Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain - 2022

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain (CIF) - 2022
  2. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain (FOB) - 2022
  3. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain
  4. Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain (CIF) - 2022

In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $1.8 per unit, reducing by -20.3% against the previous year. Over the period under review, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 262% against the previous year. As a result, import price attained the peak level of $36 per unit. From 2015 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 Hong Kong SAR ($5.6 per unit), while the price for China stood at $1.8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced a decline.

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain (FOB) - 2022

In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $3,191 per unit, surging by 350,718% against the previous year. Over the period under review, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +17.9% per year.

Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain

In 2022, approx. 154K units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were imported into Bahrain; jumping by 65% against the year before. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 429% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds soared to $280K in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 317% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China44.830.516827082.0%
Others24.420.645.410.4-24.7%
Total69.251.121328059.3%

Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Bahrain in 2022:

  1. China (153.2K units)

Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain

Exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from Bahrain declined dramatically to 1 units in 2022, falling by -99.7% compared with 2021 figures. Over the period under review, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 272%. Over the period under review, the exports of hit record highs at 1K units in 2019; afterwards, it flattened through to 2022.

In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $3.2K in 2022. Overall, exports, however, recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A3,1910%
Hong Kong SAR819135178N/A-53.4%
Czech Republic86.0N/AN/AN/A0%
Saudi Arabia41937.0124N/A-45.6%
Others55731.030.0N/A-76.8%
Total1,8812033323,19119.3%

Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Bahrain in 2022:

  1. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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