{"id":3116,"date":"2023-12-09T11:53:58","date_gmt":"2023-12-09T11:53:58","guid":{"rendered":"https:\/\/www.autoclub.app\/?p=3116"},"modified":"2023-12-23T12:03:27","modified_gmt":"2023-12-23T12:03:27","slug":"egypts-automotive-landscape-surge-in-car-and-spare-parts-imports-in-september","status":"publish","type":"post","link":"https:\/\/autoclub.app\/blog\/en\/egypts-automotive-landscape-surge-in-car-and-spare-parts-imports-in-september\/","title":{"rendered":"&#8220;Egypt&#8217;s Automotive Landscape: Surge in Car and Spare Parts Imports in September&#8221;"},"content":{"rendered":"<h1>&#8220;Egypt&#8217;s Automotive Landscape: Surge in Car and Spare Parts Imports in September&#8221;<\/h1>\n<h2>Introduction:<\/h2>\n<p>The import dynamics in Egypt&#8217;s automotive sector witnessed remarkable shifts in September, as outlined in the monthly report by the Central Agency for Public Mobilization and Statistics.<\/p>\n<h3>1. Soaring Private Car Imports: A 156.6% Surge<\/h3>\n<p>Egypt experienced a substantial surge in the import of privately-owned cars, marking a staggering 156.6% increase. The value of imported owner cars reached $199.7 million, compared to $77.8 million in the same period last year.<\/p>\n<h3>2. Upward Trend in Auto Spare Parts Imports: 11.1% Growth<\/h3>\n<p>The report highlighted an 11.1% increase in the import of auto spare parts in September compared to the previous year. The total value amounted to $49.4 million, reflecting a $5 million rise from September 2022.<\/p>\n<h3>3. Overall Dip in Egyptian Imports: 16.5% Decline<\/h3>\n<p>Despite the surges in specific sectors, Egypt&#8217;s overall imports experienced a decline of 16.5%. The total import bill for September was $6.08 billion, down from $7.28 billion in September 2022.<\/p>\n<h3>4. Slump in Goods Transport Vehicles Imports: 49.3% Decrease<\/h3>\n<p>Imports of goods transport vehicles witnessed a sharp decline of 49.3%. September recorded imports worth $14.6 million, down from $28.8 million in September 2022.<\/p>\n<h3>5. Drastic Drop in Tires and Tubes Imports: 84.2% Decrease<\/h3>\n<p>Imports of external tires and inner tubes for transportation registered a notable decrease of 84.2%, amounting to $4.2 million, down from $26.6 million.<\/p>\n<h3>6. Surge in Tractors as Complete Units: 130% Increase<\/h3>\n<p>Conversely, there was a significant increase of 130% in the imports of tractors as complete units during September, reaching $12.2 million compared to $5.3 million in September 2022.<\/p>\n<figure id=\"attachment_3114\" aria-describedby=\"caption-attachment-3114\" style=\"width: 503px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\" wp-image-3114\" src=\"https:\/\/www.autoclub.app\/wp-content\/uploads\/2023\/12\/gmrk.jpg\" alt=\"egypt-auto-imports-september-report\" width=\"503\" height=\"377\" srcset=\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2023\/12\/gmrk.jpg 1024w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2023\/12\/gmrk-300x225.jpg 300w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2023\/12\/gmrk-768x576.jpg 768w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2023\/12\/gmrk-600x450.jpg 600w\" sizes=\"(max-width: 503px) 100vw, 503px\" \/><figcaption id=\"caption-attachment-3114\" class=\"wp-caption-text\">#image_title<\/figcaption><\/figure>\n<h3>7. AMIC Report: Decline in Overall Car Sales by 58.5%<\/h3>\n<p>The Automotive Market Information Council (AMIC) reported a substantial decline of about 58.5% in total car sales in Egypt during the first 10 months of the year, dropping from 168.8 thousand cars in 2022 to over 70,000 cars.<\/p>\n<h3>8. Plunge in Bus and Truck Sales: 53.9% and 67% Decrease<\/h3>\n<p>Bus sales witnessed a decline of 53.9%, with 6.7 thousand buses sold in 10 months compared to 14.6 thousand buses in 2022. Truck sales also plummeted by 67%, recording the sale of over 10.3 thousand trucks compared to 31.1 thousand units in the same period of comparison.<\/p>\n<p>These fluctuations paint a vivid picture of the changing tides in Egypt&#8217;s automotive market, reflecting both challenges and opportunities for the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Egypt&#8217;s Automotive Landscape: Surge in Car and Spare Parts Imports in September&#8221; Introduction: The import dynamics in Egypt&#8217;s automotive sector witnessed remarkable shifts in September, as outlined in the monthly report by the Central Agency for Public Mobilization and Statistics. 1. Soaring Private Car Imports: A 156.6% Surge Egypt experienced a substantial surge in the &hellip;<\/p>\n","protected":false},"author":2,"featured_media":3114,"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\/3116"}],"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=3116"}],"version-history":[{"count":1,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/3116\/revisions"}],"predecessor-version":[{"id":3117,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/3116\/revisions\/3117"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media\/3114"}],"wp:attachment":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media?parent=3116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/categories?post=3116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/tags?post=3116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}