{"id":6618,"date":"2024-12-12T10:36:45","date_gmt":"2024-12-12T10:36:45","guid":{"rendered":"https:\/\/autoclub.app\/blog\/?p=6618"},"modified":"2024-12-12T10:40:35","modified_gmt":"2024-12-12T10:40:35","slug":"egypts-imports-of-private-cars-decline-for-the-fourth-consecutive-month-to-163-8-million","status":"publish","type":"post","link":"https:\/\/autoclub.app\/blog\/en\/egypts-imports-of-private-cars-decline-for-the-fourth-consecutive-month-to-163-8-million\/","title":{"rendered":"Egypt\u2019s Imports of Private Cars Decline for the Fourth Consecutive Month to $163.8 Million"},"content":{"rendered":"<h1>Egypt\u2019s Imports of Private Cars Decline for the Fourth Consecutive Month to $163.8 Million<\/h1>\n<p>Egypt&#8217;s private car imports recorded a significant decline for the fourth consecutive month in September 2024, according to a recent report by the Central Agency for Public Mobilization and Statistics (CAPMAS).<\/p>\n<p>The report revealed that imports of finished private cars dropped by 25.2% year-on-year, marking a sharp reversal from the growth phase that lasted approximately seven months from late 2023.<\/p>\n<p>In September 2024, the total value of private car imports amounted to $163.8 million, compared to $218.9 million during the same period in 2023, reflecting a reduction of $55.1 million.<\/p>\n<p>This places private cars among the least-imported commodities in Egypt&#8217;s September import portfolio.<\/p>\n<h2>Growth in Auto Spare Parts and Other Vehicle Imports<\/h2>\n<p>&nbsp;<\/p>\n<p>While private car imports experienced a downturn, other sectors of the automotive industry showed robust growth:<\/p>\n<ul>\n<li aria-level=\"1\">Auto Spare Parts: Imports of auto spare parts surged by 20.9% in September 2024, reaching a total value of $68.1 million, up from $56.3 million in September 2023. This represents an increase of $11.8 million.<\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\">Goods Transport Vehicles: Imports of goods transport vehicles experienced a remarkable growth of 98.6%, climbing to $29.4 million from $14.8 million in September 2023, a gain of $14.6 million.<\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\">External Tires and Inner Tubes: These imports increased by 40%, totaling $66.1 million in September 2024 compared to $47.2 million in the previous year, a rise of $18.9 million.<\/li>\n<li aria-level=\"1\">Finished Tractors: This sector recorded exceptional growth of 208.5%, with imports reaching $43.5 million compared to $14.1 million in September 2023, a significant increase of $29.4 million.<img fetchpriority=\"high\" decoding=\"async\" class=\" wp-image-5563 aligncenter\" src=\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/07\/a-81.jpg\" alt=\"egypt-car-imports-decline-september-2024\" width=\"593\" height=\"334\" srcset=\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/07\/a-81.jpg 1280w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/07\/a-81-300x169.jpg 300w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/07\/a-81-1024x576.jpg 1024w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/07\/a-81-768x432.jpg 768w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/07\/a-81-390x220.jpg 390w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/07\/a-81-600x338.jpg 600w\" sizes=\"(max-width: 593px) 100vw, 593px\" \/><\/li>\n<\/ul>\n<h3>Decline in Finished Bus and Minibus Imports<\/h3>\n<p>In contrast, imports of finished buses, microbuses, and minibuses witnessed a significant decline.<\/p>\n<p>Their value dropped by 50.8%, falling to $2.9 million in September 2024 from $5.9 million in September 2023, a decrease of $3 million.<\/p>\n<h3>Overall Imports Show Positive Growth<\/h3>\n<p>Despite the drop in private car imports, Egypt&#8217;s total imports for September 2024 increased by 16.9%, marking the third consecutive month of growth since March 2022.<\/p>\n<p>Total imports reached $7.86 billion, compared to $6.72 billion in September 2023.<\/p>\n<p>The report underscores a dynamic shift in Egypt&#8217;s import trends, reflecting growth in certain sectors while highlighting challenges in the private car segment.<\/p>\n<p>This mixed performance emphasizes the evolving nature of Egypt\u2019s trade landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s Imports of Private Cars Decline for the Fourth Consecutive Month to $163.8 Million Egypt&#8217;s private car imports recorded a significant decline for the fourth consecutive month in September 2024, according to a recent report by the Central Agency for Public Mobilization and Statistics (CAPMAS). The report revealed that imports of finished private cars dropped &hellip;<\/p>\n","protected":false},"author":2,"featured_media":5768,"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\/6618"}],"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=6618"}],"version-history":[{"count":1,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/6618\/revisions"}],"predecessor-version":[{"id":6619,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/6618\/revisions\/6619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media\/5768"}],"wp:attachment":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media?parent=6618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/categories?post=6618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/tags?post=6618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}