Egypt: Market for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers 2024

Market Size for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Egypt

The Egyptian vapour generating boiler parts market soared to $X in 2023, with an increase of X% against the previous year. Overall, consumption posted a significant expansion. Vapour generating boiler parts consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Production of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Egypt

In value terms, vapour generating boiler parts production declined to $X in 2023 estimated in export price. In general, the total production indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

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Exports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Exports from Egypt

In 2023, exports of parts of vapour generating boilers and super-heater water boilers from Egypt amounted to X tons, flattening at 2022. Over the period under review, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, vapour generating boiler parts exports stood at $X in 2023. In general, exports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X tons), Greece (X kg) and Denmark (X kg) were the main destinations of vapour generating boiler parts exports from Egypt. Moreover, vapour generating boiler parts exports in Tanzania exceeded the figures recorded by the second-largest exporter, Greece, twofold.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

From 2012 to 2023, the average annual rate of growth in terms of value to Denmark was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Tanzania (X% per year).

Export Prices by Country

In 2023, the average vapour generating boiler parts export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price showed significant growth. The growth pace was the most rapid in 2018 a decrease of X%. The export price peaked at $X per ton in 2021; afterwards, it flattened through to 2023.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%).

Imports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Imports into Egypt

In 2023, overseas purchases of parts of vapour generating boilers and super-heater water boilers increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, vapour generating boiler parts imports surged to $X in 2023. Over the period under review, imports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Italy (X tons) constituted the largest vapour generating boiler parts supplier to Egypt, with a X% share of total imports. Moreover, vapour generating boiler parts imports from Italy exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, Italy ($X), India ($X) and the United States ($X) constituted the largest vapour generating boiler parts suppliers to Egypt, together accounting for X% of total imports. The UK, China and Germany lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2023, the average vapour generating boiler parts import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform