The Export Council for Medical Industries - ECMI Dr. Awad Gabr Chairman Content • • • • • • • • ECMI role ECMI vision and mission ECMI goals and objectives ECMI services’ facilitator ECMI stakeholders and partners Medical sector drivers The sectors’ projection - 2013 The sector exports’ development (actual) ECMI role ECMI is designated by the Minister of Industry and foreign Trade that gather industry related policy makers “producers, exporters and government representatives” to draft and implement export strategies that are compatible with the changing business environment and work as a consultative body to the minister . The medical industries consists of three main sectors: - Pharmaceutical sector - Cosmetics sector - Medical devices Vision and Mission • Vision: Positioning Egypt as a premium medical vendor to the regional & global community with an unremitting drive towards innovation, competitiveness and transparency. • Mission: Boosting the sectors industrially, economically and socially , leveraging sectors’ exports, improving workforce education and training, encouraging international business investment and opening new markets plus helping achieve economic prosperity and worldwide recognition. ECMI goals and objectives • Promote Egypt’s image and penetrate new markets • Stakeholders integration to the sector strategies implementation • Support the companies registration processes in the overseas markets • Drive the simplification of export and registration procedures domestically. • Develop technical services and trainings to enhance the sector’s capabilities and competitiveness. • Doubling the sector’s exports in 3 years. ECMI services’ facilitator • Promote and subsidize the exports of medical supplies and cosmetics sectors, in line with Egyptian Development Export Fund regulations. • Subsidize the participation in specialized trade shows and business missions (up to 70%), according to the regulations of the Egyptian Expo & Convention Authority. • Subsidize the export shipping cost to African countries (up to 50%) as regulated by the Egyptian Development Export Fund. • Conduct inward and outward promotion missions. • Subsidize the product ‘s registration and needed quality certification for medicine and medical supplies in the target markets as regulated by the Egyptian Development Export Fund. • Sector studies and market intelligences. ECMI stakeholders and partners • • • • • • • • • • Ministry of Health - MOH Ministry of Industry - MOI Ministry of Planning and Int’l Cooperation – MOPIC Ministry of Investment Donors, related NGOs and associations (i.e IMC, ITC..) ECS offices Expo and Convention Authority Business councils Foreign embassies / commercial sections Export Development Fund Sector’s value propositions • Low labor cost and taxes structure • Low logistics cost • High healthcare expenditure* • Expansion of social health insurance • Governmental support • Int’l sector growth by 7-10% yearly • Domestic investment increase by 15-20% yearly • Biomedical researches and educational academies • Trends to OEM and private labeling business * Government spending on healthcare has increased by 200% over the past 15 years. Projected regional changes in health spending due to population growth and aging, 2000–2020(%) Sector Export Projection ) 2010-2013) 2400 2200 2010 2000 2011 2012 1800 2013 1600 1400 1200 Pharmaceutical Cosmetics Medical Supplies Sector Investment Projection (2010-2013) 1030 830 2010 630 2011 2012 430 2013 230 30 Pharmaceuticals Cosmetics Medical Supplies Sector Employment Projection 2010-2013 7000 6000 2010 5000 2011 4000 2012 3000 2013 2000 1000 0 Pharmaceuticals Cosmetics Medical supplies The (actual) sector exports’ development (2007-2011) Sector 2007 2008 2009 2010 2011 Growth Rate% (10/11) Pharmaceutical 876.9 1017.4 1144.2 1325.3 1428 10.7 Cosmetics 883.6 948.2 1157.2 1529.2 1654 10.8 Medical devices 1075 1150 1285 1392 1529 10.9 Total exports of medical industries 2835.5 3115.6 3586.4 4246.4 4611 10.8 Values in million Egyptian Pounds Source: The General Organization for Export and Import Control The sector exports’ development 4611 4246.4 3586.4 3115.6 2835.5 2007 Values in million Egyptian Pounds 2008 2009 2010 2011 Export By Geographical Distribution Top 10 countries (Pharmaceuticals) 4% 3% 2% 2% 14% Iraq 7% Sudan 14% 10% Saudi Arabia Yemen Romania 13% 13% Turkey Pakistan India Libya United Arab Emirated Exports By Geographical Distribution Top 10 Countries (Cosmetics) 4% 12% 5% Syria 5% Saudi Arabia Sudan 6% 11% Iraq Jordan Morroco 6% France Emirates 11% 8% Lebanon Kenya 9% Export By Geographical Distribution Top 10 Countries (Medical Devices) 3% 3% 4% 21% 4% Pakistan Morroco Kenya 4% Iraq Uganda 4% Germany Nigeria 5% Saudi Arabia 15% Jordan Libya 14% Your Partner 4Success