Egypt: Poultry Incubator Market 2024

Poultry Incubator Exports

Exports from Egypt

In 2022, shipments abroad of poultry incubators and brooders increased by 80% to X units, rising for the second consecutive year after two years of decline. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 88% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, poultry incubator exports shrank markedly to $X in 2022. In general, exports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 232%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for poultry incubator exports from Egypt, with a 59% share of total exports. Moreover, poultry incubator exports to the United Arab Emirates exceeded the volume sent to the second major destination, Libya (X units), fourfold. Iraq (X units) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (0.0% per year) and Iraq (0.0% per year).

In value terms, Libya ($X), the United Arab Emirates ($X) and Iraq ($X) were the largest markets for poultry incubator exported from Egypt worldwide, together accounting for 58% of total exports. Qatar, Israel, Jordan and Tunisia lagged somewhat behind, together accounting for a further 41%.

In terms of the main countries of destination, Israel, with a CAGR of +74.1%, recorded 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 2022, the average poultry incubator export price amounted to $X per unit, declining by -55.8% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 65% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Incubator Imports

Imports into Egypt

After five years of growth, supplies from abroad of poultry incubators and brooders decreased by -68.4% to X units in 2022. Overall, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2020 with an increase of 105% against the previous year. Imports peaked at X units in 2021, and then fell dramatically in the following year.

In value terms, poultry incubator imports shrank markedly to $X in 2022. Over the period under review, imports recorded a pronounced slump. The growth pace was the most rapid in 2020 when imports increased by 98%. Over the period under review, imports hit record highs at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

In 2022, Spain (X units) constituted the largest supplier of poultry incubator to Egypt, with a 75% share of total imports. Moreover, poultry incubator imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X units), ninefold. The third position in this ranking was held by Italy (X units), with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +42.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.6% per year) and Italy (-10.1% per year).

In value terms, Spain ($X) constituted the largest supplier of poultry incubators and brooders to Egypt, comprising 75% of total imports. The second position in the ranking was taken by Germany ($X), with an 8.4% share of total imports. It was followed by Italy, with an 8% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +43.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.3% per year) and Italy (-9.8% per year).

Import Prices by Country

The average poultry incubator import price stood at $X per unit in 2022, with an increase of 6.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 16%. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per unit) and Belgium ($X per unit), while the price for Italy ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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