Egypt: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in Egypt

The Egyptian scrapers excavator market plummeted to $X in 2022, declining by -91.9% 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). Over the period under review, consumption continues to indicate a sharp slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Scrapers Excavator Exports

Exports from Egypt

In 2022, overseas shipments of scrapers earth moving, excavating, extracting machinery (not self-propelled) decreased by -3.3% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 775%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, scrapers excavator exports reduced to $X in 2022. In general, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by 740%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium (X units) and Italy (X units) were the main destinations of scrapers excavator exports from Egypt.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of 0.0%).

In value terms, Belgium ($X) emerged as the key foreign market for scrapers earth moving, excavating, extracting machinery (not self-propelled) exports from Egypt, comprising 56% of total exports. The second position in the ranking was held by Italy ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and Kuwait (-22.9% per year).

Export Prices by Country

The average scrapers excavator export price stood at $X per unit in 2022, shrinking by -2.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 213% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Kuwait ($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 Kuwait (+14.3%).

Scrapers Excavator Imports

Imports into Egypt

In 2022, approx. X units of scrapers earth moving, excavating, extracting machinery (not self-propelled) were imported into Egypt; shrinking by -86% against the previous year. In general, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 210%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, scrapers excavator imports dropped dramatically to $X in 2022. Overall, imports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 197% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest scrapers excavator supplier to Egypt, with a 44% share of total imports. Moreover, scrapers excavator imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. The third position in this ranking was held by Austria (X units), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-22.1% per year) and Austria (+14.9% per year).

In value terms, the largest scrapers excavator suppliers to Egypt were Japan ($X), Austria ($X) and the United Arab Emirates ($X), together comprising 65% of total imports.

Austria, with a CAGR of +11.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average scrapers excavator import price amounted to $X per unit, with a decrease of -3.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 16%. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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