Egypt: Diagnostic Equipment Market 2025

Diagnostic Equipment Market Size in Egypt

The Egyptian diagnostic equipment market shrank remarkably to $X in 2021, waning by -45.6% 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. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Diagnostic Equipment Exports

Exports from Egypt

In 2021, overseas shipments of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus increased by 182% to X units, rising for the second consecutive year after four years of decline. In general, exports recorded a resilient increase. The growth pace was the most rapid in 2015 with an increase of 1,608% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, diagnostic equipment exports surged to $X in 2021. Over the period under review, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 710%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for diagnostic equipment exports from Egypt, accounting for a 588% share of total exports. Moreover, diagnostic equipment exports to Germany exceeded the volume sent to the second major destination, Ecuador (X units), more than tenfold. Belgium (X units) ranked third in terms of total exports with a 20% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +41.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (0.0% per year) and Belgium (-17.4% per year).

In value terms, Germany ($X) emerged as the key foreign market for electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus exports from Egypt, comprising 75% of total exports. The second position in the ranking was taken by Ecuador ($X), with a 1.6% share of total exports. It was followed by Panama, with a 1.3% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +41.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (0.0% per year) and Panama (0.0% per year).

Export Prices by Country

In 2021, the average diagnostic equipment export price amounted to $X per unit, waning by -3.8% against the previous year. Overall, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 217%. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then fell slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+1,034.3%), while the prices for the other major destinations experienced more modest paces of growth.

Diagnostic Equipment Imports

Imports into Egypt

In 2021, approx. X units of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus were imported into Egypt; reducing by -53% on the year before. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by 182% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, diagnostic equipment imports fell slightly to $X in 2021. Overall, total imports indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -17.6% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 28% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Japan (X units), Germany (X units) and Ireland (X units) were the main suppliers of diagnostic equipment imports to Egypt.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +32.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest diagnostic equipment suppliers to Egypt were China ($X), the United States ($X) and Germany ($X), together comprising 68% of total imports. South Korea, Japan, Ireland, Switzerland, Italy, Spain, the Netherlands, Taiwan (Chinese), France and Austria lagged somewhat behind, together comprising a further 21%.

Spain, with a CAGR of +41.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average diagnostic equipment import price amounted to $X per unit, increasing by 110% against the previous year. Overall, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 114%. The import price peaked at $X per unit in 2018; however, from 2019 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 China ($X per unit), while the price for Spain ($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 States (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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