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Egypt - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in Egypt - 2023
Contents:
- Thermostat Price in Egypt (CIF) - 2022
- Thermostat Price in Egypt (FOB) - 2022
- Thermostat Imports in Egypt
- Thermostat Exports in Egypt
Thermostat Price in Egypt (CIF) - 2022
In 2022, the average thermostat import price amounted to $1.3 per unit, shrinking by -39.6% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 26%. Over the period under review, average import prices hit record highs at $7.9 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($23 per unit), while the price for Thailand ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.8%), while the prices for the other major suppliers experienced a decline.
Thermostat Price in Egypt (FOB) - 2022
In 2022, the average thermostat export price amounted to $30 per unit, rising by 24% against the previous year. In general, the export price posted a significant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 103% against the previous year. The export price peaked 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 Italy ($108 per unit), while the average price for exports to Kuwait ($17 per unit) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+200.4%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Imports in Egypt
For the fourth consecutive year, Egypt recorded growth in purchases abroad of thermostats, which increased by 40% to 15M units in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, thermostat imports fell remarkably to $19M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. As a result, imports attained the peak of $23M, and then fell rapidly in the following year.
Import of Thermostat in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.0 | 3.1 | 3.7 | 4.4 | 3.2% |
Italy | 4.3 | 4.7 | 5.4 | 3.9 | -3.2% |
Thailand | 1.0 | 0.9 | 1.0 | 1.5 | 14.5% |
Slovakia | 0.6 | 0.5 | 0.8 | 0.7 | 5.3% |
Others | 4.4 | 7.5 | 12.2 | 9.0 | 26.9% |
Total | 14.3 | 16.6 | 23.0 | 19.5 | 10.9% |
Top Suppliers of Thermostat to Egypt in 2022:
- China (6.5M units)
- Thailand (4.6M units)
- Italy (2.0M units)
- Slovakia (0.4M units)
Thermostat Exports in Egypt
After three years of growth, shipments abroad of thermostats decreased by -21.9% to 6K units in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,641%. The exports peaked at 7.6K units in 2021, and then reduced sharply in the following year.
In value terms, thermostat exports declined modestly to $179K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,970% against the previous year. The exports peaked at $185K in 2021, and then reduced modestly in the following year.
Export of Thermostat in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | 0.2 | 25.0 | 39.1 | 85.9 | 654.5% |
United Arab Emirates | N/A | N/A | 0.5 | 57.0 | 11300.0% |
Italy | 0.1 | 0.8 | 2.8 | 12.0 | 393.2% |
South Africa | N/A | 0.1 | 2.8 | 9.0 | 848.7% |
Oman | N/A | 2.8 | N/A | 2.4 | -7.4% |
Pakistan | 0.7 | 40.0 | 61.6 | N/A | 838.1% |
United Kingdom | 1.3 | 0.1 | 11.9 | N/A | 202.6% |
Saudi Arabia | 2.2 | 36.8 | 16.6 | N/A | 174.7% |
Turkey | 0.6 | 13.5 | 15.7 | N/A | 411.5% |
Ukraine | 0.2 | 3.4 | 4.5 | N/A | 374.3% |
Others | 1.9 | 26.1 | 29.4 | 13.1 | 90.3% |
Total | 7.2 | 149 | 185 | 179 | 191.9% |
Top Export Markets for Thermostat from Egypt in 2022:
- Kuwait (4979.0 units)
- United Arab Emirates (638.0 units)
- Italy (112.0 units)
- South Africa (102.0 units)
- Oman (28.0 units)
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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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