Egypt: Market for Machine-Tools For Working Any Material By Removal Of Material 2022

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

The Egyptian machine-tool for removing material market surged to $X in 2021, picking up 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 saw a resilient expansion. Machine-tool for removing material consumption peaked in 2021 and is likely to see steady growth in the near future.

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

Exports from Egypt

In 2021, after two years of decline, there was significant growth in shipments abroad of machine-tools for working any material by removal of material, when their volume increased by X% to X units. Over the period under review, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, machine-tool for removing material exports soared to $X in 2021. Overall, exports posted significant growth. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), Kenya (X units) and Spain (X units) were the main destinations of machine-tool for removing material exports from Egypt, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (+X%), while the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), Italy ($X) and the Netherlands ($X) appeared to be the largest markets for machine-tool for removing material exported from Egypt worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average machine-tool for removing material export price amounted to $X per unit, growing by X% against the previous year. In general, the export price recorded buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to Spain ($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 the Netherlands (+X%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Egypt

Machine-tool for removing material imports into Egypt skyrocketed to X units in 2021, with an increase of X% against the year before. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, machine-tool for removing material imports soared to $X in 2021. In general, imports continue to indicate resilient growth. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of machine-tool for removing material imports to Egypt, with a combined X% share of total imports. Turkey, Spain and the United States lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Spain ($X) and Germany ($X) constituted the largest machine-tool for removing material suppliers to Egypt, with a combined X% share of total imports. Italy, Turkey and the United States lagged somewhat behind, together comprising a further X the main suppliers, Turkey, with a CAGR of +X%, saw 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 machine-tool for removing material import price stood at $X per unit in 2021, picking up by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform