Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt - 2022

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt (CIF) - 2022
  2. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt (FOB) - 2022
  3. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt
  4. Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt (CIF) - 2022

In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $24 per unit, reducing by -71.6% against the previous year. Overall, the import price saw a pronounced decline. The pace of growth was the most pronounced in 2020 an increase of 176%. Over the period under review, average import prices hit record highs at $84 per unit in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($51 per unit), while the price for China totaled $21 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+23.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt (FOB) - 2022

The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $38 per unit in 2022, stabilizing at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9%. The export price peaked at $116 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($190 per unit), while the average price for exports to India ($13 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+55.7%).

Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt

In 2022, approx. 10 units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were imported into Egypt; reducing by -98.9% on the year before. Overall, imports recorded a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 1,490%. Over the period under review, imports of attained the maximum at 14K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds dropped dramatically to $239 in 2022. Over the period under review, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 2,068% against the previous year. Imports peaked at $303K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2780.63.00.2-91.0%
Italy0.90.10.20.1-51.9%
ThailandN/AN/A49.2N/A0%
Others23.42.925.3N/A4.0%
Total3033.677.60.2-91.3%

Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Egypt in 2022:

  1. China (9.0 units)
  2. Italy (1.0 units)

Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt

In 2022, approx. 536 units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were exported from Egypt; approximately mirroring 2021. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $21K in 2022. Overall, exports faced a precipitous contraction. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the peak figure at $41K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Egypt (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Switzerland39.1N/A7.6-55.9%
NetherlandsN/AN/A6.70%
IndiaN/AN/A0.30%
Others2.2N/A6.166.5%
Total41.3N/A20.6-29.4%

Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Egypt in 2022:

  1. Netherlands (467.0 units)
  2. Switzerland (40.0 units)
  3. India (19.0 units)

Source: IndexBox Market Intelligence Platform

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