MACTECH is more than a trade fair; it is an exclusive platform where regional manufacturers meet leading innovators in the field of metal forming, machine tools, industrial tools, welding and cutting equipment, to source machinery supplies, networking with industry players, enhance their modernization plans and get acquainted to the most evolving trends and technologies. Being the only event within the entire MENA region that is supported by the world's top industrial associations, 25th MACTECH exhibition signifies the picture-perfect exports site for metal forming, machine tools, industrial tools, welding and cutting equipment technology makers; providing widespread competition array, constant business opportunities, far-reaching media coverage and cross-industry technology transfer.

Egypt….An Incomparable Venue for Accommodating MACTECH

Egypt is the sensible investment choice, considering its relatively low-cost labor, favorable operating premise, and potentially high consumption market. Keeping in mind that Egypt has the largest population in the Middle East. The country provides an excellent platform of labor resources in the region.Since Industry is the second-largest economic sector in Egypt, so it presents a huge commercial opportunity across a broad range of sectors. The industrial sector in Egypt accounts for 30% of the country's gross domestic product (GDP) and employs more than 2.4 million people, and the sector has the highest growth potential in the Middle East and Africa. Egypt imports 95% of its machine and industrial tools and only 5% of demand is met by local manufacturers. Industrial production in Egypt is growing at over 25% per year and imports of modern technology continue to increase at an annual rate of 20%.

The Machine and Industrial tools market in Egypt is expected to increase annually by over 20% for the coming decade at least. The industrial expansion in Egypt will ensure the country remains the most attractive market for the machine tools and industrial tools in the Middle East and Africa. Egypt is the largest consumer of machine and industrial tools in the region with a market size exceeding US$ 2 billion and relying heavily on imports.

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Visitors Analysis by Nature of Business

Egypt is strategically located as a gateway to Africa, Asia and Europe. Despite being classified as a lower middle-income country, it possesses significant potential to leverage its existing agriculture, manufacturing, and services sectors. Due to its large domestic market and locational advantage, Egypt is considered as an attractive investment destination for foreign investors. Despite of challenges included elevated public debt, sluggish exports performance, below-potential private activity and productivity, Egypt is well on the road to macroeconomic stabilization and accelerated structural reforms supported by the IMF, the World Bank and other development partners.

Real GDP Growth for Egypt is forecast to increase from 2.4 percent in FY24 to 3.8 percent, 4.2 percent and 4.6 percent respectively in FY25, FY26 and FY27, driven by increased private consumption due to easing inflation and higher private investment. There is however a downside risk to overall economic performance if the ongoing shifts in global trade policy cause international supply chain disruptions and economic uncertainty, as that may hurt investor sentiment.  The recent drop in international oil and gas prices may be a relief for the policymakers as this drop is expected to ease pressure on current account, but that may also be counterbalanced by the potential subsequent decline in remittances. Strong focus of the government on structural reforms with more participation from the private sector, support from development partners, and other sources of international financing are expected to help the country meeting its macro-fiscal stability and socio-economic commitments over the near to medium term.

Egypt has traditionally been one of India's most important trading partners in the African continent. The India-Egypt Bilateral Trade Agreement has been in operation since March 1978 and is based on the MFN clause. India's merchandise exports to Egypt grew by a Compounded Annual growth Rate (CAGR) of 10.8 percent during the last five completed fiscals. It went up to USD 4.1 billion in 2022-23 but then declined to 3.41 billion in 2023-24 due to economic challenges faced by Egypt and disruption in global trade routes, particularly those affecting the Suez Canal due to geo-political conflicts in the West Asian region. India's top exported items to Egypt are Meats, Organic chemicals, Machinery and mechanical appliances, Mineral fuels, Cotton, and Iron and Steel

Following the broader merchandise trend, India's engineering exports to Egypt also recorded a 7.15 percent CAGR during the last five fiscals as it went up to USD 917 million in 2024-25 from USD 696 million in 2020-21. Engineering exports to Egypt touched its record high of USD 1.35 billion in fiscal 2021-22 immediately after the Pandemic phase, but again economic slowdown and trade disruption led to decline in shipments in subsequent years. India's major engineering exports to Egypt include Iron and steel and its products, Machinery and mechanical appliances, Auto components/parts, Electric machinery and equipment, and Aluminium and products among others. With aggressive structural reforms of the Egyptian economy, bilateral trade is expected to set a new high in the years to come.

The product profile of MACTECH is mainly comprised of Machine Tools and Hand Tools. India's exports of these two engineering product groups to Egypt taken together was recorded at USD 8.3 million in 2024-25 as against USD 7.9 million in the previous fiscal. Given India's total engineering exports to Egypt, Machine tools and hand tools have good scope to tap the market of Egypt and MACTECH is the right platform to achieve this.