Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates - 2022

Contents:

  1. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates (CIF) - 2022
  2. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates (FOB) - 2022
  3. Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates
  4. Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $6.2 per unit, surging by 22% against the previous year. Overall, the import price, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 56% against the previous year. The import price peaked at $29 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($60 per unit), while the price for China ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates (FOB) - 2022

The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $161 per unit in 2022, surging by 38% against the previous year. Over the period under review, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 527%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($224 per unit), while the average price for exports to Oman ($57 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 Saudi Arabia (+1,645.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates

In 2022, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds into the United Arab Emirates skyrocketed to 198K units, increasing by 346% against the previous year's figure. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds skyrocketed to $1.2M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.79.91.4629411.5%
Switzerland37.869.0121416122.4%
China10.95.916.5151140.2%
Kuwait135N/A8.0N/A-75.7%
Others19.785.379.938.024.5%
Total2081702271,23481.0%

Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to the United Arab Emirates in 2022:

  1. Switzerland (115.2K units)
  2. China (67.7K units)
  3. France (10.5K units)

Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates

In 2022, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds from the United Arab Emirates skyrocketed to 5.3K units, picking up by 34% compared with the previous year's figure. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds skyrocketed to $846K in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 340% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland2.4159441649546.7%
Saudi ArabiaN/AN/A2.31034378.3%
ChinaN/AN/AN/A60.30%
Kuwait2.5N/A0.221.7105.5%
Oman27.629.213.72.3-56.3%
Niger5.00.8N/AN/A-84.0%
Malta3.4N/AN/AN/A0%
Others3.97.92.710.338.2%
Total44.8197460846166.3%

Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from the United Arab Emirates in 2022:

  1. Switzerland (3587.0 units)
  2. Saudi Arabia (867.0 units)
  3. China (509.0 units)
  4. Kuwait (97.0 units)
  5. Oman (41.0 units)

Source: IndexBox Market Intelligence Platform

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