Egypt: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2025

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Egypt

In 2022, after three years of decline, there was significant growth in the Egyptian spindles and spindle flyer market, when its value increased by 100% to $X. Overall, consumption saw a strong increase. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports from Egypt

In 2022, shipments abroad of spindles and spindle flyers, spinning ring and ring travellers was finally on the rise to reach X kg for the first time since 2018, thus ending a three-year declining trend. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2013 when exports increased by 3,129%. The exports peaked at X kg in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, spindles and spindle flyer exports surged to $X in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 3,324%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X kg) was the main destination for spindles and spindle flyer exports from Egypt, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +34.2%.

In value terms, Germany ($X) also remains the key foreign market for spindles and spindle flyers, spinning ring and ring travellers exports from Egypt.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +42.9%.

Export Prices by Country

In 2022, the average spindles and spindle flyer export price amounted to $X per ton, with a decrease of -2.5% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2015 an increase of 80% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +107.5% per year.

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports into Egypt

After three years of decline, overseas purchases of spindles and spindle flyers, spinning ring and ring travellers increased by 102% to X tons in 2022. Overall, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2013 when imports increased by 430%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, spindles and spindle flyer imports skyrocketed to $X in 2022. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 629% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest supplier of spindles and spindle flyer to Egypt, with a 42% share of total imports. Moreover, spindles and spindle flyer imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic stood at +41.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+24.6% per year) and South Korea (+31.6% per year).

In value terms, Switzerland ($X), the Czech Republic ($X) and Germany ($X) appeared to be the largest spindles and spindle flyer suppliers to Egypt, together comprising 64% of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +29.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average spindles and spindle flyer import price stood at $X per ton in 2022, reducing by -18.8% against the previous year. Overall, the import price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 90% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Japan ($X per ton) 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 (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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