Egypt: Ophthalmic Instruments Market 2024

Ophthalmic Instruments Market Size in Egypt

The Egyptian ophthalmic instruments market was estimated at $X in 2021, surging by 3.3% 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). Overall, consumption, however, recorded a mild descent. Ophthalmic instruments consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Ophthalmic Instruments Exports

Exports from Egypt

In 2021, the amount of ophthalmic instruments and appliances exported from Egypt expanded rapidly to X kg, rising by 6% compared with the previous year's figure. Overall, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 158% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, ophthalmic instruments exports surged to $X in 2021. Over the period under review, exports saw modest growth. The pace of growth appeared the most rapid in 2020 when exports increased by 139%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for ophthalmic instruments exports from Egypt, with a 49% share of total exports. Moreover, ophthalmic instruments exports to the Netherlands exceeded the volume sent to the second major destination, Sudan (X kg), fourfold. Nigeria (X kg) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands amounted to +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-1.6% per year) and Nigeria (+28.0% per year).

In value terms, the largest markets for ophthalmic instruments exported from Egypt were the Netherlands ($X), Sudan ($X) and Nigeria ($X), together comprising 67% of total exports.

Nigeria, with a CAGR of +50.5%, recorded the highest growth rate of the value of exports, among 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 ophthalmic instruments export price stood at $X per ton in 2021, growing by 48% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The growth pace was the most rapid in 2019 when the average export price increased by 209%. The export price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Japan ($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 the UK (+186.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ophthalmic Instruments Imports

Imports into Egypt

In 2021, approx. X tons of ophthalmic instruments and appliances were imported into Egypt; therefore, remained relatively stable against the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 32% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, ophthalmic instruments imports skyrocketed to $X in 2021. Overall, imports, however, recorded a pronounced decline. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), Germany (X tons) and Japan (X tons) were the main suppliers of ophthalmic instruments imports to Egypt, with a combined 62% share of total imports. These countries were followed by China, the Netherlands, Italy, France and South Korea, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +16.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Japan ($X) constituted the largest ophthalmic instruments suppliers to Egypt, with a combined 68% share of total imports. These countries were followed by the Netherlands, Italy, China, France and South Korea, which together accounted for a further 17%.

In terms of the main suppliers, the Netherlands, with a CAGR of +32.9%, 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 ophthalmic instruments import price amounted to $X per ton, picking up by 30% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced downturn. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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