Report Update Nov 1, 2024

Egypt - Drilling or Morticing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Wood Drilling Machine Market 2024

Wood Drilling Machine Market Size in Egypt

The Egyptian wood drilling machine market fell significantly to $X in 2021, with a decrease of -51.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Wood Drilling Machine Exports

Exports from Egypt

In 2021, shipments abroad of drilling or morticing machines increased by 1,720% to X units, rising for the third consecutive year after four years of decline. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood drilling machine exports soared to $X in 2021. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kuwait (X units) was the main destination for wood drilling machine exports from Egypt, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Kuwait stood at +75.7%.

In value terms, the largest markets for wood drilling machine exported from Egypt were Saudi Arabia ($X) and Kuwait ($X).

Kuwait, with a CAGR of +71.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average wood drilling machine export price amounted to $X per unit, shrinking by -48.7% against the previous year. Over the period under review, the export price showed a perceptible setback. The most prominent rate of growth was recorded in 2016 an increase of 141% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 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 Saudi Arabia ($X per unit), while the average price for exports to Kuwait totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+62.5%).

Wood Drilling Machine Imports

Imports into Egypt

In 2021, the amount of drilling or morticing machines imported into Egypt dropped dramatically to X units, waning by -43.1% against the previous year's figure. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 222%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, wood drilling machine imports reduced remarkably to $X in 2021. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 189% against the previous year. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2021, China (X units) constituted the largest wood drilling machine supplier to Egypt, accounting for a 55% share of total imports. Moreover, wood drilling machine imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold. The third position in this ranking was taken by the United States (X units), with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +43.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+51.7% per year) and the United States (+49.4% per year).

In value terms, China ($X) constituted the largest supplier of drilling or morticing machines to Egypt, comprising 25% of total imports. The second position in the ranking was held by Italy ($X), with a 9.6% share of total imports. It was followed by the United States, with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.0% per year) and the United States (+14.4% per year).

Import Prices by Country

In 2021, the average wood drilling machine import price amounted to $X per unit, growing by 17% against the previous year. Overall, the import price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2019 an increase of 586%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Belgium ($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 Arab Emirates (+2,093.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for drilling or morticing machines in the world?

South Africa remains the largest wood drilling machine consuming country worldwide, comprising approx. 45% of total volume. Moreover, wood drilling machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by Nigeria, with an 8% share.

What are the largest producers of drilling or morticing machines in the world?

China remains the largest wood drilling machine producing country worldwide, accounting for 39% of total volume. Moreover, wood drilling machine production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR, threefold. India ranked third in terms of total production with a 7.8% share.

What are the leading suppliers of drilling or morticing machines to Egypt?

In value terms, China constituted the largest supplier of wood drilling machine to Egypt, comprising 43% of total imports. The second position in the ranking was occupied by Italy, with a 17% share of total imports. It was followed by Turkey, with a 7.9% share.

What are the leading importers of drilling or morticing machines from Egypt?

In value terms, Saudi Arabia remains the key foreign market for wood drilling machine exports from Egypt, comprising 60% of total exports. The second position in the ranking was occupied by Kuwait, with a 14% share of total exports.

What is the average export price for drilling or morticing machines in Egypt?

The average wood drilling machine export price stood at $1,185 per unit in 2021, which is down by -14.6% against the previous year.

What is the average import price for drilling or morticing machines in Egypt?

In 2021, the average wood drilling machine import price amounted to $2,038 per unit, increasing by 51% against the previous year.

This report provides an in-depth analysis of the wood drilling machine 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 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials

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