Egypt - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMotor Vehicle Engine Price in Egypt - 2023
Contents:
- Motor Vehicle Engine Price in Egypt (CIF) - 2023
- Motor Vehicle Engine Price in Egypt (FOB) - 2022
- Motor Vehicle Engine Imports in Egypt
- Motor Vehicle Engine Exports in Egypt
Motor Vehicle Engine Price in Egypt (CIF) - 2023
The average motor vehicle engine import price stood at $2,612 per unit in June 2023, with an increase of 6.4% against the previous month. In general, the import price continues to indicate tangible growth. The growth pace was the most rapid in October 2022 when the average import price increased by 190% against the previous month. The import price peaked in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Poland ($2,632 per unit), while the price for India ($1,734 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Engine Price in Egypt (FOB) - 2022
The average motor vehicle engine export price stood at $7.6 per unit in 2022, dropping by -14.1% against the previous year. In general, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 111% against the previous year. The export price peaked at $67 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($75 per unit), while the average price for exports to Malaysia ($3.1 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 Nigeria (+16.8%), while the prices for the other major destinations experienced a decline.
Motor Vehicle Engine Imports in Egypt
In 2022, supplies from abroad of motor vehicle engines (spark-ignition) decreased by -56.3% to 2.8M units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2020 when imports increased by 21% against the previous year. As a result, imports attained the peak of 8.3M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, motor vehicle engine imports shrank sharply to $52M in 2022. Over the period under review, imports showed a sharp downturn. The pace of growth was the most pronounced in 2020 with an increase of 5.5% against the previous year. As a result, imports reached the peak of $113M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Motor Vehicle Engine in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.7 | 52.5 | 37.8 | 9.4 | -35.9% |
| Germany | 17.4 | 10.4 | 4.4 | 8.8 | -20.3% |
| United Arab Emirates | 7.3 | 6.9 | 7.4 | 6.3 | -4.8% |
| South Korea | 6.7 | 5.7 | 4.4 | 4.6 | -11.8% |
| United States | 4.5 | 3.3 | 2.5 | 2.8 | -14.6% |
| Japan | 3.1 | 3.2 | 2.0 | 2.3 | -9.5% |
| Australia | 3.0 | 3.0 | 2.1 | 2.2 | -9.8% |
| India | 7.7 | 11.4 | 7.4 | 1.8 | -38.4% |
| Singapore | 2.9 | 2.0 | 1.0 | 1.6 | -18.0% |
| Spain | 2.3 | 1.7 | 1.7 | 1.6 | -11.4% |
| Taiwan (Chinese) | 2.4 | 1.8 | 1.3 | 1.5 | -14.5% |
| Italy | 1.7 | 1.3 | 0.9 | 1.1 | -13.5% |
| United Kingdom | 1.2 | 1.5 | 0.6 | 0.9 | -9.1% |
| Others | 11.5 | 8.7 | 18.6 | 7.3 | -14.1% |
| Total | 107 | 113 | 92.1 | 52.1 | -21.3% |
Top Suppliers of Motor Vehicle Engine to Egypt in 2022:
- China (849.7K units)
- Germany (406.5K units)
- United Arab Emirates (264.8K units)
- South Korea (207.6K units)
- United States (129.0K units)
- Japan (101.7K units)
- Australia (98.2K units)
- Singapore (73.3K units)
- Spain (70.4K units)
- Taiwan (Chinese) (68.0K units)
- India (59.7K units)
- Italy (48.5K units)
- United Kingdom (42.2K units)
Motor Vehicle Engine Exports in Egypt
In 2022, approx. 18K units of motor vehicle engines (spark-ignition) were exported from Egypt; waning by -18.4% against 2021. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 640% against the previous year. As a result, the exports attained the peak of 22K units, and then fell remarkably in the following year.
In value terms, motor vehicle engine exports declined sharply to $134K in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 149% against the previous year. As a result, the exports attained the peak of $191K, and then shrank notably in the following year.
| Export of Motor Vehicle Engine in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 7.9 | 21.5 | 131 | 80.8 | 117.1% |
| Sudan | 52.0 | 31.0 | 37.8 | 44.6 | -5.0% |
| Malaysia | 0.1 | 2.4 | 12.2 | 6.4 | 300.0% |
| Germany | 4.9 | 0.1 | 0.5 | 0.2 | -65.6% |
| United Kingdom | N/A | N/A | 6.5 | N/A | 0% |
| Others | 0.8 | 21.9 | 3.6 | 2.2 | 40.1% |
| Total | 65.6 | 76.9 | 191 | 134 | 26.9% |
Top Export Markets for Motor Vehicle Engine from Egypt in 2022:
- Sudan (13.7K units)
- Malaysia (2.1K units)
- Nigeria (1.1K units)
- Germany (0.3K units)
This report provides an in-depth analysis of the motor vehicle engine 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 29101100 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity . 1 .000 cm.
- Prodcom 29101200 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity > 1 .000 cm.
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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