Egypt: Boiler Parts Market 2024

Boiler Parts Market Size in Egypt

The Egyptian boiler parts market reached $X in 2022, increasing by X% against the previous year. In general, consumption, however, showed a pronounced decline. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Boiler Parts Production in Egypt

In value terms, boiler parts production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Boiler Parts Exports

Exports from Egypt

In 2022, exports of parts of boilers for central heating from Egypt contracted sharply to X kg, shrinking by X% on 2021. In general, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, boiler parts exports fell dramatically to $X in 2022. Over the period under review, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X kg) was the main destination for boiler parts exports from Egypt, accounting for a X% share of total exports. Moreover, boiler parts exports to Germany exceeded the volume sent to the second major destination, Italy (X kg), threefold. The third position in this ranking was taken by Spain (X kg), with a X% share.

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

In value terms, Italy ($X), Germany ($X) and the UK ($X) constituted the largest markets for boiler parts exported from Egypt worldwide, together accounting for X% of total exports. Spain and France lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Spain, with a CAGR of X%, saw the highest growth rate of 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 boiler parts export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price posted a strong increase. The pace of growth appeared the most rapid in 2015 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

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

Boiler Parts Imports

Imports into Egypt

In 2022, approx. X tons of parts of boilers for central heating were imported into Egypt; shrinking by X% on the previous year. In general, imports faced a abrupt decrease. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, boiler parts imports shrank sharply to $X in 2022. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of boiler parts to Egypt, with a X% share of total imports. Moreover, boiler parts imports from Italy exceeded the figures recorded by the second-largest supplier, France (X kg), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Slovakia (X% per year).

In value terms, Italy ($X) constituted the largest supplier of parts of boilers for central heating to Egypt, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Slovakia (X% per year).

Import Prices by Country

The average boiler parts import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price posted a modest expansion. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked 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 country with the highest price was France ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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