Report Update Nov 1, 2024

Egypt - Bending or Assembling Machines - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Wood Bending Machine Market 2024

Wood Bending Machine Market Size in Egypt

In 2021, the Egyptian wood bending machine market decreased by -42.3% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption, however, continues to indicate a strong expansion. Over the period under review, the market hit record highs at $X in 2020, and then dropped dramatically in the following year.

Wood Bending Machine Exports

Exports from Egypt

In 2021, the amount of bending or assembling machines exported from Egypt was estimated at X units, remaining stable against 2020 figures. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2014 when exports increased by 350%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wood bending machine exports fell rapidly to $X in 2021. Over the period under review, exports recorded a dramatic slump. The pace of growth appeared the most rapid in 2014 with an increase of 626%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units), Germany (X units) and Kuwait (X units) were the main destinations of wood bending machine exports from Egypt.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Kuwait ($X) remains the key foreign market for bending or assembling machines exports from Egypt, comprising 69% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by Germany, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kuwait amounted to -21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-28.8% per year) and Germany (0.0% per year).

Export Prices by Country

In 2021, the average wood bending machine export price amounted to $X per unit, waning by -69.8% against the previous year. In general, the export price showed a sharp decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 122% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-4.6%).

Wood Bending Machine Imports

Imports into Egypt

In 2021, overseas purchases of bending or assembling machines decreased by -50.8% to X units, falling for the third consecutive year after two years of growth. Overall, imports showed a pronounced setback. The growth pace was the most rapid in 2014 when imports increased by 300%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, wood bending machine imports fell significantly to $X in 2021. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 473%. Over the period under review, imports hit record highs at $X in 2020, and then contracted markedly in the following year.

Imports by Country

The United States (X units), the Netherlands (X units) and South Korea (X units) were the main suppliers of wood bending machine imports to Egypt, together accounting for 47% of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +20.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the United States ($X) and the Netherlands ($X) appeared to be the largest wood bending machine suppliers to Egypt, with a combined 35% share of total imports.

The United States, with a CAGR of +105.2%, recorded the highest growth rate of 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 2021, the average wood bending machine import price amounted to $X per unit, picking up by 48% against the previous year. Overall, the import price posted a significant increase. The growth pace was the most rapid in 2015 when the average import price increased by 285%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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 Austria ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+65.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bending or assembling machines in the world?

South Africa remains the largest wood bending machine consuming country worldwide, accounting for 71% of total volume. Moreover, wood bending machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, Brazil, fourfold. The United States ranked third in terms of total consumption with a 3.4% share.

What are the largest producers of bending or assembling machines in the world?

The countries with the highest volumes of wood bending machine production in 2021 were Austria, China and Germany, together comprising 48% of global production.

What are the leading suppliers of bending or assembling machines to Egypt?

In value terms, the largest wood bending machine suppliers to Egypt were South Korea, the Netherlands and Austria, with a combined 40% share of total imports.

What are the leading importers of bending or assembling machines from Egypt?

In value terms, Kuwait $283) remains the key foreign market for wood bending machine exports from Egypt, comprising 88% of total exports. The second position in the ranking was occupied by Germany $37), with a 12% share of total exports.

What is the average export price for bending or assembling machines in Egypt?

In 2021, the average wood bending machine export price amounted to $155 per unit, waning by -61.6% against the previous year.

What is the average import price for bending or assembling machines in Egypt?

In 2021, the average wood bending machine import price amounted to $6,878 per unit, shrinking by -10.3% against the previous year.

This report provides an in-depth analysis of the wood bending machine market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023