Key Takeaways
- In 2022, Egypt's automotive production reached 28,450 vehicles including 18,200 passenger cars and 10,250 commercial vehicles.
- Egypt assembled 15,670 CKD kits for passenger cars in 2023, marking a 12% increase from 2022.
- Local content in Egyptian automotive manufacturing averaged 42.5% for sedans in 2021.
- Egypt's new car sales reached 92,500 units in 2023, up 22% from 2022.
- Passenger car sales in Egypt totaled 67,800 units in 2022.
- Commercial vehicle sales grew to 24,700 units in 2023.
- Egypt imported vehicles worth $1.2 billion in 2023.
- Automotive parts imports totaled $2.8 billion in 2022.
- Egypt exported 4,500 vehicles to Africa in 2023.
- Automotive employment in Egypt totals 120,000 direct jobs in 2023.
- Investments in auto sector reached $1.5 billion FDI in 2022-2023.
- 45,000 indirect jobs supported by auto industry in 2023.
- Automotive policy incentives attracted $900 million in 2023.
- Local content requirement raised to 50% for sedans by 2025.
- 10-year tax holidays for new auto factories announced 2022.
Egypt's automotive industry grows through increased production, sales, and major new investments.
Employment and Investment Statistics
- Automotive employment in Egypt totals 120,000 direct jobs in 2023.
- Investments in auto sector reached $1.5 billion FDI in 2022-2023.
- 45,000 indirect jobs supported by auto industry in 2023.
- Chinese investments in Egypt auto plants: $800 million since 2020.
- Workforce skill training programs covered 15,000 workers in 2022.
- New factory openings created 8,500 jobs in 2023.
- Auto parts sector employs 65,000 people in 2023.
- Female employment in auto assembly: 12% or 14,400 in 2022.
- $450 million invested in EV manufacturing hubs by 2024.
- Average wage in auto industry: EGP 12,500 monthly in 2023.
- 2,200 engineers employed in R&D for autos in 2023.
- Suez Canal Economic Zone auto investments: $600 million, 10,000 jobs.
- Youth employment rate in auto sector: 55% under 35 in 2022.
- Nissan expanded plant adding 1,500 jobs in 2023.
- Total sector investment since 2018: $4.2 billion.
- Vocational training centers: 25 for auto skills, training 20,000 annually.
- MG Motor investment: $100 million, 2,000 jobs created 2022.
- Labor productivity in auto assembly: 12 vehicles/worker/year 2023.
- Foreign direct investment in parts: $350 million in 2023.
- Turnover rate in auto factories: 8.5% in 2022.
- Government subsidies created 3,000 jobs via incentives 2023.
- R&D staff growth: 25% to 2,800 in 2023.
- Cluster in 6th October City employs 40,000 in 2023.
- Safety training reached 10,000 workers reducing accidents 18%.
- BMW local partner invested EGP 500 million, 500 jobs.
Employment and Investment Statistics Interpretation
Export and Import Statistics
- Egypt imported vehicles worth $1.2 billion in 2023.
- Automotive parts imports totaled $2.8 billion in 2022.
- Egypt exported 4,500 vehicles to Africa in 2023.
- CKD kit imports rose 25% to 22,000 units in 2023.
- Vehicle imports from EU countries were 35,000 units in 2022.
- Egypt's auto exports revenue hit $450 million in 2023.
- Tires imported: 3.2 million units valued at $180 million in 2022.
- Pickup exports to Sudan: 1,200 units in 2023.
- Engines import value: $650 million in 2023.
- Egypt imported 12,500 passenger cars CBU in 2022.
- Auto parts exports grew 15% to $320 million in 2023.
- Batteries imports: 1.5 million units in 2023.
- Vehicle exports to Libya reached 850 units in 2022.
- Gearboxes imported: 18,000 units valued at $95 million 2023.
- Total automotive trade deficit was $3.1 billion in 2022.
- CKD imports from China: 9,800 kits in 2023.
- Egypt exported wiring harnesses worth $45 million in 2023.
- Used vehicle imports banned, reducing volume to zero in 2023.
- Auto glass imports: 2.1 million sqm in 2022.
- Exports to Arab countries: 2,800 vehicles in 2023.
- Shock absorbers imports: 450,000 units in 2023.
- Egypt's vehicle export growth: 20% YoY in 2023 to 5,200 units.
- Radiators imported: 320,000 units valued at $28 million 2022.
- Intra-Africa exports under AfCFTA: 1,100 vehicles in 2023 pilot.
- Brake systems imports: $120 million in 2023.
Export and Import Statistics Interpretation
Policy and Infrastructure Statistics
- Automotive policy incentives attracted $900 million in 2023.
- Local content requirement raised to 50% for sedans by 2025.
- 10-year tax holidays for new auto factories announced 2022.
- AfCFTA tariff reductions on auto parts start 2024.
- EV import duties slashed to 10% from 40% in 2023.
- Infrastructure investment: $2 billion for auto logistics parks.
- Used car import ban extended indefinitely in 2022.
- CKD assembly incentives: 5% customs duty cap.
- National auto strategy targets 1 million vehicles/year by 2030.
- Free zones for auto exports expanded to 5 locations 2023.
- Fuel efficiency standards mandated for all new models 2024.
- R&D grants: EGP 1 billion allocated for auto innovation 2023.
- Logistics highways upgraded for auto transport, 500km new.
- Hybrid vehicle subsidies: up to EGP 100,000 per unit 2023.
- Supplier development program links 200 SMEs to OEMs.
- Port capacity for CKD imports doubled to 50,000 units/year.
- Emissions testing infrastructure built in 15 governorates.
- Financing schemes for auto purchases: 0% interest for 3 years.
- Tech transfer mandates in JV agreements enforced 2022.
- Warehouse facilities expanded by 1 million sqm for parts.
- Digital registry for vehicle tracking implemented 2024.
- Recycling policy: 95% recyclable materials by 2025.
- Training infrastructure: 50 new workshops nationwide.
- Tariff preferences for African exports under AfCFTA.
Policy and Infrastructure Statistics Interpretation
Production Statistics
- In 2022, Egypt's automotive production reached 28,450 vehicles including 18,200 passenger cars and 10,250 commercial vehicles.
- Egypt assembled 15,670 CKD kits for passenger cars in 2023, marking a 12% increase from 2022.
- Local content in Egyptian automotive manufacturing averaged 42.5% for sedans in 2021.
- Nissan Motor Egypt produced 8,450 Sunny models in 2022 at its 6th of October plant.
- In Q1 2024, Egypt's bus production totaled 1,230 units, up 8% YoY.
- General Motors Egypt assembled 4,200 Chevrolet T-Series trucks in 2023.
- Egypt's two-wheeler motorcycle production hit 45,000 units in 2022.
- In 2021, 3,150 electric vehicle prototypes were manufactured in Egypt's pilot EV plant.
- Truck production in Egypt reached 7,890 units in 2023, with 65% diesel-powered.
- Egypt's automotive parts manufacturing output was valued at EGP 12.5 billion in 2022.
- In 2020, passenger car production dropped to 12,340 units due to COVID-19 disruptions.
- Bahgat Group Motors produced 2,150 MG vehicles in Egypt in 2023.
- Egypt's SUV production surged to 5,670 units in 2023.
- In 2022, 1,890 hybrid vehicles were assembled under government incentives.
- Local engine production in Egypt covered 28% of total automotive needs in 2023.
- Egypt's total vehicle production capacity stands at 100,000 units annually as of 2024.
- In 2021, 9,450 CKD passenger cars were imported for assembly.
- Motorcycle assembly lines produced 12,300 units in Q4 2023.
- Egypt manufactured 2,450 pick-up trucks in 2022.
- Automotive wiring harness production reached 1.2 million units in 2023.
- In 2023, Egypt's van production totaled 3,780 units.
- Battery manufacturing for EVs output 50,000 units in 2023 pilot phase.
- Egypt's tire production for autos was 4.5 million units in 2022.
- In 2024 H1, 7,200 sedans were produced domestically.
- Gearbox assembly reached 15,000 units in 2023.
- Egypt produced 890 luxury vehicles in 2022 via partnerships.
- In 2023, 6,450 commercial vehicles used local chassis.
- Seat manufacturing output was 250,000 units for autos in 2022.
- Egypt's 2021 forklift production was 1,120 units.
- In 2023, 4,300 mid-size cars rolled off assembly lines.
Production Statistics Interpretation
Sales and Market Statistics
- Egypt's new car sales reached 92,500 units in 2023, up 22% from 2022.
- Passenger car sales in Egypt totaled 67,800 units in 2022.
- Commercial vehicle sales grew to 24,700 units in 2023.
- Nissan Sunny was the top-selling model with 18,200 units in 2023.
- Used car market volume in Egypt was 450,000 transactions in 2022.
- SUV sales surged 35% to 22,400 units in 2023.
- In Q1 2024, total vehicle sales hit 25,600 units.
- MG brand captured 12.5% market share in Egypt 2023.
- Pickup truck sales reached 8,900 units in 2022.
- Electric vehicle sales were 1,200 units in 2023.
- Bus sales in Egypt totaled 2,150 units in 2023.
- Chinese brands held 28% of Egypt's passenger car market in 2023.
- Average new car price in Egypt rose to EGP 850,000 in 2023.
- Motorcycle sales volume was 120,000 units in 2022.
- Sedan sales dominated with 45% market share in 2023.
- In 2021, total sales dipped to 76,200 units amid economic challenges.
- Hyundai captured 15% market share with 13,900 units sold in 2023.
- Van sales increased 18% to 4,500 units in 2023.
- Luxury car sales reached 1,800 units in 2022.
- In H2 2023, monthly average car sales were 7,800 units.
- Toyota Corolla sold 9,500 units in Egypt 2023.
- Market penetration of hybrids was 2.1% in 2023 sales.
- Used SUV sales hit 180,000 in 2023.
- Fiat sales grew to 6,200 units in 2022.
- Total two-wheeler sales reached 150,000 in 2023.
- In 2024 Q1, sales growth was 15% YoY to 25,600 units.
- Renault Logan sales: 7,400 units in 2023.
- Commercial vehicle market share was 27% of total sales 2023.
Sales and Market Statistics Interpretation
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