Egypt: Computing Machinery Market 2024

Computing Machinery Market Size in Egypt

In 2021, the Egyptian computing machinery market was finally on the rise to reach $X after two years of decline. In general, consumption, however, continues to indicate a abrupt contraction. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Computing Machinery Exports

Exports from Egypt

Computing machinery exports from Egypt reduced sharply to X tons in 2021, which is down by -43.1% on 2020 figures. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 298%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, computing machinery exports totaled $X in 2021. In general, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 754%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and the Netherlands (X tons) were the main destinations of computing machinery exports from Egypt.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +116.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for computing machinery exported from Egypt were the Netherlands ($X), the United Arab Emirates ($X) and Hong Kong SAR ($X), with a combined 18% share of total exports. Germany, Hungary, Algeria, Saudi Arabia, Turkey, Slovakia, Kenya, Sudan, Malaysia and South Korea lagged somewhat behind, together accounting for a further 9%.

Saudi Arabia, with a CAGR of +116.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 computing machinery export price amounted to $X per ton, increasing by 81% against the previous year. Over the period under review, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 268% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Malaysia ($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 South Korea (+48.9%), while the prices for the other major destinations experienced more modest paces of growth.

Computing Machinery Imports

Imports into Egypt

In 2021, purchases abroad of computing machinery and parts and accessories thereof increased by 18% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 633% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, computing machinery imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 86% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of computing machinery to Egypt, accounting for a 32% share of total imports. Moreover, computing machinery imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. Hong Kong SAR (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+42.5% per year) and Hong Kong SAR (-3.1% per year).

In value terms, the largest computing machinery suppliers to Egypt were China ($X), Vietnam ($X) and Germany ($X), with a combined 74% share of total imports.

Vietnam, with a CAGR of +72.3%, saw the highest rates of growth with regard to the value of imports, among 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 computing machinery import price amounted to $X per ton, jumping by 25% against the previous year. Over the period under review, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 1,044%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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