Price for Clock Movements; Complete and Assembled in Qatar - 2023

Contents:

  1. Price for Clock Movements; Complete and Assembled in Qatar (CIF) - 2022
  2. Imports of Clock Movements; Complete and Assembled in Qatar

Price for Clock Movements; Complete and Assembled in Qatar (CIF) - 2022

In 2022, the average import price for clock movements; complete and assembleds amounted to $6.5 per unit, with a decrease of -71.6% against the previous year. Overall, the import price saw a sharp reduction. The pace of growth appeared the most rapid in 2018 when the average import price decreased by -18.2%. Over the period under review, average import prices hit record highs at $1,417 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Bangladesh ($18 per unit), while the price for India totaled $5.8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+20.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Clock Movements; Complete and Assembled in Qatar

In 2022, clock movements; complete and assembled imports into Qatar soared to 23K units, growing by 942% on the previous year. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, clock movements; complete and assembled imports soared to $150K in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 210% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Clock Movements; Complete and Assembled in Qatar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
IndiaN/AN/A1260%
BangladeshN/AN/A23.90%
Lebanon16.3N/AN/A0%
OthersN/A50.5N/A0%
Total16.350.5150203.4%

Top Suppliers of Clock Movements; Complete and Assembled to Qatar in 2022:

  1. India (21.7K units)
  2. Bangladesh (1.4K units)

Source: IndexBox Market Intelligence Platform

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