Egypt: Electrical Circuit Apparatus Market 2024

Electrical Circuit Apparatus Market Size in Egypt

The Egyptian electrical circuit apparatus market shrank rapidly to $X in 2021, reducing 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). Overall, consumption recorded a slight curtailment. Electrical circuit apparatus consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Electrical Circuit Apparatus Exports

Exports from Egypt

In 2021, electrical circuit apparatus exports from Egypt amounted to X units, picking up by X% compared with 2020 figures. The total export volume increased at an average annual rate of X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, electrical circuit apparatus exports soared to $X in 2021. Overall, exports enjoyed a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X units) was the main destination for electrical circuit apparatus exports from Egypt, accounting for a X% share of total exports. Moreover, electrical circuit apparatus exports to France exceeded the volume sent to the second major destination, the UK (X units), more than tenfold. The third position in this ranking was taken by Pakistan (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Pakistan (X% per year).

In value terms, France ($X) remains the key foreign market for electrical apparatus for circuit connection, switching and protection exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Malta, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Malta (X% per year).

Export Prices by Country

The average electrical circuit apparatus export price stood at $X per unit in 2021, surging by X% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Morocco ($X per unit) was amongst the lowest.

From 2012 to 2021, 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.

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Electrical Circuit Apparatus Imports

Imports into Egypt

In 2021, purchases abroad of electrical apparatus for circuit connection, switching and protection decreased by X% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, electrical circuit apparatus imports fell significantly to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electrical circuit apparatus to Egypt, with a X% share of total imports. Moreover, electrical circuit apparatus imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), eightfold. Italy (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

In value terms, the largest electrical circuit apparatus suppliers to Egypt were China ($X), Italy ($X) and Germany ($X), together accounting for X% of total imports. Spain, Turkey, France, South Korea and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to 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 2021, the average electrical circuit apparatus import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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