Egypt: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2024

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Egypt

In 2021, the Egyptian digital data processing machine market decreased by -58.9% to $X, falling for the third consecutive year after three years of growth. In general, consumption showed a drastic downturn. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Egypt

Digital data processing machine exports from Egypt surged to X units in 2021, picking up by 300% compared with 2020 figures. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, digital data processing machine exports soared to $X in 2021. Over the period under review, exports, however, saw a mild decrease. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for digital data processing machine exports from Egypt, with a 42% share of total exports. Moreover, digital data processing machine exports to the United States exceeded the volume sent to the second major destination, France (X units), fivefold. South Africa (X units) ranked third in terms of total exports with a 4.2% share.

From 2015 to 2021, the average annual growth rate of volume to the United States totaled +77.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+100.0% per year) and South Africa (0.0% per year).

In value terms, Germany ($X) remains the key foreign market for digital data processing machines: presented in the form of systems exports from Egypt, comprising 34% of total exports. The second position in the ranking was held by the United States ($X), with a 9.9% share of total exports. It was followed by France, with a 6.3% share.

From 2015 to 2021, the average annual rate of growth in terms of value to Germany stood at +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+50.8% per year) and France (+21.3% per year).

Export Prices by Country

In 2021, the average digital data processing machine export price amounted to $X per unit, reducing by -30.8% against the previous year. Over the period under review, the export price faced a sharp downturn. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+0.2%), while the prices for the other major destinations experienced a decline.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Egypt

In 2021, overseas purchases of digital data processing machines: presented in the form of systems decreased by -68.7% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2014 with an increase of 177%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, digital data processing machine imports shrank notably to $X in 2021. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 117%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), the United Arab Emirates (X units) and the United States (X units) were the main suppliers of digital data processing machine imports to Egypt, together accounting for 88% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +17.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest digital data processing machine suppliers to Egypt were the United Arab Emirates ($X), China ($X) and the United States ($X), together accounting for 80% of total imports.

China, with a CAGR of +12.8%, recorded 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 mixed trend patterns.

Import Prices by Country

The average digital data processing machine import price stood at $X per unit in 2021, with an increase of 31% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 52%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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 ($X per unit), while the price for South Korea ($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 United States (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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