Egypt: Test And Measurement Market 2024

Test And Measurement Market Size in Egypt

The Egyptian test and measurement market contracted to $X in 2022, flattening at the previous year. In general, the total consumption indicated a remarkable increase 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 decreased by X% against 2017 indices. Test and measurement consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Test And Measurement Production in Egypt

In value terms, test and measurement production reached $X in 2022 estimated in export price. Overall, the total production indicated a strong 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 decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Test And Measurement Exports

Exports from Egypt

In 2022, overseas shipments of instruments and apparatus for measuring or checking pressure of liquids or gasses increased by X% to X units, rising for the sixth consecutive year after two years of decline. In general, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, test and measurement exports soared to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X units), Germany (X units) and Japan (X units) were the main destinations of test and measurement exports from Egypt, together accounting for X% of total exports.

From 2012 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.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for test and measurement exported from Egypt were France ($X), Germany ($X) and Japan ($X), together comprising X% of total exports.

Germany, with a CAGR of X.9%, 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

In 2022, the average test and measurement export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, enjoyed strong growth. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then reduced in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($X per unit) and France ($X per unit), while the average price for exports to the United States ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Test And Measurement Imports

Imports into Egypt

In 2022, overseas purchases of instruments and apparatus for measuring or checking pressure of liquids or gasses decreased by X% to X units, falling for the third year in a row after eight years of growth. Over the period under review, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, test and measurement imports reduced dramatically to $X in 2022. In general, imports, however, continue to indicate measured growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then plummeted in the following year.

Imports by Country

In 2022, China (X units) constituted the largest test and measurement supplier to Egypt, accounting for a X% share of total imports. Moreover, test and measurement imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. The United Arab Emirates (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the United Arab Emirates (X% per year).

In value terms, Germany ($X), China ($X) and the United States ($X) constituted the largest test and measurement suppliers to Egypt, with a combined X% share of total imports. Italy, the United Arab Emirates, Poland, Japan and Turkey lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The average test and measurement import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price recorded a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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