Egypt: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in Egypt

In 2021, the Egyptian market for electro-thermic appliances or domestic purposes decreased by -87.8% to $X for the first time since 2015, thus ending a five-year rising trend. Over the period under review, consumption recorded a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2020, and then contracted rapidly in the following year.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports from Egypt

In 2021, after two years of decline, there was significant growth in overseas shipments of electro-thermic appliances or domestic purposes, when their volume increased by 6,956% to X units. Overall, exports saw buoyant growth. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, electro-thermic appliances or domestic purposes exports skyrocketed to $X in 2021. In general, exports posted significant growth. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for electro-thermic appliances or domestic purposes exports from Egypt, accounting for a 86% share of total exports. Moreover, electro-thermic appliances or domestic purposes exports to France exceeded the volume sent to the second major destination, Italy (X units), more than tenfold. Spain (X units) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at +52.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+903.8% per year) and Spain (-12.9% per year).

In value terms, France ($X) emerged as the key foreign market for electro-thermic appliances or domestic purposes exports from Egypt, comprising 86% of total exports. The second position in the ranking was taken by Italy ($X), with a 6.9% share of total exports. It was followed by Spain, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +54.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+1,657.6% per year) and Spain (-21.9% per year).

Export Prices by Country

The average export price for electro-thermic appliances or domestic purposes stood at $X per unit in 2021, increasing by 66% against the previous year. In general, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 144% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, the countries with the highest prices were the United Arab Emirates ($X per unit) and Spain ($X per unit), while the average price for exports to France ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+75.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports into Egypt

In 2021, purchases abroad of electro-thermic appliances or domestic purposes decreased by -77.8% to X units for the first time since 2014, thus ending a six-year rising trend. Overall, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 148% against the previous year. Over the period under review, imports hit record highs at X units in 2020, and then declined remarkably in the following year.

In value terms, electro-thermic appliances or domestic purposes imports declined sharply to $X in 2021. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2013 when imports increased by 62%. Over the period under review, imports reached the maximum at $X in 2020, and then fell dramatically in the following year.

Imports by Country

In 2021, China (X units) was the main supplier of electro-thermic appliances or domestic purposes to Egypt, with a 92% share of total imports. It was followed by Turkey (X units), with a 2.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+15.1% per year) and Hong Kong SAR (-60.0% per year).

In value terms, China ($X) constituted the largest supplier of electro-thermic appliances or domestic purposes to Egypt, comprising 69% of total imports. The second position in the ranking was held by Turkey ($X), with a 0.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-5.5% per year) and Hong Kong SAR (-60.5% per year).

Import Prices by Country

The average import price for electro-thermic appliances or domestic purposes stood at $X per unit in 2021, jumping by 19% against the previous year. Overall, the import price, however, saw a pronounced decline. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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