Egypt: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Egypt

In 2022, the Egyptian market for spray guns and similar appliances was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Spray Guns And Similar Appliances

Exports from Egypt

In 2022, approx. X units of spray guns and similar appliances were exported from Egypt; shrinking by -48.3% compared with the previous year's figure. Over the period under review, exports recorded a sharp decline. Over the period under review, the exports reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances exports reduced sharply to $X in 2022. Overall, exports showed a dramatic setback. The smallest decline of -49.7% was in 2021. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for spray guns and similar appliances exports from Egypt, with a 96% share of total exports. It was followed by Sudan (X units), with a 2% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (0.0% per year) and Saudi Arabia (0.0% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for spray guns and similar appliances exports from Egypt, comprising 96% of total exports. The second position in the ranking was held by Sudan ($X), with a 2% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (0.0% per year) and Saudi Arabia (0.0% per year).

Export Prices by Country

In 2022, the average export price for spray guns and similar appliances amounted to $X per unit, waning by -12.9% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2021 an increase of 2.9%. As a result, the export price attained the peak level of $X per unit, and then dropped in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Sudan ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Egypt

In 2022, supplies from abroad of spray guns and similar appliances increased by 28% to X units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances imports surged to $X in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of spray guns and similar appliances to Egypt, accounting for a 71% share of total imports. Moreover, spray guns and similar appliances imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. Italy (X units) ranked third in terms of total imports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.5% per year) and Italy (-4.0% per year).

In value terms, China ($X) constituted the largest supplier of spray guns and similar appliances to Egypt, comprising 71% of total imports. The second position in the ranking was held by the United States ($X), with a 9.5% share of total imports. It was followed by Italy, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.6% per year) and Italy (-2.1% per year).

Import Prices by Country

In 2022, the average import price for spray guns and similar appliances amounted to $X per unit, surging by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per unit) and the United States ($X per unit), while the price for China ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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