Egypt: Grinding Machine Market 2024

Grinding Machine Market Size in Egypt

The Egyptian grinding machine market reduced modestly to $X in 2021, dropping by -2.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a relatively flat trend pattern. Grinding machine consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Grinding Machine Exports

Exports from Egypt

In 2021, exports of machines having individual functions, for mixing, kneading, crushing or grinding from Egypt soared to X units, jumping by 206% against the year before. Overall, exports posted a moderate increase. The growth pace was the most rapid in 2016 with an increase of 1,200% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, grinding machine exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2016 when exports increased by 940% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

Saudi Arabia (X units), Iraq (X units) and Israel (X units) were the main destinations of grinding machine exports from Egypt, together accounting for 65% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of +92.6%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Libya ($X) and Iraq ($X) were the largest markets for grinding machine exported from Egypt worldwide, with a combined 74% share of total exports. Israel, Sudan, Zambia and the United Arab Emirates lagged somewhat behind, together comprising a further 22%.

Among the main countries of destination, Sudan, with a CAGR of +462.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average grinding machine export price amounted to $X per unit, with an increase of 38% against the previous year. Over the period under review, the export price posted pronounced growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 353%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Libya ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+105.8%), while the prices for the other major destinations experienced more modest paces of growth.

Grinding Machine Imports

Imports into Egypt

In 2021, approx. X units of machines having individual functions, for mixing, kneading, crushing or grinding were imported into Egypt; falling by -13.7% against 2020 figures. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 58% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, grinding machine imports stood at $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 19% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest grinding machine supplier to Egypt, with a 50% share of total imports. Moreover, grinding machine imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was held by China (X units), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+13.9% per year) and China (+12.0% per year).

In value terms, Germany ($X), Italy ($X) and China ($X) were the largest grinding machine suppliers to Egypt, together accounting for 60% of total imports. The Czech Republic, India and the UK lagged somewhat behind, together comprising a further 9.9%.

Among the main suppliers, the Czech Republic, with a CAGR of +52.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average grinding machine import price stood at $X per unit in 2021, picking up by 24% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 31%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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