Crawler Tractor Market in Egypt
Market Overview
For the third year in a row, the Egyptian crawler tractor market recorded growth in sales value, which increased by 
% to $ in . Overall, consumption, however, saw a deep setback. Over the period under review, the market reached the peak level at $ in 2008; however, from 2009 to , consumption failed to regain momentum.
In value terms, crawler tractor production amounted to $ in estimated in export price. In general, production saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2016; however, from 2017 to , production stood at a somewhat lower figure.
% to $ in . Overall, consumption, however, saw a deep setback. Over the period under review, the market reached the peak level at $ in 2008; however, from 2009 to , consumption failed to regain momentum.In value terms, crawler tractor production amounted to $
in estimated in export price. In general, production saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2016; however, from 2017 to , production stood at a somewhat lower figure.Consumption
In , after three years of growth, there was significant decline in consumption of crawler tractors, when its volume decreased by -% to units. In general, consumption continues to indicate a abrupt curtailment. Crawler tractor consumption peaked at units in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
The revenue of the crawler tractor market in Egypt reduced notably to $ in , shrinking by -% 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). Over the period under review, consumption continues to indicate a abrupt contraction. Over the period under review, the market reached the peak level at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
, after three years of growth, there was significant decline in consumption of crawler tractors, when its volume decreased by -% to units. In general, consumption continues to indicate a abrupt curtailment. Crawler tractor consumption peaked at units in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.The revenue of the crawler tractor market in Egypt reduced notably to $
in , shrinking by -% 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). Over the period under review, consumption continues to indicate a abrupt contraction. Over the period under review, the market reached the peak level at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for crawler tractor in Egypt, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to units by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Trade Balance
Egypt remains a net importer of crawler tractor; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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