Price for Electric Motors; AC Motors, Single-Phase in Egypt - 2023

Contents:

  1. Price for Electric Motors; AC Motors, Single-Phase in Egypt (CIF) - 2022
  2. Price for Electric Motors; AC Motors, Single-Phase in Egypt (FOB) - 2022
  3. Imports of Electric Motors; AC Motors, Single-Phase in Egypt
  4. Exports of Electric Motors; AC Motors, Single-Phase in Egypt

Price for Electric Motors; AC Motors, Single-Phase in Egypt (CIF) - 2022

The average import price for electric motors; AC motors, single-phases stood at $56 per unit in 2022, surging by 8.7% against the previous year. Overall, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 221%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($56 per unit), while the price for Italy amounted to $56 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.3%).

Price for Electric Motors; AC Motors, Single-Phase in Egypt (FOB) - 2022

In 2022, the average export price for electric motors; AC motors, single-phases amounted to $72 per unit, surging by 2.5% against the previous year. In general, the export price enjoyed a modest increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 20,297% against the previous year. Over the period under review, the average export prices hit record highs at $79 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($72 per unit) and Sudan ($72 per unit), while the average price for exports to Belgium ($70 per unit) and Italy ($71 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+144.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors; AC Motors, Single-Phase in Egypt

After two years of decline, overseas purchases of electric motors; AC motors, single-phases increased by 7.3% to 875K units in 2022. Over the period under review, imports, however, continue to indicate a precipitous descent. Imports peaked at 5.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, electric motors; AC motors, single-phase imports surged to $49M in 2022. In general, imports, however, showed a drastic downturn. Imports peaked at $58M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electric Motors; AC Motors, Single-Phase in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43.931.425.838.6-4.2%
Italy5.03.94.16.48.6%
India1.00.30.50.6-15.7%
Others7.96.211.53.4-24.5%
Total57.741.841.948.9-5.4%

Top Suppliers of Electric Motors; AC Motors, Single-Phase to Egypt in 2022:

  1. China (691.5K units)
  2. Italy (113.7K units)
  3. India (10.5K units)

Exports of Electric Motors; AC Motors, Single-Phase in Egypt

In 2022, overseas shipments of electric motors; AC motors, single-phases decreased by -93.6% to 101 units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 181% against the previous year. As a result, the exports reached the peak of 9.8K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electric motors; AC motors, single-phase exports contracted notably to $7.2K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 57,217%. As a result, the exports reached the peak of $313K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Electric Motors; AC Motors, Single-Phase in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/A0.13.43300.0%
ItalyN/A17.3N/A1.8-67.7%
SudanN/AN/AN/A1.60%
BelgiumN/AN/AN/A0.40%
ChinaN/A2580.1N/A-100.0%
GermanyN/A22.32.5N/A-88.8%
Libya0.5N/AN/AN/A0%
TurkeyN/A15.6108N/A592.3%
OthersN/AN/A0.5N/A0%
Total0.53131117.2143.3%

Top Export Markets for Electric Motors; AC Motors, Single-Phase from Egypt in 2022:

  1. France (47.0 units)
  2. Italy (25.0 units)
  3. Sudan (23.0 units)
  4. Belgium (6.0 units)

Source: IndexBox Market Intelligence Platform

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