,219 | 6.5% |
Top Suppliers of Seals; Mechanical to Egypt in 2022:
- China (6.5M units)
- Germany (0.6M units)
- Taiwan (Chinese) (0.3M units)
- India (0.3M units)
- Thailand (0.1M units)
Seals; Mechanical Exports in Egypt
In 2022, seals; mechanical exports from Egypt contracted markedly to 9.5K units, shrinking by -27.5% compared with the previous year. Overall, exports recorded a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 105%. Over the period under review, the exports attained the maximum at 45K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, seals; mechanical exports dropped remarkably to $98K in 2022. Over the period under review, exports saw a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 99%. The exports peaked at $550K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Seals; Mechanical in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 40.5 | 14.5 | 39.4 | 45.5 | 4.0% |
France | N/A | 0.1 | 12.3 | 1.2 | 246.4% |
Greece | N/A | N/A | N/A | 0.6 | 0% |
United States | N/A | N/A | N/A | 0.4 | 0% |
India | N/A | 0.8 | N/A | 0.1 | -64.6% |
South Korea | N/A | 15.0 | N/A | N/A | 0% |
Nigeria | 2.7 | 0.7 | 0.2 | N/A | -72.8% |
Switzerland | 23.9 | N/A | N/A | N/A | 0% |
Congo | 23.1 | N/A | N/A | N/A | 0% |
Oman | 18.2 | N/A | N/A | N/A | 0% |
Czech Republic | 6.6 | 1.7 | N/A | N/A | -74.2% |
Bahrain | N/A | 0.3 | N/A | N/A | 0% |
Others | 435 | 32.2 | 78.1 | 49.9 | -51.4% |
Total | 550 | 65.4 | 130 | 97.7 | -43.8% |
Top Export Markets for Seals; Mechanical from Egypt in 2022:
- Switzerland (undefinedK units)
- Germany (2.9K units)
- Greece (1.2K units)
- France (0.6K units)
- India (0.2K units)
- United States (0.1K units)
This report provides an in-depth analysis of the gasket market in Egypt.
Global Gasket Market Report 2018. This report provides an in-depth analysis of the global gasket market.
This report provides an in-depth analysis of the gasket market in Egypt.
Global Gasket Market Report 2018. This report provides an in-depth analysis of the global gasket market.
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