Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Egypt - 2022

Contents:

  1. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Egypt (CIF) - 2022
  2. Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Egypt

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Egypt (CIF) - 2022

In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $2.9 per unit, with a decrease of -67.5% against the previous year. Overall, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 171%. The import price peaked at $35 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +3.7% per year.

Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Egypt

Imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds into Egypt skyrocketed to 11K units in 2022, increasing by 195% on the previous year. Over the period under review, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 392%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds dropped slightly to $32K in 2022. Overall, imports, however, recorded a dramatic setback. The pace of growth was the most pronounced in 2021 when imports increased by 287% against the previous year. Imports peaked at $101K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China62.50.86.931.8-20.2%
Spain34.97.323.1N/A-18.6%
Others3.20.43.2N/A0.0%
Total1018.633.231.8-32.0%

Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Egypt in 2022:

  1. China (10.8K units)

Source: IndexBox Market Intelligence Platform

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