Egypt: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Egypt

The Egyptian industrial sewing machines (non-automatic) market dropped slightly 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). In general, consumption, however, showed a pronounced increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Egypt

For the third consecutive year, Egypt recorded growth in shipments abroad of industrial sewing machines (non-automatic), which increased by X% to X units in 2022. Overall, exports, however, continue to indicate a abrupt contraction. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, industrial sewing machines (non-automatic) exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Mauritania (X units) was the main destination for industrial sewing machines (non-automatic) exports from Egypt, with a X% share of total exports. Moreover, industrial sewing machines (non-automatic) exports to Mauritania exceeded the volume sent to the second major destination, Algeria (X units), threefold. The third position in this ranking was taken by Niger (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mauritania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and Niger (X% per year).

In value terms, Mauritania ($X) emerged as the key foreign market for industrial sewing machines (non-automatic) exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Algeria ($X), with a X% share of total exports. It was followed by Niger, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Mauritania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and Niger (X% per year).

Export Prices by Country

In 2022, the average industrial sewing machines (non-automatic) export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 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 Algeria ($X per unit), while the average price for exports to Sudan ($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 Algeria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Egypt

In 2022, overseas purchases of industrial sewing machines (non-automatic) decreased by X% to X units, falling for the third year in a row after three years of growth. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, industrial sewing machines (non-automatic) imports contracted to $X in 2022. In general, imports recorded a deep slump. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest industrial sewing machines (non-automatic) supplier to Egypt, with a X% share of total imports. Moreover, industrial sewing machines (non-automatic) imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), tenfold. The third position in this ranking was held by India (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of industrial sewing machines (non-automatic) to Egypt, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average industrial sewing machines (non-automatic) import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price decreased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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