Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt - 2022
Contents:
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt (CIF) - 2022
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt (FOB) - 2022
- Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt
- Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt (CIF) - 2022
The average import price for watches; complete movements, unassembled or partly assembled (movement sets) stood at $41 per unit in 2022, increasing by 2.2% against the previous year. Overall, the import price, however, saw a deep reduction. The growth pace was the most rapid in 2020 when the average import price increased by 135% against the previous year. Over the period under review, average import prices hit record highs at $101 per unit in 2012; however, from 2013 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 China amounted to -5.5% per year.
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt (FOB) - 2022
In 2022, the average export price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $19 per unit, reducing by -72% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 158% against the previous year. As a result, the export price attained the peak level of $67 per unit, and then reduced markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +127.1% per year.
Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt
In 2022, supplies from abroad of watches; complete movements, unassembled or partly assembled (movement sets) decreased by -85.2% to 82 units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a significant decrease. The growth pace was the most rapid in 2020 with an increase of 325%. As a result, imports attained the peak of 723 units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) contracted significantly to $3.4K in 2022. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 900%. As a result, imports reached the peak of $41K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.4 | 37.0 | 18.9 | 3.4 | 34.4% |
| Hong Kong SAR | 1.5 | 3.8 | 3.4 | N/A | 50.6% |
| India | 1.2 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.1 | 41.0 | 22.4 | 3.4 | -6.0% |
Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Egypt in 2022:
- China (82.0 units)
Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt
In 2022, approx. 11 units of watches; complete movements, unassembled or partly assembled (movement sets) were exported from Egypt; jumping by 120% against 2021 figures. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of watches; complete movements, unassembled or partly assembled (movement sets) fell rapidly to $207 in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 331%. As a result, the exports reached the peak of $336, and then declined significantly in the following year.
| Export of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Egypt (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 35.0 | 20.0 | 19.0 | 207 | 80.8% |
| Slovakia | N/A | N/A | 209 | N/A | 0% |
| Moldova | N/A | N/A | 108 | N/A | 0% |
| France | N/A | 58.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 35.0 | 78.0 | 336 | 207 | 80.8% |
Top Export Markets for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) from Egypt in 2022:
- Thailand (11.0 units)
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373
This report provides an in-depth analysis of the rough watch movements market in Egypt.
564
This report provides an in-depth analysis of the global rough watch movements market.
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