Egypt: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in Egypt

The Egyptian non-electric roasting furnace market skyrocketed to $X in 2022, surging by X% against the previous year. Over the period under review, consumption enjoyed a measured increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Non-Electric Roasting Furnace Production in Egypt

In value terms, non-electric roasting furnace production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021, and then shrank modestly in the following year.

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Non-Electric Roasting Furnace Exports

Exports from Egypt

In 2022, after three years of decline, there was significant decline in shipments abroad of non-electric furnaces and ovens for the roasting or melting, when their volume decreased by X% to X units. In general, exports showed a slight slump. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-electric roasting furnace exports soared to $X in 2022. Over the period under review, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sudan (X units) was the main destination for non-electric roasting furnace exports from Egypt, accounting for a X% share of total exports. Moreover, non-electric roasting furnace exports to Sudan exceeded the volume sent to the second major destination, Bahrain (X units), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Sudan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and Italy (X% per year).

In value terms, Sudan ($X) emerged as the key foreign market for non-electric furnaces and ovens for the roasting or melting exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Sudan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and Italy (X% per year).

Export Prices by Country

The average non-electric roasting furnace export price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the export price recorded a resilient increase. The growth pace was the most rapid in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained 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 Sudan ($X per unit), while the average price for exports to Italy ($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 Sudan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Roasting Furnace Imports

Imports into Egypt

In 2022, purchases abroad of non-electric furnaces and ovens for the roasting or melting increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, non-electric roasting furnace imports shrank sharply to $X in 2022. Over the period under review, imports, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X units) and China (X units) were the main suppliers of non-electric roasting furnace imports to Egypt.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%).

In value terms, China ($X) constituted the largest supplier of non-electric furnaces and ovens for the roasting or melting to Egypt, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

The average non-electric roasting furnace import price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Italy amounted to $X per unit.

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

Source: IndexBox Platform

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