Egypt: Market for Television, Video and Digital Cameras 2024

Market Size for Television, Video and Digital Cameras in Egypt

The Egyptian market for television, video and digital cameras reduced remarkably to $X in 2022, which is down by -16.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded prominent growth. Television, video and digital camera consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Television, Video and Digital Cameras

Exports from Egypt

In 2022, approx. X units of television, video and digital cameras were exported from Egypt; with a decrease of -44.1% against the previous year. Overall, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 478% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, television, video and digital camera exports fell sharply to $X in 2022. Over the period under review, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 174%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X units), Malta (X units) and the United Arab Emirates (X units) were the main destinations of television, video and digital camera exports from Egypt, with a combined 33% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malta (with a CAGR of +97.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for television, video and digital cameras exports from Egypt, comprising 17% of total exports. The second position in the ranking was held by Hungary ($X), with a 7% share of total exports. It was followed by the United Arab Emirates, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+45.7% per year) and the United Arab Emirates (+34.6% per year).

Export Prices by Country

In 2022, the average export price for television, video and digital cameras amounted to $X per unit, increasing by 2% against the previous year. Over the period under review, the export price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 56% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Television, Video and Digital Cameras

Imports into Egypt

In 2022, the amount of television, video and digital cameras imported into Egypt declined to X units, which is down by -12.5% against 2021 figures. Over the period under review, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 92%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, television, video and digital camera imports declined dramatically to $X in 2022. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 101%. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest television, video and digital camera supplier to Egypt, accounting for a 69% share of total imports. Moreover, television, video and digital camera imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +16.6%.

In value terms, China ($X) and the United Arab Emirates ($X) were the largest television, video and digital camera suppliers to Egypt.

China, with a CAGR of +15.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average import price for television, video and digital cameras stood at $X per unit in 2022, dropping by -13.1% against the previous year. Overall, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 26% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :