Price for Vehicles; Mobile Drilling Derricks in Egypt - 2022
Contents:
- Price for Vehicles; Mobile Drilling Derricks in Egypt (CIF) - 2022
- Imports of Vehicles; Mobile Drilling Derricks in Egypt
Price for Vehicles; Mobile Drilling Derricks in Egypt (CIF) - 2022
In 2021, the average vehicles; mobile drilling derricks import price amounted to $56,752 per unit, reducing by -75.3% against the previous year. In general, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 550% against the previous year. As a result, import price reached the peak level of $520,284 per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($72,538 per unit), while the price for Kuwait ($3,305 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+20.4%), while the prices for the other major suppliers experienced a decline.
Imports of Vehicles; Mobile Drilling Derricks in Egypt
Vehicles; mobile drilling derricks imports into Egypt contracted remarkably to less than 0.1 units in 2022, falling by 99.9% against 2021. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 250%. As a result, imports reached the peak of 14 units, and then declined notably in the following year.
In value terms, vehicles; mobile drilling derricks imports dropped notably to $66K in 2022. Over the period under review, imports recorded a sharp shrinkage. The smallest decline of -13.7% was in 2021. Imports peaked at $1.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Vehicles; Mobile Drilling Derricks in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | 1,160 | 864 | 725 | -20.9% | |
| United States | N/A | N/A | 32.0 | 0% | |
| Lebanon | N/A | N/A | 20.5 | 0% | |
| Saudi Arabia | N/A | 56.2 | 13.3 | -76.3% | |
| Kuwait | N/A | N/A | 3.3 | 0% | |
| Botswana | 405 | N/A | N/A | 0% | |
| Oman | 18.2 | N/A | N/A | 0% | |
| Australia | 1.7 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1,585 | 920 | 795 | -29.2% | |
Top Suppliers of Vehicles; Mobile Drilling Derricks to Egypt in 2022:
- United Arab Emirates (10.0 units)
- United States (1.0 units)
- Saudi Arabia (1.0 units)
- Lebanon (1.0 units)
- Kuwait (1.0 units)
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