Egypt: Computing Machinery Market 2024

Computing Machinery Market Size in Egypt

The Egyptian computing machinery market fell markedly to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt setback. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Computing Machinery Exports

Exports from Egypt

In 2022, computing machinery exports from Egypt skyrocketed to X units, jumping by X% on the previous year. Over the period under review, exports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, computing machinery exports dropped dramatically to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

The United Arab Emirates (X units), Saudi Arabia (X units) and the Netherlands (X units) were the main destinations of computing machinery exports from Egypt.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United Arab Emirates ($X) and Hong Kong SAR ($X) constituted the largest markets for computing machinery exported from Egypt worldwide, together comprising X% of total exports. Germany, Hungary, Algeria, Saudi Arabia, Turkey, Slovakia, Kenya, Sudan, Malaysia and South Korea lagged somewhat behind, together accounting for a further X%.

Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average computing machinery export price stood at $X per unit in 2021, picking up by X% against the previous year. In general, the export price enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Computing Machinery Imports

Imports into Egypt

In 2022, approx. X units of computing machinery and parts and accessories thereof were imported into Egypt; which is down by X% on the previous year's figure. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, computing machinery imports declined dramatically to $X in 2022. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2021, and then dropped markedly in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of computing machinery to Egypt, with a X% share of total imports. Moreover, computing machinery imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold. Hong Kong SAR (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X), Vietnam ($X) and Germany ($X) were the largest computing machinery suppliers to Egypt, together comprising X% of total imports.

Among the main suppliers, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average computing machinery import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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