Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Egypt - 2022

Contents:

1. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Egypt (CIF) - 2022
2. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Egypt (FOB) - 2022
3. Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Egypt
4. Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Egypt

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Egypt (CIF) - 2022

In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $1,505 per unit, reducing by -63% against the previous year. Over the period under review, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 282%. As a result, import price reached the peak level of $4,199 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($11,818 per unit), while the price for China ($352 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+53.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Egypt (FOB) - 2022

In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $3.3 per unit, declining by -58.9% against the previous year. Over the period under review, the export price continues to indicate a precipitous decline. Over the period under review, the average export prices hit record highs at $17 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($29 per unit), while the average price for exports to Singapore ($1 per unit) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-16.6%), while the prices for the other major destinations experienced a decline.

Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Egypt

Imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Egypt fell markedly to 151 units in 2022, which is down by -26% against 2021 figures. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 787%. As a result, imports reached the peak of 204 units, and then fell dramatically in the following year.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings dropped rapidly to $227K in 2022. Over the period under review, imports, however, saw a temperate expansion. The growth pace was the most rapid in 2021 when imports increased by 759%. As a result, imports reached the peak of $829K, and then declined remarkably in the following year.

Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Egypt in 2022:

1. China (105.0 units)
2. United Kingdom (29.0 units)
3. Switzerland (15.0 units)
4. United Arab Emirates (1.0 units)

Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Egypt

In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings exported from Egypt surged to 14 units, increasing by 56% against the year before. In general, total exports indicated a significant expansion from 2021 to 2022: its volume increased at an average annual rate of +55.6% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings fell rapidly to $46 in 2022. Overall, exports, however, continue to indicate a sharp contraction. The exports peaked at $72 in 2021, and then contracted sharply in the following year.

Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Egypt in 2022:

1. Bahrain (1.0 units)
2. Madagascar (1.0 units)
3. Singapore (1.0 units)
4. Iceland (1.0 units)
5. Malta (1.0 units)
6. France (1.0 units)
7. Switzerland (1.0 units)
8. Sweden (1.0 units)
9. Germany (1.0 units)
10. Hong Kong SAR (1.0 units)
11. United Arab Emirates (1.0 units)
12. Hungary (1.0 units)
13. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform