Report Update Nov 1, 2024

Egypt - Concrete Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Concrete Pump Market 2024

Concrete Pump Market Size in Egypt

After two years of decline, the Egyptian concrete pump market increased by 19% to $X in 2021. Overall, consumption saw prominent growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Concrete Pump Exports

Exports from Egypt

After four years of growth, shipments abroad of concrete pumps decreased by -33.3% to X units in 2021. In general, exports faced a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 50% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, concrete pump exports dropped remarkably to $X in 2021. Over the period under review, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 668% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units) and Jordan (X units) were the main destinations of concrete pump 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 Jordan (with a CAGR of 0.0%).

In value terms, Saudi Arabia ($X) remains the key foreign market for concrete pumps exports from Egypt, comprising 98% of total exports. The second position in the ranking was taken by Jordan ($X), with a 1.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia totaled -29.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (-44.4% per year) and the United Arab Emirates (-40.0% per year).

Export Prices by Country

In 2021, the average concrete pump export price amounted to $X per unit, increasing by 23% against the previous year. In general, the export price, however, faced a deep slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 39% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Jordan ($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 Saudi Arabia (-1.4%), while the prices for the other major destinations experienced a decline.

Concrete Pump Imports

Imports into Egypt

In 2021, supplies from abroad of concrete pumps increased by 22% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports continue to indicate slight growth. The pace of growth appeared the most rapid in 2015 with an increase of 404%. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete pump imports fell modestly to $X in 2021. Over the period under review, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of 449%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest concrete pump supplier to Egypt, with a 37% share of total imports. Moreover, concrete pump imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. The third position in this ranking was held by Saudi Arabia (X units), with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +31.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+22.0% per year) and Saudi Arabia (+16.7% per year).

In value terms, Germany ($X), China ($X) and Turkey ($X) constituted the largest concrete pump suppliers to Egypt, with a combined 44% share of total imports. Saudi Arabia, Italy, the United States, the UK, Singapore, Belgium, Kuwait, Lebanon, South Korea and Austria lagged somewhat behind, together accounting for a further 39%.

In terms of the main suppliers, South Korea, with a CAGR of +66.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average concrete pump import price stood at $X per unit in 2021, shrinking by -20.7% against the previous year. In general, the import price, however, recorded a strong increase. The pace of growth was the most pronounced in 2019 an increase of 193% against the previous year. The import price peaked at $X per unit in 2020, and then reduced markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+58.0%), 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 concrete pumps in the world?

The countries with the highest volumes of concrete pump consumption in 2021 were Saudi Arabia, China and Italy, together comprising 91% of global consumption.

What are the largest producers of concrete pumps in the world?

China constituted the country with the largest volume of concrete pump production, comprising approx. 76% of total volume. Moreover, concrete pump production in China exceeded the figures recorded by the second-largest producer, Italy, eightfold. Germany ranked third in terms of total production with a 6.6% share.

What are the leading suppliers of concrete pumps to Egypt?

In value terms, Saudi Arabia constituted the largest supplier of concrete pump to Egypt.

What is the average export price for concrete pumps in Egypt?

The average concrete pump export price stood at $49,224 per unit in 2013, increasing by 21% against the previous year.

What is the average import price for concrete pumps in Egypt?

In 2021, the average concrete pump import price amounted to $7,022 per unit, reducing by -4.6% against the previous year.

This report provides an in-depth analysis of the concrete pump 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 28131185 - Concrete pumps

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