Egypt: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2025

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Egypt

The Egyptian market for equipment for scaffolding, shuttering, propping or pit propping fell slightly to $X in 2021, shrinking by -2.8% against the previous year. Over the period under review, consumption continues to indicate a perceptible expansion. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Egypt

In value terms, scaffolding, shuttering, and propping equipment production reduced modestly to $X in 2021 estimated in export price. Overall, production showed notable growth. The growth pace was the most rapid in 2018 with an increase of 83% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from Egypt

For the third year in a row, Egypt recorded decline in shipments abroad of equipment for scaffolding, shuttering, propping or pit propping, which decreased by -5.3% to X tons in 2021. Over the period under review, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by 332% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, scaffolding, shuttering, and propping equipment exports reached $X in 2021. In general, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2015 when exports increased by 354% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Tanzania (X tons) was the main destination for scaffolding, shuttering, and propping equipment exports from Egypt, with a 33% share of total exports. Moreover, scaffolding, shuttering, and propping equipment exports to Tanzania exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. Saudi Arabia (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tanzania stood at +622.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+74.9% per year) and Saudi Arabia (-0.9% per year).

In value terms, Tanzania ($X) emerged as the key foreign market for equipment for scaffolding, shuttering, propping or pit propping exports from Egypt, comprising 36% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 14% share of total exports. It was followed by Morocco, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Tanzania stood at +798.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+0.5% per year) and Morocco (+46.8% per year).

Export Prices by Country

The average export price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2021, increasing by 14% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 35%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into Egypt

In 2021, imports of equipment for scaffolding, shuttering, propping or pit propping into Egypt shrank markedly to X tons, with a decrease of -15.6% compared with 2020. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 168%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment imports fell slightly to $X in 2021. Over the period under review, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 147%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of scaffolding, shuttering, and propping equipment imports to Egypt, with a combined 69% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +55.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of equipment for scaffolding, shuttering, propping or pit propping to Egypt, comprising 39% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 13% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +34.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+45.7% per year) and China (+4.7% per year).

Import Prices by Country

The average import price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2021, jumping by 16% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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