Egypt - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic or Non-Precious Metal Watch in Egypt - 2023
Contents:
- Price for Plastic or Non-Precious Metal Watch in Egypt (CIF) - 2023
- Price for Plastic or Non-Precious Metal Watch in Egypt (FOB) - 2022
- Imports of Plastic or Non-Precious Metal Watch in Egypt
- Exports of Plastic or Non-Precious Metal Watch in Egypt
Price for Plastic or Non-Precious Metal Watch in Egypt (CIF) - 2023
In July 2023, the average import price for plastic or non-precious metal watches amounted to $3,701 per unit, jumping by 102% against the previous month. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in September 2022 when the average import price increased by 3,285% against the previous month. As a result, import price attained the peak level of $36,331 per unit; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($3,968 per unit), while the price for China amounted to $2,516 per unit.
From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+13.7%).
Price for Plastic or Non-Precious Metal Watch in Egypt (FOB) - 2022
In 2022, the average export price for plastic or non-precious metal watches amounted to $372 per unit, with an increase of 126% against the previous year. In general, the export price showed significant growth. The pace of growth appeared the most rapid in 2019 an increase of 138% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($1,406 per unit), while the average price for exports to Ireland ($73 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 Switzerland (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plastic or Non-Precious Metal Watch in Egypt
Plastic or non-precious metal watch imports into Egypt fell remarkably to 316K units in 2022, shrinking by -26.6% against 2021. Overall, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. Over the period under review, imports hit record highs at 482K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, plastic or non-precious metal watch imports reduced remarkably to $14M in 2022. Over the period under review, imports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $19M, and then declined remarkably in the following year.
| Import of Plastic or Non-Precious Metal Watch in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 9.2 | 10.4 | 13.4 | 12.1 | 9.6% |
| China | 4.5 | 1.9 | 2.6 | 1.9 | -25.0% |
| Hong Kong SAR | 0.7 | 0.2 | 0.1 | N/A | -62.2% |
| Japan | 0.3 | 0.2 | 0.5 | N/A | 29.1% |
| United Arab Emirates | 0.5 | 0.2 | 1.0 | N/A | 41.4% |
| Others | 0.8 | 0.5 | 1.6 | 0.2 | -37.0% |
| Total | 16.0 | 13.4 | 19.1 | 14.3 | -3.7% |
Top Suppliers of Plastic or Non-Precious Metal Watch to Egypt in 2022:
- United Arab Emirates (undefinedK units)
- Hong Kong SAR (undefinedK units)
- China (246.0K units)
- Switzerland (66.8K units)
- Japan (0.5K units)
Exports of Plastic or Non-Precious Metal Watch in Egypt
For the third consecutive year, Egypt recorded decline in overseas shipments of plastic or non-precious metal watches, which decreased by -52.8% to 1.8K units in 2022. Overall, exports faced a sharp shrinkage. The smallest decline of -18.8% was in 2020. Over the period under review, the exports reached the peak figure at 8.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, plastic or non-precious metal watch exports expanded markedly to $654K in 2022. Over the period under review, exports continue to indicate a abrupt downturn. Over the period under review, the exports hit record highs at $1.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Plastic or Non-Precious Metal Watch in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 1,030 | 580 | 368 | 365 | -29.2% |
| Switzerland | 14.6 | 23.9 | 71.1 | 270 | 164.4% |
| Ireland | N/A | 0.1 | N/A | 2.7 | 419.6% |
| China | 0.1 | N/A | N/A | N/A | 0% |
| Others | 34.1 | 236 | 175 | 16.9 | -20.9% |
| Total | 1,079 | 840 | 613 | 654 | -15.4% |
Top Export Markets for Plastic or Non-Precious Metal Watch from Egypt in 2022:
- Hong Kong SAR (1296.0 units)
- Switzerland (192.0 units)
- Ireland (37.0 units)
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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