Egypt: Shaft Coupling Market 2024

Shaft Coupling Market Size in Egypt

The Egyptian shaft coupling market shrank to $X in 2022, which is down by 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). Over the period under review, consumption continues to indicate a abrupt descent. Shaft coupling consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Shaft Coupling Exports

Exports from Egypt

Shaft coupling exports from Egypt dropped significantly to X kg in 2022, with a decrease of X% compared with the year before. Overall, exports showed a sharp decline. The smallest decline of X% was in 2021. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, shaft coupling exports fell notably to $X in 2022. Over the period under review, exports faced a sharp contraction. The smallest decline of X% was in 2021. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X kg), the United Arab Emirates (X kg) and France (X kg) were the main destinations of shaft coupling exports from Egypt. Moreover, shaft coupling exports in Germany exceeded the figures recorded by the second-largest exporter, the United Arab Emirates, twofold.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Germany ($X) remains the key foreign market for clutches and shaft couplings exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and France (X% per year).

Export Prices by Country

The average shaft coupling export price stood at $X per ton in 2022, waning by X% against the previous year. Over the last two-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced a decline.

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Shaft Coupling Imports

Imports into Egypt

In 2022, overseas purchases of clutches and shaft couplings decreased by X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, shaft coupling imports fell to $X in 2022. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of shaft coupling imports to Egypt, together accounting for X% of total imports. Turkey, South Korea, the United States, the UK, India, Japan, France and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

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

In value terms, China ($X), Germany ($X) and Italy ($X) appeared to be the largest shaft coupling suppliers to Egypt, with a combined X% share of total imports. Turkey, South Korea, the United States, the UK, India, Japan, France and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 shaft coupling import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price showed a mild decline. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a 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 ($X per ton) and Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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