Egypt: Food Mixer Market 2024

Food Mixer Market Size in Egypt

The Egyptian food mixer market fell significantly to $X in 2022, waning by -28% against the previous year. Over the period under review, consumption, however, continues to indicate strong growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Food Mixer Production in Egypt

In value terms, food mixer production reached $X in 2022 estimated in export price. Overall, production, however, showed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 151% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Food Mixer Exports

Exports from Egypt

Food mixer exports from Egypt soared to X units in 2022, picking up by 29% against 2021. In general, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 50%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, food mixer exports surged to $X in 2022. Over the period under review, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 44% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Tunisia (X units), Saudi Arabia (X units) and Spain (X units) were the main destinations of food mixer exports from Egypt, with a combined 62% share of total exports.

From 2012 to 2022, 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 +138.8%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Spain ($X) and France ($X) appeared to be the largest markets for food mixer exported from Egypt worldwide, with a combined 54% share of total exports.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of +137.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average food mixer export price amounted to $X per unit, rising by 5.3% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The growth pace was the most rapid in 2016 when the average export price increased by 70% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per unit), while the average price for exports to Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Food Mixer Imports

Imports into Egypt

In 2022, the amount of domestic food grinders and mixers and fruit or vegetable juice extractors imported into Egypt shrank rapidly to X units, reducing by -77.4% against the year before. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by 102% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, food mixer imports contracted significantly to $X in 2022. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 82%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Turkey (X units) and Romania (X units) were the main suppliers of food mixer imports to Egypt, together accounting for 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +72.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest food mixer suppliers to Egypt were China ($X), Turkey ($X) and Romania ($X), with a combined 83% share of total imports. France, Slovenia and the United Arab Emirates lagged somewhat behind, together comprising a further 13%.

Slovenia, with a CAGR of +76.3%, 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 2022, the average food mixer import price amounted to $X per unit, surging by 34% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, food mixer import price increased by +52.7% against 2018 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 45% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($X per unit) and Slovenia ($X per unit), while the price for France ($X per unit) and Turkey ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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