Report Update Nov 1, 2024

Egypt - Self-Propelled Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Self-Propelled Boring Machinery Market 2024

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) :

What are the largest markets for self-propelled boring or sinking machinery in the world?

The countries with the highest volumes of in 2021 were India, China and the United States, with a combined 34% share of global consumption. Syrian Arab Republic, Togo, Australia, Egypt, Indonesia, South Africa, Iran, Japan and Canada lagged somewhat behind, together accounting for a further 32%.

What are the largest producers of self-propelled boring or sinking machinery in the world?

The countries with the highest volumes of in 2021 were Italy, Germany and China, with a combined 45% share of global production. Sweden, Finland, Austria, the United States, France, Indonesia, Japan and the Netherlands lagged somewhat behind, together comprising a further 44%.

What are the leading suppliers of self-propelled boring or sinking machinery to Egypt?

In value terms, Italy, South Korea and Germany constituted the largest self-propelled boring machinery suppliers to Egypt, together comprising 61% of total imports. These countries were followed by the United States, Japan, China, Malaysia, Canada, Austria, Australia, Turkey, Ireland and Greece, which together accounted for a further 27%.

What are the leading importers of self-propelled boring or sinking machinery from Egypt?

In value terms, Canada remains the key foreign market for self-propelled boring machinery exports from Egypt.

What is the average export price for self-propelled boring or sinking machinery in Egypt?

The average self-propelled boring machinery export price stood at $106,058 per unit in 2021, jumping by 21% against the previous year.

What is the average import price for self-propelled boring or sinking machinery in Egypt?

In 2021, the average self-propelled boring machinery import price amounted to $18,777 per unit, waning by -3.3% against the previous year.

This report provides an in-depth analysis of the self-propelled boring machinery market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28921253 - Self-propelled boring or sinking machinery

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023