Report Update Nov 1, 2024

Egypt - Hydraulic Cylinders and Systems - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Market for Hydraulic Cylinders And Systems 2024

Market Size for Hydraulic Cylinders And Systems in Egypt

In 2022, the Egyptian hydraulic cylinder and system market increased by 19% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw buoyant growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Exports of Hydraulic Cylinders And Systems

Exports from Egypt

In 2022, after two years of decline, there was significant growth in shipments abroad of hydraulic cylinders and systems, when their volume increased by 86% to X units. Over the period under review, exports saw tangible growth. The most prominent rate of growth was recorded in 2015 with an increase of 488%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic cylinder and system exports contracted sharply to $X in 2022. In general, exports, however, continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2015 with an increase of 318% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for hydraulic cylinder and system exports from Egypt, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +15.3%.

In value terms, Germany ($X) emerged as the key foreign market for hydraulic cylinders and systems exports from Egypt.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +8.8%.

Export Prices by Country

In 2022, the average hydraulic cylinder and system export price amounted to $X per unit, which is down by -62.8% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 324% against the previous year. As a result, the export price attained the peak level of $X per unit, and then dropped rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +476.9% per year.

Imports of Hydraulic Cylinders And Systems

Imports into Egypt

In 2022, overseas purchases of hydraulic cylinders and systems increased by 54% to X units, rising for the second year in a row after two years of decline. Overall, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 150%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, hydraulic cylinder and system imports shrank notably to $X in 2022. In general, imports saw a slight increase. The pace of growth was the most pronounced in 2018 with an increase of 143%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X units) constituted the largest hydraulic cylinder and system supplier to Egypt, with a 33% share of total imports. Moreover, hydraulic cylinder and system imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Germany (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at +83.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+41.7% per year) and Germany (+5.3% per year).

In value terms, Turkey ($X) constituted the largest supplier of hydraulic cylinders and systems to Egypt, comprising 33% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by Germany, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +62.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.3% per year) and Germany (-6.7% per year).

Import Prices by Country

The average hydraulic cylinder and system import price stood at $X per unit in 2022, falling by -50% against the previous year. Over the period under review, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 10%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and China ($X per unit), while the price for Italy ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-11.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydraulic cylinders and systems in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 30% share of global consumption. These countries were followed by Japan, Pakistan, Indonesia, Mexico, Russia, Brazil, Bangladesh, Germany, the UK and France, which together accounted for a further 36%.

What are the largest producers of hydraulic cylinders and systems in the world?

The country with the largest volume of hydraulic cylinder and system production was China, accounting for 24% of total volume. Moreover, hydraulic cylinder and system production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 4.3% share.

What are the leading suppliers of hydraulic cylinders and systems to Egypt?

In value terms, Germany, China and Turkey appeared to be the largest hydraulic cylinder and system suppliers to Egypt, together comprising 65% of total imports.

What are the leading importers of hydraulic cylinders and systems from Egypt?

In value terms, Belgium emerged as the key foreign market for hydraulic cylinder and system exports from Egypt, comprising 84% of total exports. The second position in the ranking was occupied by Cameroon, with an 11% share of total exports.

What is the average export price for hydraulic cylinders and systems in Egypt?

The average hydraulic cylinder and system export price stood at $212 per unit in 2021, surging by 56% against the previous year.

What is the average import price for hydraulic cylinders and systems in Egypt?

The average hydraulic cylinder and system import price stood at $35 per unit in 2021, falling by -24% against the previous year.

This report provides an in-depth analysis of the market for hydraulic cylinder and system in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28121130 - Hydraulic cylinders
Prodcom 28121630 - Hydraulic systems (power packs with actuators)

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023