Egypt: Mannequin Market 2024

Mannequin Market Size in Egypt

In 2022, the Egyptian mannequin market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption showed a slight shrinkage. Mannequin consumption peaked at $X in 2021, and then shrank remarkably in the following year.

Mannequin Exports

Exports from Egypt

In 2022, exports of mannequins from Egypt soared to X tons, with an increase of X% against 2021 figures. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, mannequin exports surged to $X in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X tons) was the main destination for mannequin exports from Egypt, accounting for a X% share of total exports. Moreover, mannequin exports to Saudi Arabia exceeded the volume sent to the second major destination, Morocco (X kg), fourfold. The third position in this ranking was taken by the United Arab Emirates (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and the United Arab Emirates (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for mannequins exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average mannequin export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($X per ton) and Israel ($X per ton), while the average price for exports to Morocco ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Mannequin Imports

Imports into Egypt

In 2022, the amount of mannequins imported into Egypt reduced notably to X tons, waning by X% on 2021 figures. Overall, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, mannequin imports shrank remarkably to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell notably in the following year.

Imports by Country

The United States (X tons), Germany (X tons) and China (X tons) were the main suppliers of mannequin imports to Egypt, together comprising X% of total imports. Vietnam, South Korea, the UK, Canada and Italy lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest mannequin suppliers to Egypt were the United States ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Vietnam, South Korea, the UK, Canada and Italy lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 mannequin import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price 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, mannequin import price increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($X per ton) and South Korea ($X per ton), while the price for Italy ($X per ton) and the United States ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform