Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates - 2022

Contents:

  1. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates (CIF) - 2022
  2. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates (FOB) - 2022
  3. Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates
  4. Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates (CIF) - 2022

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $2.5 per unit in 2022, increasing by 39% against the previous year. Over the period under review, the import price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of 110% against the previous year. The import price peaked at $17 per unit in 2013; however, from 2014 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 Hong Kong SAR ($17 per unit), while the price for China ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+0.7%), while the prices for the other major suppliers experienced a decline.

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates (FOB) - 2022

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $77 per unit in 2022, jumping by 37% against the previous year. Over the period under review, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 350% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($64 per unit), while the average price for exports to Hong Kong SAR ($11 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 Oman (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates

In 2022, imports of watch cases; of base metal, whether or not gold-plated or silver-plated into the United Arab Emirates surged to 257K units, picking up by 78% on the previous year. In general, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 371% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated skyrocketed to $650K in 2022. Over the period under review, imports, however, saw a sharp downturn. Over the period under review, imports of reached the peak figure at $1.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16810.998.493.2-17.8%
Hong Kong SAR1,40539.284.35.7-84.1%
CanadaN/AN/AN/A4.60%
United StatesN/A182N/AN/A0%
Others17220379.654647.0%
Total1,745435262650-28.0%

Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to the United Arab Emirates in 2022:

  1. China (239.9K units)
  2. Canada (9.8K units)
  3. Hong Kong SAR (0.3K units)

Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates

After two years of decline, shipments abroad of watch cases; of base metal, whether or not gold-plated or silver-plated increased by 418% to 8.2K units in 2022. Overall, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated skyrocketed to $635K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland59.162.968.8518106.2%
Hong Kong SAR28.90.92.10.8-69.7%
Others3.07.318.5116238.2%
Total91.071.189.463591.1%

Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from the United Arab Emirates in 2022:

  1. Switzerland (8.1K units)
  2. Hong Kong SAR (0.1K units)

Source: IndexBox Market Intelligence Platform

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