Egypt: Overview of the Market for Machine-Tools For Working Any Material By Removal Of Material 2021

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Egypt

The Egyptian machine-tool for removing material market reduced rapidly to $X in 2020, falling 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, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Machine-tool for removing material consumption peaked at $X in 2016; however, from 2017 to 2020, consumption stood at a somewhat lower figure.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Egypt

In 2020, shipments abroad of machine-tools for working any material by removal of material decreased by -X% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. As a result, exports reached the peak of X units. From 2016 to 2020, the growth exports remained at a lower figure.

In value terms, machine-tool for removing material exports dropped rapidly to $X in 2020. In general, exports, however, faced a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2014 to 2020, the growth exports failed to regain the momentum.

Exports by Country

China (X units) and Turkey (X units) were the main destinations of machine-tool for removing material exports from Egypt, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (+X% per year).

From 2007 to 2020, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

In 2020, the average machine-tool for removing material export price amounted to $X per unit, reducing by -X% against the previous year. In general, the export price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per unit. From 2017 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per unit), while the average price for exports to Turkey totaled $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Egypt

Machine-tool for removing material imports into Egypt reduced notably to X units in 2020, with a decrease of -X% against 2019. Overall, imports, however, continue to indicate a measured expansion. 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 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, machine-tool for removing material imports declined sharply to $X in 2020. Over the period under review, imports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019, and then declined remarkably in the following year.

Imports by Country

China (X units), Germany (X units) and Turkey (X units) were the main suppliers of machine-tool for removing material imports to Egypt, together accounting for X% of total imports. These countries were followed by Italy and the U.S., which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of machine-tool for removing material to Egypt, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average machine-tool for removing material import price stood at $X per unit in 2020, with an increase of X% against the previous year. In general, the import price saw prominent growth. The growth pace was the most rapid in 2011 an increase of X% y-o-y. The import price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machine-tools for working any material by removal of material in the world?

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The countries with the highest volumes of machine-tool for removing material consumption in 2020 were China (198K units), Japan (156K units) and the UK (78K units), together accounting for 38% of global consumption. The Netherlands, the U.S., Spain, Australia, India, Mexico, Italy, Germany, Ethiopia and France lagged somewhat behind, together comprising a further 34%.

What are the largest producers of machine-tools for working any material by removal of material in the world?

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The countries with the highest volumes of machine-tool for removing material production in 2020 were China (246K units), Japan (160K units) and Italy (22K units), together accounting for 65% of global production. These countries were followed by France, Mexico, Germany, Ethiopia, Switzerland, Spain, Taiwan (Chinese), South Korea, Turkey and India, which together accounted for a further 26%.

What are the leading suppliers of machine-tools for working any material by removal of material to Egypt?

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In value terms, China ($6.6M) constituted the largest supplier of machine-tool for removing material to Egypt, comprising 45% of total imports. The second position in the ranking was occupied by Germany ($1.8M), with a 12% share of total imports. It was followed by Italy, with a 7.1% share.

What is the average export price for machine-tools for working any material by removal of material in Egypt?

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In 2020, the average machine-tool for removing material export price amounted to $1,724 per unit, dropping by -92% against the previous year.

What is the average import price for machine-tools for working any material by removal of material in Egypt?

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The average machine-tool for removing material import price stood at $3,517 per unit in 2020, surging by 12% against the previous year.