Egypt: Sportswear Market 2024

Sportswear Market Size in Egypt

The Egyptian sportswear market declined to $X in 2021, shrinking by -5.3% against the previous year. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Sportswear Production in Egypt

In value terms, sportswear production reached $X in 2021 estimated in export price. Overall, production saw a pronounced setback. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Sportswear Exports

Exports from Egypt

In 2021, overseas shipments of track suits, ski suits and swimwear increased by 118% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports enjoyed a notable increase. The pace of growth appeared the most rapid in 2019 when exports increased by 1,979%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, sportswear exports surged to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 760% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; afterwards, it flattened through to 2021.

Exports by Country

The United States (X units) was the main destination for sportswear exports from Egypt, with a 90% share of total exports. Moreover, sportswear exports to the United States exceeded the volume sent to the second major destination, Sudan (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +36.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+131.4% per year) and Saudi Arabia (+88.0% per year).

In value terms, the United States ($X) remains the key foreign market for track suits, ski suits and swimwear exports from Egypt, comprising 81% of total exports. The second position in the ranking was held by Sudan ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +38.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+117.6% per year) and Saudi Arabia (+96.6% per year).

Export Prices by Country

In 2021, the average sportswear export price amounted to $X per unit, increasing by 33% against the previous year. In general, the export price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 97%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Sudan ($X per unit), while the average price for exports to the United States ($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 Greece (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sportswear Imports

Imports into Egypt

In 2021, supplies from abroad of track suits, ski suits and swimwear was finally on the rise to reach X units for the first time since 2015, thus ending a five-year declining trend. In general, imports, however, faced a abrupt setback. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, sportswear imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a deep slump. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units) constituted the largest supplier of sportswear to Egypt, with a 68% share of total imports. Moreover, sportswear imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by Turkey (X units), with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-24.0% per year) and Turkey (+95.3% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of track suits, ski suits and swimwear to Egypt, comprising 74% of total imports. The second position in the ranking was held by China ($X), with a 9.8% share of total imports. It was followed by Turkey, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-25.6% per year) and Turkey (+88.2% per year).

Import Prices by Country

In 2021, the average sportswear import price amounted to $X per unit, surging by 3.7% against the previous year. In general, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sportswear import price decreased by -35.3% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 42%. Over the period under review, average import prices hit record highs 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, the country with the highest price was Saudi Arabia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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