Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt - 2023

Contents:

  1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt (CIF) - 2022
  2. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt (FOB) - 2022
  3. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt
  4. Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt (CIF) - 2022

The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $44 per unit in 2022, with a decrease of -75% against the previous year. In general, the import price saw a deep contraction. The pace of growth was the most pronounced in 2015 an increase of 155% against the previous year. The import price peaked at $212 per unit in 2020; however, from 2021 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 Japan.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +7.8% per year.

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt (FOB) - 2022

In 2022, the average export price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $42 per unit, standing approx. at the previous year. Over the period under review, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. The export price peaked at $93 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2014 to 2022, the rate of growth in terms of prices for Sudan amounted to +18.4% per year.

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt

Imports of watch movements; complete and assembled, not automatic winding or electrically operateds into Egypt declined significantly to 1 units in 2022, reducing by -98.3% against the previous year. Over the period under review, imports saw a precipitous decrease. The smallest decline of -31% was in 2021. Imports peaked at 331 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds contracted significantly to $44 in 2022. Overall, imports continue to indicate a precipitous slump. The smallest decline of -42.6% was in 2021. Imports peaked at $48K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/AN/A0%
Switzerland4.43.44.1N/A-3.5%
China40.98.74.9N/A-65.4%
United Arab Emirates1.40.40.4N/A-46.5%
Italy1.20.91.3N/A4.1%
OthersN/A5.0N/AN/A0%
Total47.918.410.6N/A-53.0%

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Egypt in 2022:

  1. Japan (1.0 units)

Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt

Exports of watch movements; complete and assembled, not automatic winding or electrically operateds from Egypt stood at 2 units in 2022, leveling off at the previous year's figure. In general, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds totaled $83 in 2022. Overall, exports saw a pronounced downturn. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the peak figure at $87 in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Egypt (USD)
COUNTRY202020212022CAGR,
2020-2022
SwitzerlandN/AN/A83.00%
France87.0N/AN/A0%
OthersN/AN/AN/A0%
Total87.0N/A83.0-2.3%

Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from Egypt in 2022:

  1. Switzerland (2.0 units)

Source: IndexBox Market Intelligence Platform

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