Report Update: May 1, 2024

Egypt - Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Remote Control Apparatus Price in Egypt - 2023

Remote Control Apparatus Price in Egypt (CIF) - 2022

In 2022, the average remote control apparatus import price amounted to $14 per unit, approximately equating the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 14%. Over the period under review, average import prices reached the maximum at $15 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($14 per unit) and the United States ($14 per unit), while the price for Germany ($14 per unit) and the Netherlands ($14 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Remote Control Apparatus Price in Egypt (FOB) - 2022

The average remote control apparatus export price stood at $22 per unit in 2022, almost unchanged from the previous year. Overall, the export price continues to indicate a strong expansion. The growth pace was the most rapid in 2014 an increase of 62%. The export price peaked at $22 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($32 per unit), while the average price for exports to Australia ($14 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 Australia (+3.4%), while the prices for the other major destinations experienced a decline.

Remote Control Apparatus Imports in Egypt

In 2022, approx. 16K units of radio remote control apparatus were imported into Egypt; which is down by -69.9% against 2021. In general, imports showed a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 202% against the previous year. Over the period under review, imports attained the peak figure at 111K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, remote control apparatus imports reduced markedly to $224K in 2022. Overall, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 204% against the previous year. Over the period under review, imports hit record highs at $1.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Remote Control Apparatus in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	35.3	11.9	89.5	71.1	26.3%
Norway	0.6	N/A	N/A	33.9	283.7%
Tunisia	87.7	31.7	50.1	31.3	-29.1%
United States	24.5	1.7	5.7	28.2	4.8%
Netherlands	N/A	N/A	33.4	20.4	-38.9%
Germany	367	10.4	20.6	20.4	-61.8%
China	106	3.8	78.5	11.9	-51.8%
Mexico	N/A	N/A	25.4	0.9	-96.5%
Denmark	37.6	N/A	N/A	N/A	0%
Spain	69.8	0.4	N/A	N/A	-99.4%
United Arab Emirates	22.9	35.3	10.1	N/A	-33.6%
Taiwan (Chinese)	19.4	19.2	28.6	N/A	21.4%
Others	856	134	414	6.4	-80.4%
Total	1,627	249	756	224	-48.4%

Top Suppliers of Remote Control Apparatus to Egypt in 2022:

Italy (5.2K units)
Norway (2.5K units)
Tunisia (2.3K units)
United States (2.1K units)
Netherlands (1.5K units)
Germany (1.5K units)
China (0.9K units)
Mexico (0.1K units)

Remote Control Apparatus Exports in Egypt

In 2022, the amount of radio remote control apparatus exported from Egypt shrank sharply to 137K units, waning by -17.4% compared with 2021 figures. Overall, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, the exports attained the peak of 165K units, and then shrank notably in the following year.

In value terms, remote control apparatus exports reduced markedly to $3M in 2022. Over the period under review, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $3.6M, and then fell sharply in the following year.

Export of Remote Control Apparatus in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malta	261	250	454	543	27.7%
United States	118	192	322	218	22.7%
China	43.2	154	194	114	38.2%
Norway	16.5	23.6	36.8	24.1	13.5%
Australia	3.8	28.2	40.6	23.1	82.5%
South Africa	2.2	5.9	7.7	13.7	84.0%
Canada	216	151	129	12.4	-61.4%
South Korea	131	14.5	28.9	N/A	-53.0%
France	130	N/A	N/A	N/A	0%
United Arab Emirates	45.3	111	77.6	N/A	30.9%
Others	1,712	1,473	2,330	2,064	6.4%
Total	2,678	2,404	3,621	3,012	4.0%

Top Export Markets for Remote Control Apparatus from Egypt in 2022:

Malta (21.7K units)
United States (15.6K units)
China (4.0K units)
Australia (1.7K units)
South Africa (1.0K units)
Canada (0.9K units)
Norway (0.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the remote control apparatus 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 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)

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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023