Egypt - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Egypt - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Ride-On Compaction Equipment Price in Egypt - 2023

Contents:

  1. Ride-On Compaction Equipment Price in Egypt (CIF) - 2023
  2. Ride-On Compaction Equipment Price in Egypt (FOB) - 2022
  3. Ride-On Compaction Equipment Imports in Egypt
  4. Ride-On Compaction Equipment Exports in Egypt

Ride-On Compaction Equipment Price in Egypt (CIF) - 2023

In June 2023, the average ride-on compaction equipment import price amounted to $43,857 per unit, with a decrease of -2.1% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 8.1% month-to-month. The import price peaked at $44,782 per unit in May 2023, and then declined in the following month.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were the United States ($43,904 per unit) and Belgium ($43,860 per unit), while the price for China ($43,845 per unit) and Germany ($43,854 per unit) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Ride-On Compaction Equipment Price in Egypt (FOB) - 2022

In 2022, the average ride-on compaction equipment export price amounted to $14,759 per unit, with an increase of 25% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices hit record highs at $41,791 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($37,923 per unit), while the average price for exports to Oman ($1,316 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 Uganda (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.

Ride-On Compaction Equipment Imports in Egypt

In 2022, ride-on compaction equipment imports into Egypt declined to 519 units, shrinking by -10.1% on 2021. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of 577 units, and then declined in the following year.

In value terms, ride-on compaction equipment imports shrank slightly to $21M in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 96% against the previous year. As a result, imports attained the peak of $21M, and then dropped in the following year.

Import of Ride-On Compaction Equipment in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.44.68.36.466.0%
Sweden0.51.13.65.7125.1%
United States1.21.43.62.222.4%
IndiaN/A0.21.22.0216.2%
China0.40.60.31.762.0%
Belgium0.50.60.91.130.1%
Italy0.20.40.70.314.5%
Czech Republic0.2N/A0.60.314.5%
JapanN/A0.10.10.10.0%
Others1.51.82.11.1-9.8%
Total6.010.921.320.951.6%

Top Suppliers of Ride-On Compaction Equipment to Egypt in 2022:

  1. Germany (143.0 units)
  2. Sweden (127.0 units)
  3. United States (49.0 units)
  4. India (45.0 units)
  5. China (39.0 units)
  6. Belgium (24.0 units)
  7. Italy (16.0 units)
  8. Czech Republic (14.0 units)
  9. Japan (7.0 units)

Ride-On Compaction Equipment Exports in Egypt

For the third consecutive year, Egypt recorded decline in overseas shipments of ride-on compaction equipment, which decreased by 0% to 3 units in 2022. In general, exports showed a precipitous decrease. The smallest decline of -25% was in 2021. Over the period under review, the exports attained the maximum at 7 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, ride-on compaction equipment exports skyrocketed to $44K in 2022. Overall, exports recorded a dramatic curtailment. The exports peaked at $169K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Ride-On Compaction Equipment in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria69.033.030.737.9-18.1%
Uganda6.23.43.65.0-6.9%
Oman3.81.61.21.3-30.1%
Cyprus3.9N/AN/AN/A0%
BurundiN/A15.1N/AN/A0%
Senegal85.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total16953.135.544.3-36.0%

Top Export Markets for Ride-On Compaction Equipment from Egypt in 2022:

  1. Oman (1.0 units)
  2. Nigeria (1.0 units)
  3. Uganda (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ride-on compaction equipment 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 28922400 - Ride-on compaction equipment and the like

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
  • Find deeper insights into current market developments
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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