Musical Boxes Price in Egypt - 2022

Contents:

1. Musical Boxes Price in Egypt (CIF) - 2022
2. Musical Boxes Price in Egypt (FOB) - 2022
3. Musical Boxes Imports in Egypt
4. Musical Boxes Exports in Egypt

Musical Boxes Price in Egypt (CIF) - 2022

In 2022, the average musical boxes import price amounted to $1.9 per unit, shrinking by -26% against the previous year. Over the period under review, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 26% against the previous year. As a result, import price reached the peak level of $6.4 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($12 per unit), while the price for Thailand ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Musical Boxes Price in Egypt (FOB) - 2022

In 2022, the average musical boxes export price amounted to $3.9 per unit, with a decrease of -64% against the previous year. Overall, the export price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 54% against the previous year. The export price peaked at $11 per unit in 2021, and then declined notably in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -1.0% per year.

Musical Boxes Imports in Egypt

For the fourth consecutive year, Egypt recorded growth in overseas purchases of musical boxeses, which increased by 26% to 4.3K units in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 61%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, musical boxes imports reduced to $8.2K in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. Over the period under review, imports hit record highs at $8.9K in 2021, and then dropped in the following year.

Top Suppliers of Musical Boxes to Egypt in 2022:

1. Thailand (3.3K units)
2. Switzerland (0.7K units)
3. China (0.2K units)

Musical Boxes Exports in Egypt

In 2022, overseas shipments of musical boxeses were finally on the rise to reach 127 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a precipitous shrinkage. Over the period under review, the exports reached the maximum at 259 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, musical boxes exports reduced to $502 in 2022. Overall, exports, however, showed a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports attained the maximum at $2.1K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Musical Boxes from Egypt in 2022:

1. United Arab Emirates (127.0 units)

Source: IndexBox Market Intelligence Platform