Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt - 2023

Contents:

  1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt
  4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt (CIF) - 2022

The average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $118,557 per ton in 2022, falling by -3.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $122,706 per ton in 2021, and then declined slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($176,000 per ton) and South Korea ($132,000 per ton), while the price for the United States ($118,321 per ton) and Switzerland ($118,406 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $49,965 per ton, rising by 99% against the previous year. Overall, the export price showed a measured expansion. The pace of growth was the most pronounced in 2019 an increase of 697% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($54,733 per ton), while the average price for exports to the United Arab Emirates ($3,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt

In 2022, supplies from abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -27.5% to 4.5 tons, falling for the second consecutive year after two years of growth. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 61% against the previous year. As a result, imports attained the peak of 6.4 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses fell markedly to $537K in 2022. Overall, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 58%.

Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China223319241148-12.8%
Germany74.314411810913.6%
Italy36.325.347.270.824.9%
Japan0.211.013.950.8533.3%
India13.89.025.632.633.2%
Switzerland2.47.213.131.5135.9%
United States5.920.922.825.462.7%
Sweden19.243.640.217.2-3.6%
Austria39.946.98.616.4-25.6%
South Korea17.223.61090.1-82.0%
Others40.097.012836.1-3.4%
Total4727477685374.4%

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Egypt in 2022:

  1. China (1246.0 kg)
  2. Germany (918.0 kg)
  3. Italy (597.0 kg)
  4. Japan (428.0 kg)
  5. India (275.0 kg)
  6. Switzerland (266.0 kg)
  7. United States (215.0 kg)
  8. Sweden (145.0 kg)
  9. Austria (138.0 kg)
  10. South Korea (1.0 kg)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt

In 2022, the amount of machine-tools; parts and accessories, tool holders and self-opening dieheadses exported from Egypt reduced notably to 346 kg, which is down by -90.5% on the previous year's figure. Over the period under review, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 8,569% against the previous year. As a result, the exports attained the peak of 3.6 tons, and then shrank sharply in the following year.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses declined dramatically to $17K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 5,883%. As a result, the exports attained the peak of $91K, and then contracted remarkably in the following year.

Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A16.00%
ThailandN/AN/AN/A0.40%
SwitzerlandN/AN/AN/A0.30%
United Arab EmiratesN/AN/AN/A0.10%
NigeriaN/AN/A76.2N/A0%
ChinaN/AN/A4.5N/A0%
Denmark4.4N/AN/AN/A0%
GermanyN/A0.23.6N/A1700.0%
Others4.21.47.00.6-47.7%
Total8.61.591.417.326.2%

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Egypt in 2022:

  1. France (292.0 kg)
  2. Switzerland (26.0 kg)
  3. United Arab Emirates (15.0 kg)
  4. Thailand (8.0 kg)

Source: IndexBox Market Intelligence Platform

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