Egypt: Self-Propelled Boring Machinery Market 2025

Self-Propelled Boring Machinery Market Size in Egypt

In 2022, the Egyptian self-propelled boring machinery market increased by 22% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption posted a significant expansion. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Self-Propelled Boring Machinery Exports

Exports from Egypt

After three years of decline, shipments abroad of self-propelled boring or sinking machinery decreased by -87.5% to X units in 2022. Over the period under review, exports showed a significant contraction. The growth pace was the most rapid in 2018 when exports increased by 143%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, self-propelled boring machinery exports plummeted to $X in 2022. In general, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2018 with an increase of 6,372% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for self-propelled boring machinery exports from Egypt, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia was relatively modest.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for self-propelled boring or sinking machinery exports from Egypt.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at +13.4%.

Export Prices by Country

The average self-propelled boring machinery export price stood at $X per unit in 2022, with a decrease of -7.8% against the previous year. Over the period under review, the export price showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 2,565% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +122.3% per year.

Self-Propelled Boring Machinery Imports

Imports into Egypt

In 2022, overseas purchases of self-propelled boring or sinking machinery increased by 24% to X units, rising for the second year in a row after two years of decline. Overall, imports continue to indicate prominent growth. The growth pace was the most rapid in 2016 with an increase of 217%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, self-propelled boring machinery imports expanded remarkably to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 458% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Japan (X units), South Korea (X units) and Lebanon (X units) were the main suppliers of self-propelled boring machinery imports to Egypt, with a combined 57% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +55.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Italy ($X) and Japan ($X) were the largest self-propelled boring machinery suppliers to Egypt, together accounting for 64% of total imports.

South Korea, with a CAGR of +95.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average self-propelled boring machinery import price amounted to $X per unit, shrinking by -7.8% against the previous year. In general, the import price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 127%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+94.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :