Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates - 2022

Contents:

  1. Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates
  4. Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates

Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates (CIF) - 2022

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $16 per unit in 2022, growing by 96% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The growth pace was the most rapid in 2013 when the average import price increased by 362%. As a result, import price attained the peak level of $100 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 the UK ($116 per unit), while the price for India ($3.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+42.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates (FOB) - 2022

The average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $2.4 per unit in 2022, shrinking by -98% against the previous year. Overall, the export price faced a sharp reduction. The growth pace was the most rapid in 2017 when the average export price increased by 377%. The export price peaked at $447 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 Oman ($51 per unit), while the average price for exports to Germany ($1.1 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 Oman (-12.0%), while the prices for the other major destinations experienced a decline.

Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates

In 2022, purchases abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds decreased by -12.9% to 6.9K units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 52%. As a result, imports reached the peak of 19K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds surged to $108K in 2022. Overall, imports faced a precipitous setback. Imports peaked at $250K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A74.8N/A53.1-15.7%
India0.1N/A0.219.0474.9%
Germany7.4N/A4.44.4-15.9%
Thailand21711937.2N/A-58.6%
Others2.255.821.331.1141.8%
Total22625063.0108-21.8%

Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to the United Arab Emirates in 2022:

  1. India (5.1K units)
  2. China (1.5K units)
  3. Germany (0.1K units)

Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates

Exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds from the United Arab Emirates soared to 8.6K units in 2022, picking up by 2,216% compared with the previous year's figure. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds shrank significantly to $21K in 2022. Over the period under review, exports, however, recorded a sharp curtailment. The smallest decline of -1.3% was in 2021. Over the period under review, the exports of hit record highs at $47K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/AN/A2.90%
Saudi ArabiaN/AN/A0.12.01900.0%
United KingdomN/AN/AN/A2.00%
BangladeshN/AN/AN/A1.30%
BahrainN/AN/AN/A0.60%
Germany6.7N/AN/A0.5-57.9%
ZimbabweN/A7.8N/AN/A0%
Others40.538.745.811.4-34.5%
Total47.246.545.920.7-24.0%

Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from the United Arab Emirates in 2022:

  1. Qatar (2.7K units)
  2. Saudi Arabia (1.8K units)
  3. United Kingdom (1.8K units)
  4. Bangladesh (1.2K units)
  5. Bahrain (0.5K units)
  6. Germany (0.5K units)

Source: IndexBox Market Intelligence Platform

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