Egypt: Mechano-Therapy Appliances Market 2024

Mechano-Therapy Appliances Market Size in Egypt

After two years of decline, the Egyptian mechano-therapy appliances market increased by X% to $X in 2022. In general, consumption, however, continues to indicate a noticeable decline. Mechano-therapy appliances consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Mechano-Therapy Appliances Exports

Exports from Egypt

In 2022, the amount of mechano-therapy appliances and massage apparatus exported from Egypt declined dramatically to X units, falling by X% on the year before. Overall, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, mechano-therapy appliances exports fell markedly to $X in 2022. Over the period under review, exports saw a significant decrease. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nigeria (X units) was the main destination for mechano-therapy appliances exports from Egypt, accounting for a X% share of total exports. Moreover, mechano-therapy appliances exports to Nigeria exceeded the volume sent to the second major destination, Germany (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria totaled X%.

In value terms, Nigeria ($X) emerged as the key foreign market for mechano-therapy appliances and massage apparatus exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria totaled X%.

Export Prices by Country

The average mechano-therapy appliances export price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price showed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while the average price for exports to Germany stood at $X per unit.

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

Mechano-Therapy Appliances Imports

Imports into Egypt

After two years of decline, supplies from abroad of mechano-therapy appliances and massage apparatus increased by X% to X units in 2022. Overall, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, mechano-therapy appliances imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest mechano-therapy appliances supplier to Egypt, accounting for a X% share of total imports. Moreover, mechano-therapy appliances imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The third position in this ranking was taken by Spain (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Spain (X% per year).

In value terms, China ($X) constituted the largest supplier of mechano-therapy appliances and massage apparatus to Egypt, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with an X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Spain (X% per year).

Import Prices by Country

The average mechano-therapy appliances import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, import price indicated resilient growth 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, mechano-therapy appliances import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($X per unit) and Mexico ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and Canada ($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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