Egypt: Steam Turbine Market 2025

Steam Turbine Market Size in Egypt

After seven years of growth, the Egyptian steam turbine market decreased by -4% to $X in 2021. In general, consumption posted a significant expansion. Steam turbine consumption peaked at $X in 2020, and then reduced in the following year.

Steam Turbine Production in Egypt

In value terms, steam turbine production fell to $X in 2021 estimated in export price. Overall, production continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 1,124% against the previous year. Steam turbine production peaked at $X in 2020, and then fell in the following year.

Steam Turbine Exports

Exports from Egypt

After two years of decline, shipments abroad of steam turbines and other vapor turbines increased by 75% to X units in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 800% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, steam turbine exports skyrocketed to $X in 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 3,732%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units) was the main destination for steam turbine exports from Egypt, with a 92% share of total exports. Moreover, steam turbine exports to the Czech Republic exceeded the volume sent to the second major destination, France (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic was relatively modest.

In value terms, France ($X) emerged as the key foreign market for steam turbines and other vapor turbines exports from Egypt, comprising 34% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

The average steam turbine export price stood at $X per unit in 2021, increasing by 26% against the previous year. Overall, the export price recorded significant growth. The growth pace was the most rapid in 2015 an increase of 8,521% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to the Czech Republic amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+11.2%).

Steam Turbine Imports

Imports into Egypt

In 2021, supplies from abroad of steam turbines and other vapor turbines increased by 28% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports enjoyed a prominent increase. The growth pace was the most rapid in 2017 when imports increased by 1,551%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, steam turbine imports rose remarkably to $X in 2021. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 3,471%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of steam turbine to Egypt, accounting for a 90% share of total imports. Moreover, steam turbine imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +166.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-7.5% per year) and Germany (+15.8% per year).

In value terms, China ($X) constituted the largest supplier of steam turbines and other vapor turbines to Egypt, comprising 87% of total imports. The second position in the ranking was taken by Japan ($X), with a 5.9% share of total imports. It was followed by Germany, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +219.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+10.1% per year) and Germany (+18.6% per year).

Import Prices by Country

The average steam turbine import price stood at $X per unit in 2021, declining by -12.8% against the previous year. Over the period under review, the import price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 116% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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