Experts: Car Prices in Egypt Expected to Stabilize in Q3
Market experts in Egypt’s automotive sector expect car prices to witness relative stability during the third quarter of the year, supported by several key factors, including improved supply availability, a more stable exchange rate, and increased local assembly activities, according to insights and data analysis from Biddex.This outlook comes as the Egyptian automotive market continues to rebalance after periods of significant price volatility driven by global supply chain disruptions and fluctuations in import activity.Biddex: Market Data Signals a Trend Toward Price StabilizationAccording to the data team at Biddex, Egypt’s automotive market has begun to show clear signs of reduced price volatility compared to previous years, with a relative stabilization in average prices across several key segments, particularly economy cars and compact SUVs.The data also indicates that the pace of price increases has slowed in recent months, with certain models remaining stable while others—especially fully imported vehicles—continue to experience limited fluctuations