Egypt: Portable Electric Lamp Market 2024

Portable Electric Lamp Market Size in Egypt

The Egyptian portable electric lamp market dropped to $X in 2022, stabilizing at the previous year. In general, consumption saw a perceptible shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Portable Electric Lamp Production in Egypt

In value terms, portable electric lamp production reached $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2018 when the production volume increased by 30% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Portable Electric Lamp Exports

Exports from Egypt

In 2022, exports of portable electric lamps from Egypt soared to X units, growing by 38% on the previous year's figure. In general, exports posted buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of 16,848%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, portable electric lamp exports reached $X in 2022. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 13,985% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Israel (X units) was the main destination for portable electric lamp exports from Egypt, accounting for a 48% share of total exports. Moreover, portable electric lamp exports to Israel exceeded the volume sent to the second major destination, Armenia (X units), threefold. The third position in this ranking was taken by Kenya (X units), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Israel totaled +21,815.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (0.0% per year) and Kenya (-47.3% per year).

In value terms, Israel ($X) emerged as the key foreign market for portable electric lamps exports from Egypt, comprising 48% of total exports. The second position in the ranking was held by Armenia ($X), with an 18% share of total exports. It was followed by Kenya, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Israel amounted to +15,033.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (0.0% per year) and Kenya (-54.0% per year).

Export Prices by Country

In 2022, the average portable electric lamp export price amounted to $X per unit, waning by -26.5% against the previous year. In general, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in 2019 an increase of 32%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Libya ($X per unit) and Armenia ($X per unit), while the average price for exports to Hungary ($X per unit) and Israel ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.2%), while the prices for the other major destinations experienced a decline.

Portable Electric Lamp Imports

Imports into Egypt

In 2022, supplies from abroad of portable electric lamps was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 219%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, portable electric lamp imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2014 with an increase of 259% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest portable electric lamp supplier to Egypt, with a 85% share of total imports. Moreover, portable electric lamp imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-15.7% per year) and Ireland (0.0% per year).

In value terms, China ($X) constituted the largest supplier of portable electric lamps to Egypt, comprising 87% of total imports. The second position in the ranking was held by Ireland ($X), with a 3.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to -7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (0.0% per year) and the United Arab Emirates (-6.6% per year).

Import Prices by Country

The average portable electric lamp import price stood at $X per unit in 2022, reducing by -4.7% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when the average import price increased by 41%. The import price peaked at $X per unit in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :