{"id":2690,"date":"2023-11-02T09:54:20","date_gmt":"2023-11-02T09:54:20","guid":{"rendered":"https:\/\/www.autoclub.app\/?p=2690"},"modified":"2023-12-11T10:08:10","modified_gmt":"2023-12-11T10:08:10","slug":"surge-in-egypts-private-car-imports-hits-209-8m-in-august-2023","status":"publish","type":"post","link":"https:\/\/autoclub.app\/blog\/en\/surge-in-egypts-private-car-imports-hits-209-8m-in-august-2023\/","title":{"rendered":"Surge in Egypt’s Private Car Imports Hits $209.8M in August 2023"},"content":{"rendered":"

Surge in Egypt’s Private Car Imports Hits $209.8M in August 2023<\/h1>\n

The Central Agency for Public Mobilization and Statistics (CAPMAS) has disclosed a significant increase in the importation of fully assembled private cars in Egypt for August 2023, marking a surge in the automotive sector’s import activities.<\/p>\n

The data indicates a substantial influx of private vehicles amounting to approximately $209.8 million for the month, which sharply contrasts with the $93.5 million recorded during the same month of the previous year, showcasing an increase of 124.4%.<\/p>\n

Concurrently, the CAPMAS report noted a downturn in the import of auto spare parts, registering a dip of 8.9% in August compared to the same period in 2022. The figures fell from $56.8 million to $51.7 million, reflecting a $5.1 million disparity.<\/p>\n

Overall, Egypt’s total imports for August experienced a downturn, with figures showing a descent to $7.24 billion from $8.42 billion in August 2022, marking a 15.9% decrease.<\/p>\n

The report also highlighted a 3.2% reduction in the importation of goods transport vehicles, tallying at $16.3 million in the reported month against $24.2 million in August of the previous year, a $7.9 million valuation drop.<\/p>\n

In contrast, the sector of external tires and inner tubes for transport vehicles saw a marked rise of 41.5%, climbing to $53.5 million compared to $37.8 million in the preceding year, showing an increase of nearly $15.7 million.<\/p>\n

\"egypt-car-imports-august-2023\"
#image_title<\/figcaption><\/figure>\n

Tractor imports, however, showed a stark decline of approximately 81% in August, with imports totaling $21 million, which is down from $11.6 million during the same month in 2022, showing a $9.4 million decrease.<\/p>\n

The Automotive Market Information Council (AMIC) estimated the sales in the Egyptian car market during the first nine months of the current year to be around 61,033 vehicles, a significant downturn from the 159.8 thousand vehicles sold in the same period in 2022, indicating a decline of roughly 61.8%.<\/p>\n

The sales of privately owned cars dropped by about 61%, with sales figures at approximately 45.9 thousand vehicles, a fall from 117.04 thousand cars sold in the previous year. Furthermore, bus sales plummeted to 5.7 thousand from 13.2 thousand buses in 2022, a 56.6% decline.<\/p>\n

Truck sales also saw a significant reduction, with just over 9.3 thousand trucks sold, as opposed to 26.6 thousand units in the prior comparison period, denoting a decrease of 68%.ith growth in certain areas and declines in others, signaling shifting dynamics in consumer behavior and market demands.<\/p>\n","protected":false},"excerpt":{"rendered":"

Surge in Egypt’s Private Car Imports Hits $209.8M in August 2023 The Central Agency for Public Mobilization and Statistics (CAPMAS) has disclosed a significant increase in the importation of fully assembled private cars in Egypt for August 2023, marking a surge in the automotive sector’s import activities. The data indicates a substantial influx of private …<\/p>\n","protected":false},"author":2,"featured_media":2688,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[44],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/2690"}],"collection":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/comments?post=2690"}],"version-history":[{"count":1,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/2690\/revisions"}],"predecessor-version":[{"id":2691,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/2690\/revisions\/2691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media\/2688"}],"wp:attachment":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media?parent=2690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/categories?post=2690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/tags?post=2690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}