Egypt: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Egypt

The Egyptian electronic lamp machine market soared to $X in 2021, rising by 34% against the previous year. In general, consumption saw a buoyant expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Electronic Lamp Machine Production in Egypt

In value terms, electronic lamp machine production rose modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -10.5% against 2018 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 23% against the previous year. Electronic lamp machine production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Electronic Lamp Machine Exports

Exports from Egypt

In 2021, shipments abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -82.2% to X units, falling for the third year in a row after three years of growth. Overall, exports showed a significant contraction. The growth pace was the most rapid in 2018 when exports increased by 245%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, electronic lamp machine exports shrank notably to $X in 2021. Over the period under review, exports recorded a sharp downturn. The growth pace was the most rapid in 2018 with an increase of 367%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Chile (X units) was the main destination for electronic lamp machine exports from Egypt, accounting for a 87% share of total exports. Moreover, electronic lamp machine exports to Chile exceeded the volume sent to the second major destination, France (X units), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Chile was relatively modest.

In value terms, Chile ($X) emerged as the key foreign market for electronic lamp machine exports from Egypt, comprising 86% of total exports. The second position in the ranking was taken by France ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile was relatively modest.

Export Prices by Country

In 2021, the average electronic lamp machine export price amounted to $X per unit, which is down by -38.7% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 963%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Chile ($X per unit), while the average price for exports to France stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-21.6%).

Electronic Lamp Machine Imports

Imports into Egypt

In 2021, approx. X units of machines for electric or electronic lamps, tubes, valves or flashbulbs were imported into Egypt; growing by 63% against 2020. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 1,360% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, electronic lamp machine imports skyrocketed to $X in 2021. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 985%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

The UK (X units), Italy (X units) and China (X units) were the main suppliers of electronic lamp machine imports to Egypt, together accounting for 89% of total imports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +70.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of electronic lamp machine to Egypt, comprising 47% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 15% share of total imports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +37.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+30.4% per year) and the UK (+23.0% per year).

Import Prices by Country

In 2021, the average electronic lamp machine import price amounted to $X per unit, shrinking by -3.1% against the previous year. In general, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 30%. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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