Egypt: Measuring Instrument Market 2024

Measuring Instrument Market Size in Egypt

The Egyptian measuring instrument market fell rapidly 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). Overall, consumption, however, saw a notable increase. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Measuring Instrument Exports

Exports from Egypt

In 2022, overseas shipments of instruments and apparatus for measuring or checking the flow or level of liquids decreased by X% to X units, falling for the second consecutive year after five years of growth. Overall, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, measuring instrument exports reduced modestly to $X in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Tanzania (X units) was the main destination for measuring instrument exports from Egypt, with a X% share of total exports. Moreover, measuring instrument exports to Tanzania exceeded the volume sent to the second major destination, Germany (X units), fivefold. Saudi Arabia (X units) ranked third in terms of total exports with a X% share.

From 2014 to 2022, the average annual growth rate of volume to Tanzania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Saudi Arabia (X% per year).

In value terms, Tanzania ($X), Germany ($X) and the UK ($X) constituted the largest markets for measuring instrument exported from Egypt worldwide, together comprising X% of total exports.

Tanzania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 measuring instrument export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Measuring Instrument Imports

Imports into Egypt

In 2022, approx. X units of instruments and apparatus for measuring or checking the flow or level of liquids were imported into Egypt; reducing by X% against the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, measuring instrument imports fell notably to $X in 2022. Over the period under review, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), the United Arab Emirates (X units) and the United States (X units) were the main suppliers of measuring instrument imports to Egypt, together comprising X% of total imports. Italy, China, Sweden, the UK, France, Slovenia, India, Turkey, the Netherlands and Japan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest measuring instrument suppliers to Egypt were Germany ($X), the United Arab Emirates ($X) and the United States ($X), together accounting for X% of total imports. Italy, China, Sweden, the UK, France, Slovenia, India, Turkey, the Netherlands and Japan lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average measuring instrument import price stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the import price, however, showed a prominent expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then dropped modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($X per unit) and India ($X per unit), while the price for France ($X per unit) and the UK ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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