Egypt: Electrical Insulating Fittings Market 2025

Electrical Insulating Fittings Market Size in Egypt

After three years of decline, the Egyptian electrical insulating fittings market increased by 5.7% to $X in 2022. Over the period under review, consumption posted perceptible growth. Electrical insulating fittings consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Electrical Insulating Fittings Production in Egypt

In value terms, electrical insulating fittings production skyrocketed to $X in 2022 estimated in export price. In general, production recorded temperate growth. The pace of growth appeared the most rapid in 2020 with an increase of 9,016% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Electrical Insulating Fittings Exports

Exports from Egypt

In 2022, overseas shipments of electrical insulating fittings of plastics decreased by -80.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed notable growth. The pace of growth appeared the most rapid in 2020 when exports increased by 14,416%. Over the period under review, the exports reached the maximum at X tons in 2021, and then contracted sharply in the following year.

In value terms, electrical insulating fittings exports fell dramatically to $X in 2022. In general, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 33,372% against the previous year. The exports peaked at $X in 2021, and then declined rapidly in the following year.

Exports by Country

The UK (X tons) was the main destination for electrical insulating fittings exports from Egypt, with a 67% share of total exports. Moreover, electrical insulating fittings exports to the UK exceeded the volume sent to the second major destination, Italy (X tons), sixfold. The third position in this ranking was held by Morocco (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +106.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+1,177.3% per year) and Morocco (+4,224.3% per year).

In value terms, the largest markets for electrical insulating fittings exported from Egypt were the UK ($X), Italy ($X) and Morocco ($X), with a combined 71% share of total exports. Taiwan (Chinese) and Germany lagged somewhat behind, together comprising a further 16%.

Among the main countries of destination, Taiwan (Chinese), with a CAGR of +307,240.0%, recorded the highest rates of growth with regard to 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

The average electrical insulating fittings export price stood at $X per ton in 2022, surging by 161% against the previous year. Overall, the export price recorded strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Taiwan (Chinese) ($X per ton), while the average price for exports to the UK ($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 Italy (+204.7%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulating Fittings Imports

Imports into Egypt

In 2022, supplies from abroad of electrical insulating fittings of plastics decreased by -0.4% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of 623% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, electrical insulating fittings imports rose to $X in 2022. Overall, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2017 with an increase of 700% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Vietnam (X tons) and Turkey (X tons) were the main suppliers of electrical insulating fittings imports to Egypt, together accounting for 65% of total imports. Germany, France, Italy, the Czech Republic and South Korea lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +23.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and Turkey ($X) constituted the largest electrical insulating fittings suppliers to Egypt, together comprising 65% of total imports.

Among the main suppliers, Turkey, with a CAGR of +36.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical insulating fittings import price stood at $X per ton in 2022, growing by 2.1% against the previous year. In general, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 34% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($X per ton) and the Czech Republic ($X per ton), while the price for Italy ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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