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Egypt - Iron or Steel Solid Fuel Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEgypt: Market for Iron Or Steel Solid Fuel Domestic Appliances 2024
Market Size for Iron Or Steel Solid Fuel Domestic Appliances in Egypt
In 2022, the Egyptian metal solid fuel appliances market decreased by 0% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption, however, saw prominent growth. Metal solid fuel appliances consumption peaked in 2022 and is likely to continue growth in the near future.
Production of Iron Or Steel Solid Fuel Domestic Appliances in Egypt
In value terms, metal solid fuel appliances production dropped slightly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 32%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.
Exports of Iron Or Steel Solid Fuel Domestic Appliances
Exports from Egypt
In 2022, overseas shipments of iron or steel solid fuel domestic appliances decreased by 0% to X units, falling for the second year in a row after two years of growth. In general, exports saw a significant contraction. The pace of growth appeared the most rapid in 2014 when exports increased by 92,850% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal solid fuel appliances exports stood at $X in 2022. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when exports increased by 365,855% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Libya (X units) was the main destination for metal solid fuel appliances exports from Egypt, accounting for a 56% share of total exports. Moreover, metal solid fuel appliances exports to Libya exceeded the volume sent to the second major destination, Jordan (X units), threefold. The third position in this ranking was held by Turkey (X units), with a 12% share.
From 2012 to 2022, the average annual growth rate of volume to Libya was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (-39.5% per year) and Turkey (+162.1% per year).
It was followed by Turkey, with a 12% share.
From 2012 to 2022, the average annual growth rate of value to Libya was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (-19.8% per year) and Turkey (+197.8% per year).
Export Prices by Country
In 2022, the average metal solid fuel appliances export price amounted to $X per unit, flattening at the previous year. Overall, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 2,690%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Turkey ($X per unit) and Jordan ($X per unit), while the average price for exports to Oman ($X per unit) and Libya ($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 Jordan (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Or Steel Solid Fuel Domestic Appliances
Imports into Egypt
In 2022, imports of iron or steel solid fuel domestic appliances into Egypt skyrocketed to X units, increasing by 1,851% against 2021. In general, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal solid fuel appliances imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 with an increase of 330%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, Turkey (X units) was the main supplier of metal solid fuel appliances to Egypt, with a 99% share of total imports. It was followed by Italy (X units), with a 0.3% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +133.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-28.2% per year) and China (-49.3% per year).
In value terms, Turkey ($X) constituted the largest supplier of iron or steel solid fuel domestic appliances to Egypt, comprising 90% of total imports. The second position in the ranking was held by Italy ($X), with a 1.9% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Turkey stood at +122.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-24.3% per year) and China (-51.3% per year).
Import Prices by Country
The average metal solid fuel appliances import price stood at $X per unit in 2022, shrinking by -91.5% against the previous year. Over the period under review, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 99%. As a result, import price attained the peak level of $X per unit, and then fell markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for metal solid fuel appliances 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 27521270 - Iron or steel solid fuel domestic appliances, including heaters, g rates, fires and braziers (excluding cooking appliances and plate warmers)
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
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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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