Egypt: Market for Hand-Operated Drilling, Threading or Tapping Tools 2025

Market Size for Hand-Operated Drilling, Threading or Tapping Tools in Egypt

The Egyptian market for hand-operated drilling, threading or tapping tools declined to $X in 2022, with a decrease of -14.9% 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). Overall, consumption continues to indicate a deep downturn. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Exports of Hand-Operated Drilling, Threading or Tapping Tools

Exports from Egypt

In 2022, approx. X tons of hand-operated drilling, threading or tapping tools were exported from Egypt; which is down by -14.4% on the previous year. In general, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2018 when exports increased by 253%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of hand-operated drilling, threading or tapping tools reduced to $X in 2022. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 212% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Sudan (X kg) was the main destination for exports of hand-operated drilling, threading or tapping tools from Egypt, accounting for a 91% share of total exports. Moreover, exports of hand-operated drilling, threading or tapping tools to Sudan exceeded the volume sent to the second major destination, the UK (X kg), more than tenfold. Libya (X kg) ranked third in terms of total exports with a 0.6% share.

From 2012 to 2022, the average annual growth rate of volume to Sudan totaled +34.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+3.4% per year) and Libya (-25.8% per year).

In value terms, Sudan ($X) remains the key foreign market for hand-operated drilling, threading or tapping tools exports from Egypt, comprising 39% of total exports. The second position in the ranking was held by the UK ($X), with a 20% share of total exports. It was followed by France, with a 0.9% share.

From 2012 to 2022, the average annual growth rate of value to Sudan stood at +14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+12.5% per year) and France (-27.4% per year).

Export Prices by Country

In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $X per ton, stabilizing at the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 103% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, 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 France ($X per ton), while the average price for exports to Sudan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hand-Operated Drilling, Threading or Tapping Tools

Imports into Egypt

In 2022, approx. X tons of hand-operated drilling, threading or tapping tools were imported into Egypt; with a decrease of -5.1% compared with 2021. Over the period under review, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 117% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of hand-operated drilling, threading or tapping tools shrank rapidly to $X in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when imports increased by 43% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest hand-operated drilling, threading or tapping tool supplier to Egypt, with a 85% share of total imports. Moreover, imports of hand-operated drilling, threading or tapping tools from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.0% per year) and Germany (-27.7% per year).

In value terms, the largest hand-operated drilling, threading or tapping tool suppliers to Egypt were China ($X), the United States ($X) and Germany ($X), together accounting for 76% of total imports.

Among the main suppliers, China, with a CAGR of +2.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for hand-operated drilling, threading or tapping tools amounted to $X per ton, declining by -30% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 42%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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