Egypt Electric Motor Industry Outlook 2024 - 2028

See how Egypt Electric Motor performed compared to key markets.

Key Market Indicators

Egypt's imports of DC motors are projected to climb to approximately $3.8 million by 2028, up from around $3.2 million in 2023. This represents an annual growth rate of 2.9%. Since 1999, the demand for DC motors in Egypt has been increasing at an average rate of 2.6% per year. In contrast, Egypt's exports of DC motors are expected to decline. By 2028, exports are anticipated to drop to roughly $29,500, down from about $35,300 in 2023, showing an annual decrease of 2.9%. The country has seen a significant downward trend in its DC motor supply, which has fallen by an average of 7.7% annually since 2010. In 2023, Egypt ranked 68th in DC motor exports, with Moldova surpassing it at approximately $35,300. Leading the global rankings were Germany, the United States, and France, occupying the second, third, and fourth positions, respectively.

Egypt Electric Motor Market Data and Forecasts

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