Over the last two years, the import of rough clock movements unassembled or partly assembled to Egypt has shown a notable decline. In 2023, the actual value stood at 26.63 thousand US Dollars. In 2024, this value drops to 24.97 thousand US Dollars, representing a year-on-year decrease of approximately 6.23%. The downward trend continues into 2025 and onwards, reducing to 18.74 thousand US Dollars by 2028. The cumulative annual growth rate (CAGR) over these five years averages a negative growth of approximately 5.13% per year.
Future trends to watch for include potential impacts of technological advancements in clock manufacturing, changes in global trade policies, and shifts in consumer preferences towards digital timekeeping devices. Monitoring these factors will be crucial in forecasting future import values for this market segment.
