Alexandria and Dekheila Customs Auction Generates EGP 9 Million from Vehicle and Goods Lots

Alexandria and Dekheila Customs Auction Generates EGP 9 Million from Vehicle and Goods Lots

Egyptian market
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Sep 25, 2026 05:37 AM
Article Summary

The Alexandria and Dekheila customs auction generated EGP 9,182,800 from selling 15 out of 112 offered lots. One vehicle lot sold for EGP 605,000 and 14 goods lots brought EGP 8,577,800, while 96 lots were rejected. The auction was held under a government mandate to clear stagnant goods from Egyptian ports and customs warehouses.

EGP 9,182,800. That's the total revenue from the vehicle and goods auction held by the General Administration for Neglected and Customs Sales at Alexandria Customs, in coordination with Dekheila Customs and the General Authority for Government Services. The public bidding session took place on Tuesday, September 22, 2026, at the Sports Civilizations Club hall on Salah Salem Street, opposite Ain El-Sira Traffic Department.

Inside the Alexandria and Dekheila Customs Auction

The session featured 112 lots of used cars and assorted goods from neglected and stagnant inventory stored at customs. Only one vehicle lot sold — for EGP 605,000 — while 14 goods lots brought in EGP 8,577,800. That adds up to 15 lots sold out of 112 offered. The low turnover raises a question: was it pricing, condition, or simply a mismatch between what buyers wanted and what was on the floor? The market decides.

Why 96 Lots Were Rejected

The rejection rate tells its own story. A total of 96 lots were rejected outright and one was cancelled, meaning 86% of the offered inventory found no buyer. That leaves a substantial stockpile of used cars and goods sitting in customs warehouses waiting for another session. Auctions like this are meant to give buyers access to lower-priced vehicles, but the numbers suggest the terms or the condition of the lots didn't generate enough interest.

Government Mandate to Clear Stagnant Cargo

The auction was held under a directive to dispose of stagnant and neglected goods across all Egyptian ports, warehouses, yards, and customs depots. Clearing ports of accumulated inventory frees storage capacity and cuts operating costs for customs authorities. Every public auction session also channels direct revenue into the state treasury.

Used car prices in Egypt feel the impact of these auctions whenever vehicles are offered below market rates, creating pressure on parallel pricing. The volume in this particular session was too small to move the needle meaningfully. Future sessions could tell a different story if the terms improve and the offering matches demand.

Frequently Asked Questions

3 questions answered

The auction raised EGP 9,182,800 from selling 15 lots — one vehicle lot and 14 goods lots.

96 lots were rejected out of 112 offered, and one lot was cancelled.

It was held under a government directive to dispose of stagnant and neglected goods stored across Egyptian ports and customs warehouses.

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