Price for Reciprocating or Rotary Internal Combustion Piston Engines in Egypt - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Egypt (CIF) - 2024
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Egypt (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Egypt
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Egypt
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Egypt (CIF) - 2024
The average import price for reciprocating or rotary internal combustion piston engineses stood at $2,267 per unit in December 2023, growing by 14% against the previous month. In general, import price indicated mild growth from January 2023 to December 2023: its price increased at an average monthly rate of +1.3% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for reciprocating or rotary internal combustion piston engineses increased by +83.5% against October 2023 indices. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 62% against the previous month. Over the period under review, average import prices attained the peak figure at $2,316 per unit in May 2023; afterwards, it flattened through to December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,644 per unit), while the price for China ($1,559 per unit) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by China (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Egypt (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $21,957 per unit, reducing by -25.3% against the previous year. In general, the export price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 5,018%. Over the period under review, the average export prices attained the peak figure at $29,385 per unit in 2021, and then declined significantly in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Sudan ($17,042 per unit) and South Sudan ($15,696 per unit), while the average price for exports to Saudi Arabia ($11,700 per unit) and Russia ($13,484 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 Russia (+101.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Egypt
In 2022, purchases abroad of reciprocating or rotary internal combustion piston engineses decreased by -69.7% to 74K units, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a precipitous setback. The growth pace was the most rapid in 2020 when imports increased by 38%. As a result, imports reached the peak of 281K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of reciprocating or rotary internal combustion piston engineses shrank sharply to $79M in 2022. In general, imports recorded a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 27%. As a result, imports attained the peak of $146M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.4 | 69.7 | 59.2 | 21.0 | -20.2% |
| Germany | 16.6 | 11.2 | 6.8 | 11.1 | -12.6% |
| United Arab Emirates | 6.9 | 7.3 | 9.3 | 9.5 | 11.2% |
| Japan | 3.6 | 4.4 | 3.9 | 8.0 | 30.5% |
| United States | 4.8 | 3.7 | 4.8 | 4.7 | -0.7% |
| South Korea | 6.4 | 6.3 | 5.0 | 4.2 | -13.1% |
| Singapore | 2.8 | 2.2 | 1.1 | 4.0 | 12.6% |
| India | 8.3 | 12.3 | 8.6 | 0.8 | -54.2% |
| Others | 23.7 | 28.5 | 17.7 | 15.4 | -13.4% |
| Total | 115 | 146 | 116 | 78.8 | -11.8% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Egypt in 2022:
- China (46.7K units)
- Germany (4.7K units)
- United Arab Emirates (3.8K units)
- United States (3.4K units)
- Japan (3.2K units)
- South Korea (1.8K units)
- Singapore (1.7K units)
- India (1.3K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Egypt
In 2022, after three years of growth, there was decline in shipments abroad of reciprocating or rotary internal combustion piston engineses, when their volume decreased by -3.9% to 147 units. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 182%. Over the period under review, the exports of hit record highs at 153 units in 2021, and then shrank modestly in the following year.
In value terms, exports of reciprocating or rotary internal combustion piston engineses soared to $2.5M in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,554%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 750 | 0% |
| Sudan | N/A | 828 | 262 | 614 | -13.9% |
| United States | N/A | 215 | 3.6 | 500 | 52.5% |
| Saudi Arabia | N/A | 0.1 | N/A | 140 | 3641.7% |
| South Sudan | N/A | N/A | N/A | 126 | 0% |
| Russia | N/A | 10.0 | 332 | 53.9 | 132.2% |
| Germany | 42.1 | N/A | 153 | 3.0 | -58.5% |
| Italy | N/A | N/A | 1,000 | N/A | 0% |
| Others | N/A | 64.9 | 388 | 336 | 127.5% |
| Total | 42.1 | 1,119 | 2,139 | 2,523 | 291.3% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Egypt in 2022:
- Spain (49.0 units)
- Sudan (36.0 units)
- United States (33.0 units)
- Saudi Arabia (12.0 units)
- South Sudan (8.0 units)
- Russia (4.0 units)
- Germany (1.0 units)
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