Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt - 2023

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt (CIF) - 2022
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt (FOB) - 2022
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt
  4. Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt (CIF) - 2022

In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $6 per unit, shrinking by -16.1% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the average import price increased by 47% against the previous year. The import price peaked at $7.1 per unit in 2021, and then shrank dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Czech Republic ($6 per unit) and India ($6 per unit), while the price for Switzerland ($6 per unit) and China ($6 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt (FOB) - 2022

The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $36 per unit in 2022, rising by 416% against the previous year. In general, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 697%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($539 per unit), while the average price for exports to Cyprus ($6.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+306.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt

In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into Egypt contracted to 76K units, waning by -12.6% on 2021. Overall, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by 43%. Imports peaked at 133K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds dropped significantly to $456K in 2022. In general, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 50%. As a result, imports reached the peak of $622K, and then dropped remarkably in the following year.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12816327818412.9%
China234178175163-11.4%
IndiaN/A0.112291.42923.2%
Czech RepublicN/AN/AN/A8.10%
Switzerland1780.50.18.1-64.3%
Belarus22.34.13.90.1-83.5%
Vietnam25.65.2N/AN/A-79.7%
United Arab Emirates12.715.412.2N/A-2.0%
Others16.148.930.91.7-52.7%
Total617415622456-9.6%

Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Egypt in 2022:

  1. France (30.9K units)
  2. China (27.2K units)
  3. India (15.3K units)
  4. Czech Republic (1.4K units)
  5. Switzerland (1.4K units)

Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt

In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds exported from Egypt shrank rapidly to 112 units, waning by -86.2% on 2021. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 4,400% against the previous year. The exports peaked at 1.3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds declined significantly to $4K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 3,679% against the previous year. As a result, the exports attained the peak of $5.6K, and then reduced sharply in the following year.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Egypt (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A2,6960%
Palestine72.0N/A489662109.5%
CyprusN/AN/AN/A67.00%
GermanyN/AN/AN/A20.00%
PolandN/AN/AN/A20.00%
JordanN/AN/A4,253N/A0%
China110N/AN/AN/A0%
Tunisia811N/A357N/A-33.7%
Others32914849452416.8%
Total1,3221485,5933,98944.5%

Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Egypt in 2022:

  1. Palestine (93.0 units)
  2. Cyprus (10.0 units)
  3. Italy (5.0 units)
  4. Poland (2.0 units)
  5. Germany (2.0 units)

Source: IndexBox Market Intelligence Platform

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