Price for Clock or Watch Parts; Dials in the United Arab Emirates - 2021

Contents:

1. Price for Clock or Watch Parts; Dials in the United Arab Emirates (CIF) - 2022
2. Price for Clock or Watch Parts; Dials in the United Arab Emirates (FOB) - 2022
3. Imports of Clock or Watch Parts; Dials in the United Arab Emirates
4. Exports of Clock or Watch Parts; Dials in the United Arab Emirates

Price for Clock or Watch Parts; Dials in the United Arab Emirates (CIF) - 2022

The average import price for clock or watch parts; dialses stood at $11,218 per unit in 2021, increasing by 842% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 1,625%. As a result, import price attained the peak level of $31,127 per unit. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($178 per unit), while the price for China ($14 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+0.5%), while the prices for the other major suppliers experienced a decline.

Price for Clock or Watch Parts; Dials in the United Arab Emirates (FOB) - 2022

In 2021, the average export price for clock or watch parts; dialses amounted to $11,034 per unit, picking up by 984% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($2,261 per unit), while the average price for exports to Oman ($74 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clock or Watch Parts; Dials in the United Arab Emirates

After two years of decline, overseas purchases of clock or watch parts; dialses increased by 279% to 360 units in 2022. In general, imports, however, faced a dramatic decrease. Imports peaked at 3.8K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, clock or watch parts; dials imports shrank significantly to $905K in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $1.1M, and then declined rapidly in the following year.

Top Suppliers of Clock or Watch Parts; Dials to the United Arab Emirates in 2022:

1. Hong Kong SAR (undefinedK units)
2. Switzerland (4.7K units)
3. Germany (0.1K units)
4. China (0.1K units)

Exports of Clock or Watch Parts; Dials in the United Arab Emirates

Clock or watch parts; dials exports from the United Arab Emirates surged to 30 units in 2022, picking up by 150% against the previous year. Over the period under review, exports, however, continue to indicate a sharp slump. The exports peaked at 48 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, clock or watch parts; dials exports shrank dramatically to $91K in 2022. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 171% against the previous year. As a result, the exports attained the peak of $132K, and then plummeted in the following year.

Top Export Markets for Clock or Watch Parts; Dials from the United Arab Emirates in 2022:

1. Oman (66.0 units)
2. Switzerland (12.0 units)
3. Italy (11.0 units)
4. India (11.0 units)
5. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform