{"id":6739,"date":"2025-01-08T12:49:28","date_gmt":"2025-01-08T12:49:28","guid":{"rendered":"https:\/\/autoclub.app\/blog\/?p=6739"},"modified":"2025-01-14T12:56:20","modified_gmt":"2025-01-14T12:56:20","slug":"egypts-auto-imports-october-2024-report","status":"publish","type":"post","link":"https:\/\/autoclub.app\/blog\/en\/egypts-auto-imports-october-2024-report\/","title":{"rendered":"Egypt&#8217;s Auto Imports: October 2024 Report"},"content":{"rendered":"<h1>Egypt&#8217;s Auto Imports: October 2024 Report<\/h1>\n<p>Egypt&#8217;s imports of private cars experienced a significant decline for the fifth consecutive month in October 2024, dropping by 46.8% year-on-year.<\/p>\n<p>This downturn follows a period of consistent growth lasting about seven months, starting from the end of 2023.<\/p>\n<h2>Decline in Private Car Imports<\/h2>\n<p>The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed in its latest report that private car imports fell to $147.4 million in October 2024, compared to $277 million during the same month in 2023.<\/p>\n<p>This represents a sharp decrease of $129.6 million, positioning private car imports among the lowest-ranking commodities on Egypt&#8217;s October import list.<\/p>\n<h3>Growth in Auto Spare Parts<\/h3>\n<p>Conversely, the auto spare parts sector saw an 11.7% growth, reaching $58.2 million in October 2024 compared to $52.1 million in the same month of the previous year.<\/p>\n<p>This reflects an increase of $6.1 million, highlighting resilience in the spare parts market despite the downturn in finished car imports.<img fetchpriority=\"high\" decoding=\"async\" class=\" wp-image-6734 aligncenter\" src=\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2025\/01\/2022_12_27_13_38_4_966.webp\" alt=\"egypt-auto-imports-october-2024\n\" width=\"611\" height=\"382\" srcset=\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2025\/01\/2022_12_27_13_38_4_966.webp 960w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2025\/01\/2022_12_27_13_38_4_966-300x188.webp 300w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2025\/01\/2022_12_27_13_38_4_966-768x480.webp 768w, https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2025\/01\/2022_12_27_13_38_4_966-600x375.webp 600w\" sizes=\"(max-width: 611px) 100vw, 611px\" \/><\/p>\n<h3>Performance of Other Auto-Related Imports<\/h3>\n<ul>\n<li aria-level=\"1\">Goods Transport Vehicles: Imports surged by 67.4%, rising from $13.5 million in October 2023 to $22.6 million in October 2024\u2014an increase of $9.1 million.<\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\">External Tires and Inner Tubes: These imports recorded a staggering growth of 94.5%, reaching $76.4 million compared to $53.1 million in the same month last year\u2014an increase of $23.3 million.<\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\">Finished Tractors: This sector experienced exceptional growth of 211%, with imports totaling $55.7 million in October 2024, up from $17.9 million in October 2023\u2014a significant increase of $37.8 million, placing it among the highest growth commodities for the month.<\/li>\n<\/ul>\n<h3>Decline in Bus and Microbus Imports<\/h3>\n<p>In contrast, imports of finished buses, microbuses, and minibuses plummeted by 78%, dropping to $6.8 million in October 2024, compared to $30.9 million in the same period of 2023\u2014a decrease of $24.1 million.<\/p>\n<h3>Summary<\/h3>\n<p>The latest data reflects a mixed performance across Egypt\u2019s auto import sectors.<\/p>\n<p>While private car imports continue to face significant challenges, the auto spare parts, goods transport vehicles, and tractor sectors demonstrate notable resilience and growth.<\/p>\n<p>This divergence highlights evolving market dynamics and shifting import priorities within the automotive industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt&#8217;s Auto Imports: October 2024 Report Egypt&#8217;s imports of private cars experienced a significant decline for the fifth consecutive month in October 2024, dropping by 46.8% year-on-year. This downturn follows a period of consistent growth lasting about seven months, starting from the end of 2023. Decline in Private Car Imports The Central Agency for Public &hellip;<\/p>\n","protected":false},"author":2,"featured_media":6734,"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\/6739"}],"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=6739"}],"version-history":[{"count":1,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/6739\/revisions"}],"predecessor-version":[{"id":6740,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/6739\/revisions\/6740"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media\/6734"}],"wp:attachment":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media?parent=6739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/categories?post=6739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/tags?post=6739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}