Egypt: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in Egypt

The Egyptian wood slicing machine market rose sharply to $X in 2021, with an increase of 11% against the previous year. Overall, consumption, however, saw a pronounced descent. Wood slicing machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wood Slicing Machine Production in Egypt

In value terms, wood slicing machine production rose sharply to $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by 17% against the previous year. Wood slicing machine production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wood Slicing Machine Exports

Exports from Egypt

In 2021, exports of splitting, slicing or paring machines from Egypt soared to X units, increasing by 360% against the year before. In general, exports, however, recorded a precipitous contraction. The growth pace was the most rapid in 2017 when exports increased by 620% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, wood slicing machine exports soared to $X in 2021. Over the period under review, exports, however, faced a deep setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for wood slicing machine exports from Egypt, with a 87% share of total exports. Moreover, wood slicing machine exports to the Netherlands exceeded the volume sent to the second major destination, Oman (X units), more than tenfold. Sudan (X units) ranked third in terms of total exports with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-8.3% per year) and Sudan (-35.3% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for splitting, slicing or paring machines exports from Egypt, comprising 96% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 1.9% share of total exports. It was followed by Sudan, with a 1.1% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+18.4% per year) and Sudan (-40.2% per year).

Export Prices by Country

In 2021, the average wood slicing machine export price amounted to $X per unit, increasing by 52% against the previous year. Overall, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 1,717% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-0.3%), while the prices for the other major destinations experienced a decline.

Wood Slicing Machine Imports

Imports into Egypt

In 2021, approx. X units of splitting, slicing or paring machines were imported into Egypt; with a decrease of -44.5% compared with 2020. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of 675% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, wood slicing machine imports fell notably to $X in 2021. Overall, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 342% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of wood slicing machine to Egypt, accounting for a 92% share of total imports. Moreover, wood slicing machine imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-15.9% per year) and Italy (-37.9% per year).

In value terms, China ($X) constituted the largest supplier of splitting, slicing or paring machines to Egypt, comprising 88% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+1.0% per year) and Italy (-35.9% per year).

Import Prices by Country

The average wood slicing machine import price stood at $X per unit in 2021, shrinking by -38.8% against the previous year. In general, the import price, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2016 an increase of 122% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+18.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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