Egypt: Market for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024

Market Size for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Egypt

The Egyptian market for belt type continuous-action elevators and conveyors for goods or materials contracted markedly to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a deep contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Exports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports from Egypt

Exports of belt type continuous-action elevators and conveyors for goods or materials from Egypt declined notably to X units in 2022, falling by X% against the previous year's figure. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then fell notably in the following year.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials reduced rapidly to $X in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then dropped sharply in the following year.

Exports by Country

Pakistan (X units), Sudan (X units) and Saudi Arabia (X units) were the main destinations of exports of belt type continuous-action elevators and conveyors for goods or materials from Egypt, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Sudan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for belt type continuous-action elevator and conveyor exported from Egypt were Sudan ($X), Pakistan ($X) and Saudi Arabia ($X), together comprising X% of total exports.

Sudan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for belt type continuous-action elevators and conveyors for goods or materials stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw a moderate expansion. The growth pace was the most rapid in 2017 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per unit), while the average price for exports to Italy ($X 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 Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports into Egypt

In 2022, the amount of belt type continuous-action elevators and conveyors for goods or materials imported into Egypt contracted notably to X units, waning by X% on the previous year's figure. Overall, imports showed a deep downturn. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials shrank markedly to $X in 2022. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Malaysia (X units), China (X units) and Germany (X units) were the main suppliers of imports of belt type continuous-action elevators and conveyors for goods or materials to Egypt, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Malaysia ($X), China ($X) and Germany ($X) were the largest belt type continuous-action elevator and conveyor suppliers to Egypt, together comprising X% of total imports.

Among the main suppliers, Malaysia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for belt type continuous-action elevators and conveyors for goods or materials stood at $X per unit in 2022, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit, and then fell modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($X per unit) and Turkey ($X per unit), while the price for Spain ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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