Price for Clock Movements; Complete and Assembled in Kuwait - 2022
Contents:
- Price for Clock Movements; Complete and Assembled in Kuwait (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Kuwait (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Kuwait
- Exports of Clock Movements; Complete and Assembled in Kuwait
Price for Clock Movements; Complete and Assembled in Kuwait (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $13 per unit, falling by -18.9% against the previous year. In general, the import price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 54%. As a result, import price attained the peak level of $16 per unit, and then reduced notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bahrain ($46 per unit), while the price for Germany ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Kuwait (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $11 per unit, jumping by 19% against the previous year. Overall, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 47%. The export price peaked at $36 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($11 per unit), while the average price for exports to Bahrain ($5.6 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 Germany (+20.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clock Movements; Complete and Assembled in Kuwait
In 2022, purchases abroad of clock movements; complete and assembleds was finally on the rise to reach 3.7K units after two years of decline. In general, imports, however, recorded a sharp setback. Imports peaked at 12K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, clock movements; complete and assembled imports totaled $50K in 2022. Overall, imports, however, saw a precipitous decrease. Over the period under review, imports hit record highs at $118K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Clock Movements; Complete and Assembled in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 0.2 | 0.1 | 11.2 | 15.9 | 330.0% |
| China | 21.7 | 15.2 | 1.0 | 4.4 | -41.3% |
| Switzerland | 22.0 | 0.5 | 4.5 | 3.2 | -47.4% |
| Bangladesh | 13.6 | 5.5 | 4.3 | 3.1 | -38.9% |
| Denmark | 0.7 | 1.0 | 1.1 | 2.9 | 60.6% |
| India | 20.2 | 1.0 | 0.1 | 2.1 | -53.0% |
| United Arab Emirates | 0.6 | 2.9 | 1.3 | 1.5 | 35.7% |
| Turkey | 1.7 | 2.4 | 0.2 | 0.6 | -29.3% |
| Others | 37.6 | 22.7 | 24.1 | 16.0 | -24.8% |
| Total | 118 | 51.4 | 47.8 | 49.6 | -25.1% |
Top Suppliers of Clock Movements; Complete and Assembled to Kuwait in 2022:
- China (1420.0 units)
- United Arab Emirates (463.0 units)
- Bahrain (345.0 units)
- Switzerland (246.0 units)
- India (197.0 units)
- Denmark (184.0 units)
- Turkey (101.0 units)
- Bangladesh (49.0 units)
Exports of Clock Movements; Complete and Assembled in Kuwait
Clock movements; complete and assembled exports from Kuwait declined to 71K units in 2022, with a decrease of -6.6% on 2021. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 12%. Over the period under review, the exports hit record highs at 99K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, clock movements; complete and assembled exports expanded sharply to $753K in 2022. Overall, exports showed a sharp shrinkage. The exports peaked at $1.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Clock Movements; Complete and Assembled in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 141 | 637 | 586 | 665 | 67.7% |
| Germany | 29.1 | 104 | 75.2 | 67.3 | 32.2% |
| Bahrain | 31.8 | 65.1 | 1.8 | 3.6 | -51.6% |
| Jordan | 783 | N/A | N/A | N/A | 0% |
| United Kingdom | 2.2 | N/A | N/A | N/A | 0% |
| Qatar | 200 | N/A | N/A | N/A | 0% |
| Others | 466 | 20.1 | 16.4 | 16.6 | -67.1% |
| Total | 1,652 | 826 | 680 | 753 | -23.0% |
Top Export Markets for Clock Movements; Complete and Assembled from Kuwait in 2022:
- Saudi Arabia (62.9K units)
- Germany (6.7K units)
- Bahrain (0.6K units)
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