Market Size of Egypt Automotive Engine Oils Industry
Study Period | 2015 - 2026 |
Base Year For Estimation | 2020 |
Forecast Data Period | 2024 - 2026 |
Historical Data Period | 2015 - 2019 |
CAGR (2024 - 2026) | 3.49 % |
Market Concentration | High |
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Egypt Automotive Engine Oils Market Analysis
The Egypt Automotive Engine Oils Market size is estimated at 327.46 Million Liters in 2024, and is expected to reach 350.70 Million Liters by 2026, growing at a CAGR of 3.49% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : Egypt's commercial vehicle category consumes the most engine oil since it has around 1.78 million CVs, with a high proportion of outdated CVs with higher service needs.
- Fastest Segment by Vehicle Type - Motorcycles : Egypt is expected to have the fastest rise in motorcycle engine oil consumption, owing to a strong rebound in low-cost motorcycle sales and increased travel rates.