Egypt: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Egypt

In 2022, after two years of decline, there was significant growth in the Egyptian telephone apparatus market, when its value increased by 24% to $X. The market value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Telephone Apparatus Production in Egypt

In value terms, telephone apparatus production rose significantly to $X in 2022 estimated in export price. Overall, production showed measured growth. The growth pace was the most rapid in 2019 with an increase of 480% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Telephone Apparatus Exports

Exports from Egypt

Telephone apparatus exports from Egypt fell to X tons in 2022, waning by -8.3% on the previous year. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 1,867%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, telephone apparatus exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by 322% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

China (X tons) was the main destination for telephone apparatus exports from Egypt, accounting for a 134% share of total exports. Moreover, telephone apparatus exports to China exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a 61% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +159.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+74.8% per year) and Hong Kong SAR (+2.3% per year).

In value terms, the United Arab Emirates ($X), Hong Kong SAR ($X) and China ($X) constituted the largest markets for telephone apparatus exported from Egypt worldwide, with a combined 58% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +117.1%, recorded 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 2021, the average telephone apparatus export price amounted to $X per ton, declining by -12% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 737% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+13.4%), while the prices for the other major destinations experienced mixed trend patterns.

Telephone Apparatus Imports

Imports into Egypt

In 2022, after three years of decline, there was significant growth in supplies from abroad of telephone apparatus, when their volume increased by 129% to X tons. In general, imports continue to indicate slight growth. The pace of growth appeared the most rapid in 2018 when imports increased by 173% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, telephone apparatus imports stood at $X in 2022. Overall, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.0% 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 +44.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 40% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to Egypt, accounting for a 63% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The third position in this ranking was taken by Sweden (X tons), with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+21.9% per year) and Sweden (-6.8% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Egypt, comprising 61% of total imports. The second position in the ranking was held by Vietnam ($X), with a 13% share of total imports. It was followed by India, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+32.0% per year) and India (-1.0% per year).

Import Prices by Country

The average telephone apparatus import price stood at $X per ton in 2021, growing by 83% against the previous year. Overall, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 154% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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