The market size for motor vehicle bumpers and bumper parts in Egypt was valued at approximately 94.249 million US dollars in 2023. From 2013 to 2019, the market exhibited moderate fluctuations, reaching a low in 2020 due to significant external impacts. A recovery began in 2021 with considerable growth, followed by a steady increase in 2022 and marginal growth in 2023. The CAGR over the past five years stands at 0.46%, indicating slow but gradual recovery and growth.
Future trends to watch for include:
- Technological advancements driving production efficiency.
- Government regulations impacting manufacturing practices and costs.
- Increased demand for vehicle maintenance and part replacements as the vehicle population grows.
- Potential disruptions from global economic fluctuations or supply chain issues.
How does Egypt rank in Motor Vehicle Bumpers and Motor Vehicle Bumper Parts Market Size Value?
| # | 42 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 13,241,000,000 | 2023 | +2.56% | +2.64% | View data |
| 2 | 2 Germany | 2,695,300,000 | 2023 | +3.08% | +1.31% | View data |
| 3 | 3 Canada | 1,901,000,000 | 2023 | +2.5% | +2.3% | View data |
| 4 | 4 United Kingdom | 1,734,800,000 | 2023 | +1.26% | +1.3% | View data |
| 5 | 5 Japan | 1,606,100,000 | 2023 | -0.56% | -1.16% | View data |
| 22 | 22 Greece | 120,560,000 | 2023 | +1.86% | +1.44% | View data |
| 23 | 23 Romania | 97,545,000 | 2023 | +0.0039% | -1.23% | View data |
| 24 | 24 Egypt | 94,249,000 | 2023 | +0.33% | +0.46% | |
| 25 | 25 Israel | 90,051,000 | 2023 | +4.14% | +5.18% | View data |
| 26 | 26 New Zealand | 86,249,000 | 2023 | +2.87% | +2.22% | View data |
