Egypt: Medical Furniture Market 2024

Medical Furniture Market Size in Egypt

For the fourth year in a row, the Egyptian medical furniture market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value 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, consumption increased by X% against 2018 indices. Medical furniture consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Medical Furniture Exports

Exports from Egypt

In 2022, medical furniture exports from Egypt declined to X units, falling by X% compared with the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, medical furniture exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for medical furniture exports from Egypt, with a X% share of total exports. Moreover, medical furniture exports to the United Arab Emirates exceeded the volume sent to the second major destination, Ghana (X units), twofold. The third position in this ranking was held by Canada (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Canada (X% per year).

In value terms, Ghana ($X), Canada ($X) and Jordan ($X) were the largest markets for medical furniture exported from Egypt worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Jordan, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average medical furniture export price amounted to $X per unit, jumping by X% against the previous year. Overall, the export price recorded a slight increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Gabon ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

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

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Medical Furniture Imports

Imports into Egypt

Medical furniture imports into Egypt fell to X units in 2022, standing approx. at the year before. Overall, total imports indicated a temperate increase from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, medical furniture imports amounted to $X in 2022. In general, total imports indicated strong growth from 2012 to 2022: its value 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), the Czech Republic (X units) and China (X units) were the main suppliers of medical furniture imports to Egypt, with a combined X% share of total imports. France, Turkey, the United States, Italy, Poland, Indonesia, Japan, India and Mexico lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest medical furniture suppliers to Egypt were Germany ($X), the Czech Republic ($X) and China ($X), together accounting for X% of total imports. France, Turkey, the United States, Italy, Poland, Indonesia, Japan, India and Mexico lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average medical furniture import price amounted to $X per unit, growing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. 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 expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per unit) and Poland ($X per unit), while the price for India ($X per unit) and Indonesia ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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