Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Egypt - 2022

Contents:

  1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Egypt (CIF) - 2022
  2. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Egypt

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Egypt (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $28,796 per unit in 2022, reducing by -72.7% against the previous year. In general, the import price recorded a slight setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 406%. As a result, import price reached the peak level of $105,317 per unit, and then reduced rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($28,937 per unit), while the price for Turkey amounted to $6,688 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.1%), while the prices for the other major suppliers experienced a decline.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Egypt

In 2022, supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses was finally on the rise to reach 77 units after two years of decline. In general, imports, however, continue to indicate a sharp contraction. Over the period under review, imports of attained the maximum at 493 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses dropped markedly to $2.2M in 2022. Overall, imports, however, recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 328% against the previous year. Over the period under review, imports of reached the peak figure at $7.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.00.50.41.8-33.1%
TurkeyN/AN/AN/A0.10%
Others1.30.64.20.3-38.7%
Total7.31.14.62.2-33.0%

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Egypt in 2022:

  1. China (62.0 units)
  2. Turkey (12.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Casting machines; of a kind used in metallurgy or in metal foundries - Egypt