Price for Clock or Watch Parts; Plates and Bridges in Kuwait - 2022

Contents:

1. Price for Clock or Watch Parts; Plates and Bridges in Kuwait (FOB) - 2022
2. Price for Clock or Watch Parts; Plates and Bridges in Kuwait (CIF) - 2022
3. Exports of Clock or Watch Parts; Plates and Bridges in Kuwait
4. Imports of Clock or Watch Parts; Plates and Bridges in Kuwait

Price for Clock or Watch Parts; Plates and Bridges in Kuwait (FOB) - 2022

In 2022, the average export price for clock or watch parts; plates and bridgeses amounted to $881,667 per ton, leveling off at the previous year. Over the period under review, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2015 to 2022, the rate of growth in terms of prices for Qatar amounted to +26.2% per year.

Price for Clock or Watch Parts; Plates and Bridges in Kuwait (CIF) - 2022

The average import price for clock or watch parts; plates and bridgeses stood at $230,000 per ton in 2022, with a decrease of -12% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. As a result, import price reached the peak level of $352,659 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +20.0% per year.

Exports of Clock or Watch Parts; Plates and Bridges in Kuwait

In 2022, overseas shipments of clock or watch parts; plates and bridgeses decreased by 0% to 12 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of clock or watch parts; plates and bridgeses totaled $11K in 2022. Overall, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Clock or Watch Parts; Plates and Bridges from Kuwait in 2022:

1. Qatar (12.0 kg)

Imports of Clock or Watch Parts; Plates and Bridges in Kuwait

In 2022, after three years of growth, there was significant decline in overseas purchases of clock or watch parts; plates and bridgeses, when their volume decreased by -71.4% to 2 kg. Over the period under review, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 7 kg, and then contracted remarkably in the following year.

In value terms, imports of clock or watch parts; plates and bridgeses declined remarkably to $460 in 2022. In general, imports showed a precipitous descent. The smallest decline of -3.5% was in 2020.

Top Suppliers of Clock or Watch Parts; Plates and Bridges to Kuwait in 2022:

1. United Arab Emirates (2.0 kg)

Source: IndexBox Market Intelligence Platform