Egypt: Electric Heating Equipment Market 2025

Electric Heating Equipment Market Size in Egypt

In 2022, the Egyptian electric heating equipment market decreased by -2.3% to $X, falling for the fifth year in a row after three years of growth. The market value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Heating Equipment Production in Egypt

In value terms, electric heating equipment production reduced to $X in 2022 estimated in export price. Overall, the total production indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.4% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 33%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Electric Heating Equipment Exports

Exports from Egypt

In 2022, shipments abroad of electric space heating apparatus and soil heating apparatus increased by 280% to X units, rising for the second year in a row after two years of decline. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 306% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, electric heating equipment exports rose significantly to $X in 2022. Over the period under review, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 295% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Yemen (X units), Libya (X units) and Greece (X units) were the main destinations of electric heating equipment exports from Egypt, with a combined 91% share of total exports. Uganda and Saudi Arabia lagged somewhat behind, together comprising a further 7.6%.

From 2012 to 2022, the biggest increases were recorded for Uganda (with a CAGR of +131.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Libya ($X) remains the key foreign market for electric space heating apparatus and soil heating apparatus exports from Egypt, comprising 94% of total exports. The second position in the ranking was taken by Yemen ($X), with a 1.5% share of total exports. It was followed by Greece, with a 0.5% share.

From 2012 to 2022, the average annual growth rate of value to Libya amounted to +14.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+14.8% per year) and Greece (0.0% per year).

Export Prices by Country

In 2022, the average electric heating equipment export price amounted to $X per unit, waning by -72% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2016 an increase of 82% 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.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Greece ($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 Saudi Arabia (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Heating Equipment Imports

Imports into Egypt

In 2022, supplies from abroad of electric space heating apparatus and soil heating apparatus decreased by -82.1% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 294% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, electric heating equipment imports declined significantly to $X in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 196% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Turkey (X units) were the main suppliers of electric heating equipment imports to Egypt, with a combined 68% share of total imports. The United States, Italy, Finland and the UK lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +110.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electric space heating apparatus and soil heating apparatus to Egypt, comprising 50% of total imports. The second position in the ranking was taken by the United States ($X), with a 14% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+35.6% per year) and China (-30.9% per year).

Import Prices by Country

The average electric heating equipment import price stood at $X per unit in 2022, surging by 46% against the previous year. Overall, the import price posted a prominent increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 90% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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