Egypt: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Exports

Exports from Egypt

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exported from Egypt surged to X units, with an increase of 63% on the year before. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 4,700% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, confectionery-making industrial machinery exports skyrocketed to $X in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 6,031% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Papua New Guinea (X units) and Croatia (X units) were the main destinations of confectionery-making industrial machinery exports from Egypt, together comprising 82% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +172.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for confectionery-making industrial machinery exported from Egypt were the United States ($X), Papua New Guinea ($X) and Croatia ($X), together comprising 83% of total exports.

The United States, with a CAGR of +157.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average confectionery-making industrial machinery export price amounted to $X per unit, which is down by -12.8% against the previous year. Over the period under review, the export price, however, showed perceptible growth. The most prominent rate of growth was recorded in 2019 an increase of 207% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then shrank in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Algeria ($X per unit) and Papua New Guinea ($X per unit), while the average price for exports to Morocco ($X per unit) and Saudi Arabia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Confectionery-Making Industrial Machinery Imports

Imports into Egypt

Confectionery-making industrial machinery imports into Egypt fell notably to X units in 2022, shrinking by -30.5% against the year before. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 54% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, confectionery-making industrial machinery imports contracted remarkably to $X in 2022. In general, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of 66% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of confectionery-making industrial machinery to Egypt, accounting for a 48% share of total imports. Moreover, confectionery-making industrial machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. Japan (X units) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to -9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+6.1% per year) and Japan (+11.9% per year).

In value terms, Germany ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate to Egypt, comprising 48% of total imports. The second position in the ranking was held by Turkey ($X), with a 20% share of total imports. It was followed by Japan, with an 18% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+7.8% per year) and Japan (+184.0% per year).

Import Prices by Country

In 2022, the average confectionery-making industrial machinery import price amounted to $X per unit, dropping by -6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2019 an increase of 30%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per unit) and Japan ($X per unit), while the price for Lebanon ($X per unit) and Italy ($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 Czech Republic (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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