Egypt - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Industrial Furnace Price in Egypt - 2023
Contents:
- Non-Electric Industrial Furnace Price in Egypt (CIF) - 2022
- Non-Electric Industrial Furnace Price in Egypt (FOB) - 2022
- Non-Electric Industrial Furnace Imports in Egypt
- Non-Electric Industrial Furnace Exports in Egypt
Non-Electric Industrial Furnace Price in Egypt (CIF) - 2022
The average non-electric industrial furnace import price stood at $760 per unit in 2022, surging by 6.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 31%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($760 per unit) and Germany ($760 per unit), while the price for China ($760 per unit) and India ($760 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Industrial Furnace Price in Egypt (FOB) - 2022
The average non-electric industrial furnace export price stood at $252 per unit in 2022, reducing by -39.5% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 63% against the previous year. The export price peaked at $1,146 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Oman.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -7.7% per year.
Non-Electric Industrial Furnace Imports in Egypt
In 2022, after two years of decline, there was significant growth in supplies from abroad of non-electric industrial or laboratory furnaces and ovens, when their volume increased by 60% to 19K units. Overall, imports, however, saw a abrupt descent. Over the period under review, imports reached the peak figure at 23K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, non-electric industrial furnace imports soared to $15M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Non-Electric Industrial Furnace in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.9 | 1.0 | 1.7 | 5.6 | -1.7% |
| Italy | 0.3 | 1.8 | 0.8 | 4.1 | 139.1% |
| India | N/A | 0.1 | N/A | 2.2 | 369.0% |
| Germany | 0.5 | 0.4 | 0.7 | 2.2 | 63.9% |
| Turkey | 0.2 | 0.3 | 0.1 | 0.1 | -20.6% |
| France | 0.3 | 0.4 | 0.3 | N/A | 0.0% |
| Mexico | 0.9 | 1.3 | 1.2 | N/A | 15.5% |
| Romania | 3.3 | 6.4 | 1.7 | N/A | -28.2% |
| Others | 0.5 | 1.4 | 2.1 | 0.3 | -15.7% |
| Total | 11.9 | 12.9 | 8.5 | 14.5 | 6.8% |
Top Suppliers of Non-Electric Industrial Furnace to Egypt in 2022:
- China (7.4K units)
- Italy (5.4K units)
- India (2.9K units)
- Germany (2.9K units)
- Turkey (0.1K units)
Non-Electric Industrial Furnace Exports in Egypt
For the third consecutive year, Egypt recorded decline in overseas shipments of non-electric industrial or laboratory furnaces and ovens, which decreased by -97.6% to 6 units in 2022. In general, exports showed a sharp slump. The smallest decline of -69% was in 2021. The exports peaked at 6.7K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-electric industrial furnace exports declined sharply to $1.4K in 2022. Over the period under review, exports faced a dramatic downturn. The smallest decline of -66.6% was in 2021. The exports peaked at $2.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Non-Electric Industrial Furnace in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 3.6 | 0.6 | 0.2 | 1.4 | -27.0% |
| Kuwait | 62.3 | 4.1 | 1.0 | N/A | -87.3% |
| Ethiopia | 30.4 | N/A | N/A | N/A | 0% |
| United States | 1,018 | 175 | 23.9 | N/A | -84.7% |
| Yemen | 90.6 | 13.3 | 3.9 | N/A | -79.3% |
| Saudi Arabia | 100 | 2.0 | 3.3 | N/A | -81.8% |
| Canada | 579 | 87.6 | 26.4 | N/A | -78.6% |
| Turkey | 21.2 | 2.1 | 0.4 | N/A | -86.3% |
| Others | 193 | 30.6 | 46.4 | N/A | -51.0% |
| Total | 2,097 | 316 | 106 | 1.4 | -91.3% |
Top Export Markets for Non-Electric Industrial Furnace from Egypt in 2022:
- Oman (6.0 units)
This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)
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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