Egypt - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLifting Equipment Price in Egypt - 2023
Contents:
- Lifting Equipment Price in Egypt (CIF) - 2022
- Lifting Equipment Price in Egypt (FOB) - 2022
- Lifting Equipment Imports in Egypt
- Lifting Equipment Exports in Egypt
Lifting Equipment Price in Egypt (CIF) - 2022
In 2022, the average lifting equipment import price amounted to $24,063 per unit, rising by 29% against the previous year. Over the period under review, the import price saw significant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 298%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 Turkey ($212,393 per unit), while the price for Sweden ($6,232 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+58.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Lifting Equipment Price in Egypt (FOB) - 2022
In 2022, the average lifting equipment export price amounted to $19,895 per unit, growing by 250% against the previous year. Overall, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2014 an increase of 21,634% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Mozambique.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to 0.0% per year.
Lifting Equipment Imports in Egypt
In 2022, supplies from abroad of lifting equipment decreased by -24.4% to 31 units, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of 100%. As a result, imports attained the peak of 56 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, lifting equipment imports dropped slightly to $749K in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 138%. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Lifting Equipment in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 56.6 | 22.3 | 20.4 | 242 | 62.3% |
Turkey | 2.8 | 14.1 | 18.9 | 205 | 318.3% |
United States | 28.4 | 33.2 | 24.7 | 127 | 64.8% |
China | 0.2 | 2.5 | 22.0 | 91.9 | 671.7% |
Slovenia | 18.1 | N/A | N/A | 62.1 | 50.8% |
Sweden | 1.7 | 6.0 | 7.8 | 9.7 | 78.7% |
Belgium | 24.5 | 127 | 23.5 | N/A | -2.1% |
Austria | 32.2 | 80.7 | 59.8 | N/A | 36.3% |
United Kingdom | 25.2 | 329 | 3.8 | N/A | -61.2% |
Finland | 18.0 | 32.8 | 12.9 | N/A | -15.3% |
Poland | 91.2 | 243 | 22.7 | N/A | -50.1% |
United Arab Emirates | 6.3 | 14.9 | 33.9 | N/A | 132.0% |
Saudi Arabia | 0.5 | 3.7 | 4.9 | N/A | 213.0% |
Others | 168 | 219 | 501 | 12.3 | -58.2% |
Total | 474 | 1,129 | 756 | 749 | 16.5% |
Top Suppliers of Lifting Equipment to Egypt in 2022:
- United States (14.0 units)
- Italy (13.0 units)
- Sweden (2.0 units)
- Turkey (1.0 units)
- Slovenia (1.0 units)
- China (1.0 units)
Lifting Equipment Exports in Egypt
In 2022, overseas shipments of lifting equipment were finally on the rise to reach 54 units after two years of decline. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, lifting equipment exports skyrocketed to $1.1M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Lifting Equipment in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mozambique | N/A | N/A | N/A | 1,075 | 0% |
Spain | 47.8 | 23.7 | 10.9 | N/A | -52.2% |
Italy | 0.7 | 0.4 | 0.3 | N/A | -34.5% |
Netherlands | 0.5 | 1.3 | 2.1 | N/A | 104.9% |
Saudi Arabia | 2.6 | 1.4 | 0.9 | N/A | -41.2% |
Others | N/A | N/A | 10.9 | 0.8 | -92.7% |
Total | 51.4 | 26.8 | 25.0 | 1,075 | 175.5% |
Top Export Markets for Lifting Equipment from Egypt in 2022:
- Mozambique (54.0 units)
This report provides an in-depth analysis of the lifting equipment market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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