Egypt: Special Vehicle Body Market 2024

Special Vehicle Body Market Size in Egypt

The Egyptian special vehicle body market fell to $X in 2022, declining by X% against the previous year. Over the period under review, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Special vehicle body consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Special Vehicle Body Production in Egypt

In value terms, special vehicle body production fell modestly to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Special Vehicle Body Exports

Exports from Egypt

In 2022, the amount of bodies for special purpose motor vehicles exported from Egypt reduced rapidly to X units, which is down by X% against the year before. Overall, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, special vehicle body exports dropped dramatically to $X in 2022. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X units) was the main destination for special vehicle body exports from Egypt, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cote d'Ivoire stood at X%.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for bodies for special purpose motor vehicles exports from Egypt.

From 2012 to 2022, the average annual rate of growth in terms of value to Cote d'Ivoire amounted to X%.

Export Prices by Country

The average special vehicle body export price stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price, however, continues to indicate tangible growth. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then dropped rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to X% per year.

Special Vehicle Body Imports

Imports into Egypt

In 2022, overseas purchases of bodies for special purpose motor vehicles were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, special vehicle body imports rose to $X in 2022. Overall, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X units), Germany (X units) and the United Arab Emirates (X units) were the main suppliers of special vehicle body imports to Egypt, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest special vehicle body suppliers to Egypt were the United States ($X), Germany ($X) and the United Arab Emirates ($X), together comprising X% of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded 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

In 2022, the average special vehicle body import price amounted to $X per unit, standing approx. at the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, special vehicle body import price increased by X% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per unit) and Kuwait ($X per unit), while the price for China ($X per unit) and Croatia ($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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