Price for Watch Movements; Complete and Assembled in Bahrain - 2022
Contents:
- Price for Watch Movements; Complete and Assembled in Bahrain (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Bahrain (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Bahrain
- Exports of Watch Movements; Complete and Assembled in Bahrain
Price for Watch Movements; Complete and Assembled in Bahrain (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembleds amounted to $57 per unit, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2013 an increase of 219%. Over the period under review, average import prices attained the maximum at $278 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($195 per unit), while the price for Belgium ($20 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+58.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled in Bahrain (FOB) - 2022
The average export price for watch movements; complete and assembleds stood at $216 per unit in 2022, picking up by 140% against the previous year. Overall, the export price continues to indicate notable growth. The most prominent rate of growth was recorded in 2021 an increase of 356% against the previous year. Over the period under review, the average export prices attained the peak figure at $267 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
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 Oman amounted to +408.2% per year.
Imports of Watch Movements; Complete and Assembled in Bahrain
In 2022, overseas purchases of watch movements; complete and assembleds decreased by -33.2% to 1.8K units, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 67% against the previous year. As a result, imports reached the peak of 3.9K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, watch movements; complete and assembled imports shrank notably to $103K in 2022. Overall, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 42%. Over the period under review, imports reached the peak figure at $152K in 2021, and then contracted markedly in the following year.
| Import of Watch Movements; Complete and Assembled in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 39.2 | 91.4 | 87.4 | 71.1 | 22.0% |
| China | 12.0 | 3.5 | 12.1 | 17.3 | 13.0% |
| United Kingdom | 5.5 | 7.1 | 7.7 | 13.3 | 34.2% |
| United Arab Emirates | 15.2 | 27.6 | 33.2 | N/A | 47.8% |
| Others | 26.4 | 9.7 | 12.1 | 1.2 | -64.3% |
| Total | 98.3 | 139 | 152 | 103 | 1.6% |
Top Suppliers of Watch Movements; Complete and Assembled to Bahrain in 2022:
- Switzerland (1470.0 units)
- United Kingdom (241.0 units)
- China (89.0 units)
Exports of Watch Movements; Complete and Assembled in Bahrain
In 2022, watch movements; complete and assembled exports from Bahrain soared to 262 units, growing by 394% against 2021 figures. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,225% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, watch movements; complete and assembled exports soared to $57K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 5,941% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Watch Movements; Complete and Assembled in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1.1 | 0.1 | 0.5 | 56.6 | 271.9% |
| United Arab Emirates | N/A | N/A | 0.7 | N/A | 0% |
| Oman | N/A | N/A | 3.3 | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 1.2 | 0.1 | 4.8 | 56.6 | 261.3% |
Top Export Markets for Watch Movements; Complete and Assembled from Bahrain in 2022:
- Switzerland (262.0 units)
419
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
419
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
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