Egypt: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Egypt

The Egyptian tobacco making machinery market declined markedly to $X in 2022, with a decrease of -23.1% against the previous year. In general, consumption faced a dramatic curtailment. Tobacco making machinery consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Tobacco Making Machinery Production in Egypt

In value terms, tobacco making machinery production dropped rapidly to $X in 2022 estimated in export price. Over the period under review, production faced a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 74%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Tobacco Making Machinery Exports

Exports from Egypt

In 2022, exports of machinery for the preparation or making up of tobacco from Egypt fell markedly to X units, dropping by -15.3% compared with the previous year's figure. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 88% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, tobacco making machinery exports reached $X in 2022. Over the period under review, exports saw a mild decrease. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for tobacco making machinery exports from Egypt, with a 44% share of total exports. Moreover, tobacco making machinery exports to Italy exceeded the volume sent to the second major destination, Jordan (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at +11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+2.9% per year) and France (-45.7% per year).

In value terms, Italy ($X) remains the key foreign market for machinery for the preparation or making up of tobacco exports from Egypt, comprising 47% of total exports. The second position in the ranking was taken by Jordan ($X), with a 5.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (-3.9% per year) and France (-54.5% per year).

Export Prices by Country

In 2022, the average tobacco making machinery export price amounted to $X per unit, with an increase of 19% against the previous year. Over the period under review, the export price posted a buoyant increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 89% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.1%), while the prices for the other major destinations experienced a decline.

Tobacco Making Machinery Imports

Imports into Egypt

In 2022, imports of machinery for the preparation or making up of tobacco into Egypt declined sharply to X units, reducing by -99.7% against 2021. In general, imports recorded a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 8,229%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, tobacco making machinery imports shrank notably to $X in 2022. Overall, imports showed a sharp decline. The growth pace was the most rapid in 2021 when imports increased by 8,301% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units) and Thailand (X units) were the main suppliers of tobacco making machinery imports to Egypt. Moreover, tobacco making machinery imports in the United States exceeded the figures recorded by the second-largest supplier, Thailand, twofold.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of 0.0%).

In value terms, the United States ($X) constituted the largest supplier of machinery for the preparation or making up of tobacco to Egypt, comprising 76% of total imports. The second position in the ranking was held by Thailand ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled -33.5%.

Import Prices by Country

The average tobacco making machinery import price stood at $X per unit in 2022, falling by -1.7% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco making machinery import price decreased by +0.3% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 96%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+360.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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