Egypt: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Egypt

The Egyptian non-numerically controlled drilling machine market amounted to $X in 2021, increasing by 2.6% against the previous year. Over the period under review, consumption showed moderate growth. Non-numerically controlled drilling machine consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Egypt

In value terms, non-numerically controlled drilling machine production expanded remarkably to $X in 2021 estimated in export price. Overall, production saw prominent growth. The growth pace was the most rapid in 2016 with an increase of 565% against the previous year. Non-numerically controlled drilling machine production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports from Egypt

In 2021, shipments abroad of non-numerically controlled drilling machines for working metal increased by 40% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 1,139% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, non-numerically controlled drilling machine exports reduced to $X in 2021. In general, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by 806%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ethiopia (X tons) was the main destination for non-numerically controlled drilling machine exports from Egypt, accounting for a 79% share of total exports. Moreover, non-numerically controlled drilling machine exports to Ethiopia exceeded the volume sent to the second major destination, Sudan (X tons), sixfold. India (X kg) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2021, the average annual growth rate of volume to Ethiopia stood at +85.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+77.0% per year) and India (+45.1% per year).

In value terms, Sudan ($X), Ghana ($X) and Ethiopia ($X) were the largest markets for non-numerically controlled drilling machine exported from Egypt worldwide, with a combined 85% share of total exports.

Ghana, with a CAGR of +133.9%, recorded 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

The average non-numerically controlled drilling machine export price stood at $X per ton in 2021, waning by -33.6% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 159%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Ghana ($X per ton), while the average price for exports to Ethiopia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+902.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports into Egypt

In 2021, purchases abroad of non-numerically controlled drilling machines for working metal increased by 16% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 52% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, non-numerically controlled drilling machine imports soared to $X in 2021. Over the period under review, imports saw a noticeable expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 114%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), China (X tons) and Cyprus (X tons) were the main suppliers of non-numerically controlled drilling machine imports to Egypt, with a combined 48% share of total imports. Belarus, Malaysia, the UK, the Czech Republic, Bulgaria, Turkey, Seychelles, Lebanon, Romania and France lagged somewhat behind, together comprising a further 40%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +48.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-numerically controlled drilling machine suppliers to Egypt were Italy ($X), Malaysia ($X) and China ($X), together comprising 60% of total imports. These countries were followed by Belarus, the UK, Turkey, Seychelles, France, Cyprus, Bulgaria, Romania, Lebanon and the Czech Republic, which together accounted for a further 27%.

Among the main suppliers, Belarus, with a CAGR of +57.8%, saw the highest growth rate of 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

In 2021, the average non-numerically controlled drilling machine import price amounted to $X per ton, surging by 47% against the previous year. Over the period under review, the import price continues to indicate measured growth. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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