Egypt: Accumulator Market 2025

Accumulator Market Size in Egypt

In 2022, the Egyptian accumulator market decreased by X% to $X, falling for the fourth consecutive year after seven years of growth. Overall, consumption showed a relatively flat trend pattern. Accumulator consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Accumulator Exports

Exports from Egypt

In 2022, shipments abroad of electric accumulators increased by X% to X units, rising for the seventh consecutive year after two years of decline. In general, exports showed a significant expansion. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, accumulator exports surged to $X in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Saudi Arabia (X units) was the main destination for accumulator exports from Egypt, with a X% share of total exports. Moreover, accumulator exports to Saudi Arabia exceeded the volume sent to the second major destination, Jordan (X units), fivefold. Syrian Arab Republic (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (X% per year) and Syrian Arab Republic (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for electric accumulators exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Jordan ($X), with a X% share of total exports. It was followed by Syrian Arab Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (X% per year) and Syrian Arab Republic (X% per year).

Export Prices by Country

In 2022, the average accumulator export price amounted to $X per unit, remaining stable against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then shrank slightly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($X per unit) and Lebanon ($X per unit), while the average price for exports to Uganda ($X per unit) and Kenya ($X per unit) were amongst the lowest.

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

Accumulator Imports

Imports into Egypt

In 2022, purchases abroad of electric accumulators decreased by X% to X units, falling for the fourth consecutive year after seven years of growth. In general, imports, however, saw noticeable growth. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, accumulator imports shrank to $X in 2022. Overall, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Turkey (X units) and Spain (X units) were the main suppliers of accumulator imports to Egypt, with a combined X% share of total imports. Saudi Arabia, Germany, Hong Kong SAR, France, the UK, Italy, the United States, Japan, South Korea and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

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

In value terms, China ($X) constituted the largest supplier of electric accumulators to Egypt, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average accumulator import price amounted to $X per unit, rising by X% against the previous year. In general, the import price enjoyed a mild increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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