Egypt: Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems 2024

Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Egypt

The Egyptian market for window or wall air conditioning systems, self-contained or split-systems skyrocketed to $X in 2022, picking up by 17% 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). Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Exports from Egypt

Exports of window or wall air conditioning systems, self-contained or split-systems from Egypt shrank notably to X units in 2022, falling by -23.2% on 2021 figures. In general, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of 79% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems fell rapidly to $X in 2022. Over the period under review, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 72%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Libya (X units) was the main destination for exports of window or wall air conditioning systems, self-contained or split-systems from Egypt, accounting for a 39% share of total exports. Moreover, exports of window or wall air conditioning systems, self-contained or split-systems to Libya exceeded the volume sent to the second major destination, Tunisia (X units), twofold. Iraq (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Libya stood at -9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+27.5% per year) and Iraq (-1.1% per year).

In value terms, Libya ($X) remains the key foreign market for window or wall air conditioning systems, self-contained or split-systems exports from Egypt, comprising 39% of total exports. The second position in the ranking was held by Tunisia ($X), with a 17% share of total exports. It was followed by Iraq, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Libya amounted to -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+25.8% per year) and Iraq (-2.5% per year).

Export Prices by Country

In 2022, the average export price for window or wall air conditioning systems, self-contained or split-systems amounted to $X per unit, with a decrease of -21.7% against the previous year. Over the period under review, the export price saw a mild downturn. The growth pace was the most rapid in 2021 an increase of 57% against the previous year. As a result, the export price reached the peak level of $X per unit, and then contracted notably in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Sudan ($X per unit) and Libya ($X per unit), while the average price for exports to Morocco ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Imports into Egypt

In 2022, after two years of decline, there was significant growth in purchases abroad of window or wall air conditioning systems, self-contained or split-systems, when their volume increased by 13% to X units. Overall, imports, however, showed a slight shrinkage. The growth pace was the most rapid in 2015 when imports increased by 54%. Over the period under review, imports of hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems amounted to $X in 2022. Over the period under review, imports, however, continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2018 when imports increased by 38% against the previous year. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Turkey (X units) and Saudi Arabia (X units) were the main suppliers of imports of window or wall air conditioning systems, self-contained or split-systems to Egypt, with a combined 94% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +128.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Turkey ($X) and Saudi Arabia ($X) appeared to be the largest window, wall, or split air conditioning system suppliers to Egypt, with a combined 94% share of total imports.

Turkey, with a CAGR of +128.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for window or wall air conditioning systems, self-contained or split-systems amounted to $X per unit, with a decrease of -8.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 76%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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