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Egypt - Machine-Tools for Working Stone, Ceramics, and Concrete - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2023

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in Egypt

The Egyptian market for machine-tools for working stone, ceramics, and concrete reached $X in 2021, surging by 6.7% 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 perceptible increase. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from Egypt

In 2021, shipments abroad of machine-tools for working stone, ceramics, and concrete was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 1,000% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, machine tools for working stone exports contracted remarkably to $X in 2021. In general, exports posted buoyant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 1,256% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X units), Costa Rica (X units) and Saudi Arabia (X units) were the main destinations of machine tools for working stone exports from Egypt, with a combined 65% 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 Saudi Arabia (with a CAGR of +31.6%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for machine-tools for working stone, ceramics, and concrete exports from Egypt, comprising 70% of total exports. The second position in the ranking was taken by Nigeria ($X), with a 9.1% share of total exports. It was followed by Hungary, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+15.4% per year) and Hungary (0.0% per year).

Export Prices by Country

In 2021, the average export price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, declining by -54.1% against the previous year. Over the period under review, the export price, however, showed a moderate increase. The pace of growth appeared the most rapid in 2013 an increase of 67% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per unit), while the average price for exports to Costa Rica ($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 Oman (+56.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into Egypt

Machine tools for working stone imports into Egypt rose remarkably to X units in 2021, with an increase of 8.1% against the year before. Overall, imports saw pronounced growth. The pace of growth was the most pronounced in 2015 when imports increased by 295% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, machine tools for working stone imports shrank slightly to $X in 2021. In general, imports continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2016 when imports increased by 137%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of machine tools for working stone to Egypt, with a 39% share of total imports. Moreover, machine tools for working stone imports from China exceeded the figures recorded by the second-largest supplier, France (X units), twofold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+46.9% per year) and Taiwan (Chinese) (+15.4% per year).

In value terms, China ($X) constituted the largest supplier of machine-tools for working stone, ceramics, and concrete to Egypt, comprising 39% of total imports. The second position in the ranking was held by France ($X), with a 19% share of total imports. It was followed by Portugal, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+23.4% per year) and Portugal (+36.5% per year).

Import Prices by Country

In 2021, the average import price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, reducing by -11.4% against the previous year. In general, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 226% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cyprus (+43.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for machine-tools for working stone, ceramics, and concrete in the world?

The countries with the highest volumes of consumption in 2021 were China, Nigeria and the United States, with a combined 38% share of global consumption.

What are the largest producers of machine-tools for working stone, ceramics, and concrete in the world?

China remains the largest machine tools for working stone producing country worldwide, accounting for 40% of total volume. Moreover, machine tools for working stone production in China exceeded the figures recorded by the second-largest producer, Italy, twofold. Japan ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of machine-tools for working stone, ceramics, and concrete to Egypt?

In value terms, China constituted the largest supplier of machine-tools for working stone, ceramics, and concrete to Egypt, comprising 39% of total imports. The second position in the ranking was held by France, with a 19% share of total imports. It was followed by Portugal, with an 8.8% share.

What are the leading importers of machine-tools for working stone, ceramics, and concrete from Egypt?

In value terms, Italy remains the key foreign market for machine-tools for working stone, ceramics, and concrete exports from Egypt, comprising 70% of total exports. The second position in the ranking was held by Nigeria $816), with a 9.1% share of total exports. It was followed by Hungary, with a 6.8% share.

What is the average export price for machine-tools for working stone, ceramics, and concrete in Egypt?

The average export price for machine-tools for working stone, ceramics, and concrete stood at $455 per unit in 2021, waning by -54.1% against the previous year.

What is the average import price for machine-tools for working stone, ceramics, and concrete in Egypt?

In 2021, the average import price for machine-tools for working stone, ceramics, and concrete amounted to $239 per unit, falling by -11.4% against the previous year.

This report provides an in-depth analysis of the market for machine tools for working stone in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 28491170 - Machine-tools for working stone, ceramics, concrete, a sbestos-cement or like mineral materials or for cold working glass (excluding sawing machines, grinding or polishing machines)

Country coverage:

• Egypt

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Egypt

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance