Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait - 2022
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $8.4 per unit in 2022, with an increase of 1.6% against the previous year. Over the period under review, the import price, however, saw a deep setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 99.9%. As a result, import price reached the peak level of $27 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($41 per unit), while the price for India ($3.5 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $11 per unit, with a decrease of -3.1% against the previous year. In general, the export price, however, continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2019 an increase of 178%. Over the period under review, the average export prices reached the maximum at $13 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($29 per unit), while the average price for exports to Saudi Arabia ($5.2 per unit) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+74.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait
In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into Kuwait surged to 83K units, picking up by 51% compared with the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds skyrocketed to $700K in 2022. Over the period under review, imports, however, continue to indicate a perceptible decrease. Over the period under review, imports of attained the peak figure at $771K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 35.9 | 58.3 | 5.5 | 225 | 84.4% |
| China | 184 | 83.9 | 152 | 194 | 1.8% |
| United States | 167 | 86.2 | 58.3 | 79.1 | -22.0% |
| Italy | 1.7 | 2.4 | 3.8 | 72.0 | 248.6% |
| Czech Republic | 0.7 | 1.4 | 10.8 | 31.1 | 254.2% |
| South Korea | 4.0 | 3.5 | 4.9 | 10.5 | 37.9% |
| India | 15.5 | 13.7 | 10.5 | 7.9 | -20.1% |
| Belarus | 5.5 | 7.2 | 4.8 | 7.2 | 9.4% |
| United Arab Emirates | 137 | 55.4 | 2.9 | 1.0 | -80.6% |
| Sweden | 50.4 | 8.9 | 30.1 | N/A | -22.7% |
| Others | 169 | 226 | 173 | 71.7 | -24.9% |
| Total | 771 | 547 | 457 | 700 | -3.2% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Kuwait in 2022:
- France (31.6K units)
- China (27.3K units)
- Italy (10.1K units)
- Czech Republic (4.4K units)
- India (2.3K units)
- United States (1.9K units)
- South Korea (1.5K units)
- Belarus (1.0K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait
In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds exported from Kuwait soared to 179 units, picking up by 258% compared with 2021 figures. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 1,042%. As a result, the exports reached the peak of 434 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds skyrocketed to $1.9K in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,386%. As a result, the exports attained the peak of $5.2K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 11.0 | 1,862 | 241 | 1,140 | 369.7% |
| United Arab Emirates | 162 | 2,539 | 203 | 373 | 32.0% |
| Qatar | 80.0 | 375 | 42.0 | 176 | 30.1% |
| Saudi Arabia | 67.0 | 331 | 39.0 | 172 | 36.9% |
| Nepal | N/A | N/A | 26.0 | 50.0 | 92.3% |
| Others | 27.0 | 48.0 | 5.0 | 18.0 | -12.6% |
| Total | 347 | 5,155 | 556 | 1,929 | 77.1% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Kuwait in 2022:
- Switzerland (83.0 units)
- United Arab Emirates (51.0 units)
- Saudi Arabia (33.0 units)
- Qatar (6.0 units)
- Nepal (5.0 units)
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