Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kuwait - 2022
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kuwait (CIF) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kuwait
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kuwait (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $33 per unit, standing approx. at the previous year. In general, the import price continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 65%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($269 per unit), while the price for China ($5.6 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+28.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kuwait
In 2022, supplies from abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by 0% to 2.1K units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 88% against the previous year. As a result, imports reached the peak of 7.2K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $68K in 2022. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 89%. As a result, imports reached the peak of $74K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2.0 | 24.9 | N/A | 36.0 | 162.1% |
| Vietnam | 2.6 | 6.0 | N/A | 21.7 | 102.8% |
| Malaysia | N/A | N/A | N/A | 6.4 | 0% |
| China | 11.6 | 20.4 | N/A | 3.0 | -36.3% |
| United Arab Emirates | 13.9 | 0.4 | N/A | N/A | -97.1% |
| Netherlands | 2.5 | 2.8 | N/A | N/A | 12.0% |
| Others | 6.6 | 19.9 | N/A | 0.5 | -57.7% |
| Total | 39.3 | 74.3 | N/A | 67.6 | 19.8% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Kuwait in 2022:
- Vietnam (1068.0 units)
- China (532.0 units)
- Malaysia (317.0 units)
- Switzerland (134.0 units)
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