Price for Clock Movements; Complete and Assembled in Egypt - 2022
Contents:
- Price for Clock Movements; Complete and Assembled in Egypt (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Egypt (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Egypt
- Exports of Clock Movements; Complete and Assembled in Egypt
Price for Clock Movements; Complete and Assembled in Egypt (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $4.8 per unit, shrinking by -44.5% against the previous year. Overall, the import price recorded a perceptible descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by 86%. The import price peaked at $10 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Thailand amounted to +13.4% per year.
Price for Clock Movements; Complete and Assembled in Egypt (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $65 per unit, standing approx. at the previous year. Over the period under review, the export price, however, saw a strong increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 53% against the previous year. As a result, the export price attained the peak level of $87 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($92 per unit), while the average price for exports to Canada ($23 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Egypt
In 2022, supplies from abroad of clock movements; complete and assembleds was finally on the rise to reach 5.3K units after two years of decline. Over the period under review, imports, however, saw a sharp downturn. Imports peaked at 26K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, clock movements; complete and assembled imports skyrocketed to $25K in 2022. Overall, imports, however, faced a precipitous contraction. Over the period under review, imports attained the peak figure at $88K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clock Movements; Complete and Assembled in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.6 | 5.5 | 1.0 | 25.3 | -13.1% |
| Spain | 9.2 | 4.4 | 1.4 | N/A | -61.0% |
| Thailand | 2.2 | 0.6 | 5.8 | N/A | 62.4% |
| Germany | 3.7 | 1.3 | 0.3 | N/A | -71.5% |
| France | 14.1 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 6.1 | 2.7 | 0.8 | N/A | -63.8% |
| Italy | 9.3 | 2.3 | 0.1 | N/A | -89.6% |
| Others | 5.2 | 2.4 | 0.9 | N/A | -58.4% |
| Total | 88.5 | 19.2 | 10.3 | 25.3 | -34.1% |
Top Suppliers of Clock Movements; Complete and Assembled to Egypt in 2022:
- China (5.3K units)
Exports of Clock Movements; Complete and Assembled in Egypt
After two years of decline, overseas shipments of clock movements; complete and assembleds decreased by -49.6% to 426 units in 2022. Overall, exports, however, continue to indicate a buoyant increase. Over the period under review, the exports hit record highs at 846 units in 2021, and then shrank rapidly in the following year.
In value terms, clock movements; complete and assembled exports declined notably to $28K in 2022. In general, exports, however, saw a buoyant increase. The exports peaked at $56K in 2021, and then reduced notably in the following year.
| Export of Clock Movements; Complete and Assembled in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.2 | N/A | 14.0 | 21.2 | 11.7% |
| Canada | N/A | N/A | N/A | 3.5 | 0% |
| Kuwait | 1.2 | N/A | 1.1 | 1.7 | 12.3% |
| Norway | 0.3 | N/A | 0.3 | 0.5 | 18.6% |
| France | N/A | N/A | 21.8 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 17.4 | N/A | 0% |
| Others | 0.3 | N/A | 0.9 | 1.0 | 49.4% |
| Total | 16.9 | N/A | 55.5 | 27.8 | 18.0% |
Top Export Markets for Clock Movements; Complete and Assembled from Egypt in 2022:
- United States (230.0 units)
- Canada (149.0 units)
- Kuwait (35.0 units)
- Norway (7.0 units)
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