Price for Milking Machines and Dairy Machinery in Egypt - 2023
Contents:
- Price for Milking Machines and Dairy Machinery in Egypt (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in Egypt (FOB) - 2022
- Imports of Milking Machines and Dairy Machinery in Egypt
- Exports of Milking Machines and Dairy Machinery in Egypt
Price for Milking Machines and Dairy Machinery in Egypt (CIF) - 2022
The average import price for milking machines and dairy machineries stood at $6,246 per unit in 2022, shrinking by -2.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2018 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $6,383 per unit in 2021, and then fell modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($6,650 per unit) and Germany ($6,227 per unit), while the price for France ($6,126 per unit) and Denmark ($6,136 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in Egypt (FOB) - 2022
The average export price for milking machines and dairy machineries stood at $6,129 per unit in 2022, dropping by -14.9% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milking machines and dairy machinery export price decreased by -16.6% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 58% against the previous year. Over the period under review, the average export prices reached the maximum at $7,349 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($6,129 per unit), while the average price for exports to Oman ($6,129 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 the United Arab Emirates (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Milking Machines and Dairy Machinery in Egypt
After two years of decline, supplies from abroad of milking machines and dairy machineries increased by 32% to 584 units in 2022. In general, imports, however, recorded a abrupt setback. Over the period under review, imports attained the maximum at 1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, milking machines and dairy machinery imports soared to $3.6M in 2022. Over the period under review, imports, however, showed a deep downturn. Over the period under review, imports reached the maximum at $5.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Milking Machines and Dairy Machinery in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 75.1 | 195 | 99.2 | 1,293 | 158.2% |
Germany | 847 | 810 | 730 | 533 | -14.3% |
Turkey | 471 | 740 | 360 | 491 | 1.4% |
Italy | 1,056 | 813 | 113 | 453 | -24.6% |
Denmark | 376 | 23.7 | 14.0 | 178 | -22.1% |
Netherlands | 149 | 121 | 83.1 | 110 | -9.6% |
France | 6.5 | 134 | N/A | 76.8 | 127.8% |
China | 697 | 133 | 30.6 | 76.4 | -52.1% |
United Kingdom | 298 | 819 | 41.0 | 4.7 | -74.9% |
India | N/A | 275 | N/A | N/A | 0% |
Others | 1,147 | 467 | 1,357 | 431 | -27.8% |
Total | 5,122 | 4,530 | 2,828 | 3,647 | -10.7% |
Top Suppliers of Milking Machines and Dairy Machinery to Egypt in 2022:
- Sweden (210.0 units)
- Germany (86.0 units)
- Turkey (79.0 units)
- Italy (74.0 units)
- Denmark (29.0 units)
- Netherlands (18.0 units)
- France (13.0 units)
- China (12.0 units)
- United Kingdom (1.0 units)
Exports of Milking Machines and Dairy Machinery in Egypt
For the fourth year in a row, Egypt recorded growth in overseas shipments of milking machines and dairy machineries, which increased by 618% to 122 units in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, milking machines and dairy machinery exports soared to $749K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Milking Machines and Dairy Machinery in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | N/A | N/A | N/A | 661 | 0% |
United Kingdom | N/A | N/A | N/A | 86.3 | 0% |
Oman | 16.5 | N/A | N/A | 1.0 | -60.7% |
United Arab Emirates | N/A | 33.5 | N/A | N/A | 0% |
Italy | 0.6 | 11.8 | 122 | N/A | 1325.9% |
Others | N/A | 37.3 | N/A | 1.6 | -79.3% |
Total | 17.1 | 82.6 | 122 | 749 | 252.5% |
Top Export Markets for Milking Machines and Dairy Machinery from Egypt in 2022:
- Saudi Arabia (108.0 units)
- United Kingdom (14.0 units)
This report provides an in-depth analysis of the milking machine market in Egypt.
This report provides an in-depth analysis of the dairy machinery market in Egypt.
This report provides an in-depth analysis of the global milking machine market.
This report provides an in-depth analysis of the global dairy machinery market.
This report provides an in-depth analysis of the milking machine market in Egypt.
This report provides an in-depth analysis of the dairy machinery market in Egypt.
This report provides an in-depth analysis of the global milking machine market.
This report provides an in-depth analysis of the global dairy machinery market.
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