Price for Watch Cases and Parts Thereof in Kuwait - 2022
Contents:
- Price for Watch Cases and Parts Thereof in Kuwait (CIF) - 2022
- Price for Watch Cases and Parts Thereof in Kuwait (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in Kuwait
- Exports of Watch Cases and Parts Thereof in Kuwait
Price for Watch Cases and Parts Thereof in Kuwait (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $11 per unit in 2022, reducing by -8.6% against the previous year. Over the period under review, the import price, however, showed slight growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 103%. The import price peaked at $23 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($95 per unit), while the price for the Philippines ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Watch Cases and Parts Thereof in Kuwait (FOB) - 2022
The average export price for watch cases and parts thereoves stood at $129 per unit in 2022, which is down by -35.4% against the previous year. In general, the export price showed a perceptible downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 163% against the previous year. Over the period under review, the average export prices reached the peak figure at $418 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($697 per unit), while the average price for exports to Sweden ($19 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 Qatar (+130.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Cases and Parts Thereof in Kuwait
In 2022, overseas purchases of watch cases and parts thereoves were finally on the rise to reach 15K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic shrinkage. Imports peaked at 42K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, watch cases and parts thereof imports stood at $166K in 2022. In general, imports, however, continue to indicate a deep downturn. Over the period under review, imports reached the maximum at $298K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Watch Cases and Parts Thereof in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 127 | 23.9 | 23.3 | 33.6 | -35.8% |
| United Arab Emirates | 11.2 | 16.2 | 23.4 | 27.6 | 35.1% |
| Sweden | 2.7 | 2.3 | 1.6 | 20.9 | 97.8% |
| Japan | 1.6 | 2.8 | 7.2 | 5.7 | 52.7% |
| Hong Kong SAR | 0.8 | 1.2 | 3.1 | 4.9 | 83.0% |
| Turkey | 2.0 | 2.4 | 4.9 | 3.9 | 24.9% |
| Philippines | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Others | 152 | 138 | 81.6 | 69.1 | -23.1% |
| Total | 298 | 186 | 145 | 166 | -17.7% |
Top Suppliers of Watch Cases and Parts Thereof to Kuwait in 2022:
- China (6.5K units)
- United Arab Emirates (4.4K units)
- Japan (0.8K units)
- Hong Kong SAR (0.8K units)
- Sweden (0.7K units)
- Turkey (0.3K units)
- Philippines (0.3K units)
Exports of Watch Cases and Parts Thereof in Kuwait
In 2022, approx. 10 units of watch cases and parts thereoves were exported from Kuwait; rising by 150% on the previous year's figure. Over the period under review, exports, however, saw a deep downturn. Over the period under review, the exports attained the maximum at 12 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, watch cases and parts thereof exports surged to $1.3K in 2022. Overall, exports, however, recorded a significant curtailment. The exports peaked at $2.9K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Watch Cases and Parts Thereof in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1,684 | 1,688 | 667 | 1,093 | -13.4% |
| Sweden | N/A | N/A | 21.0 | 73.0 | 247.6% |
| United Arab Emirates | 1,153 | 144 | 16.0 | 41.0 | -67.1% |
| Indonesia | N/A | 4.0 | N/A | N/A | 0% |
| Poland | 56.0 | N/A | N/A | N/A | 0% |
| Others | 54.0 | N/A | 21.0 | 73.0 | 10.6% |
| Total | 2,947 | 1,836 | 725 | 1,280 | -24.3% |
Top Export Markets for Watch Cases and Parts Thereof from Kuwait in 2022:
- Sweden (4.0 units)
- Switzerland (2.0 units)
- United Arab Emirates (2.0 units)
227
This report provides an in-depth analysis of the market for porcelain tableware and kitchenware in Kuwait.
582
Global Watch And Clock Cases Market Report 2018. This report provides an in-depth analysis of the global market for watch and clock cases.
717
This report provides an in-depth analysis of the global market for porcelain tableware and kitchenware.
582
Global Watch And Clock Cases Market Report 2018. This report provides an in-depth analysis of the global market for watch and clock cases.
Nothing found. Please try again.
