Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait - 2022
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait (CIF) - 2022
In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $827 per unit, jumping by 35% against the previous year. In general, the import price enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 an increase of 218% against the previous year. Over the period under review, average import prices reached the peak figure at $1,150 per unit in 2018; however, from 2019 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 Switzerland ($1,942 per unit), while the price for Thailand ($21 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $2,543 per unit, falling by -11.3% against the previous year. In general, the export price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 275% against the previous year. The export price peaked at $7,412 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($2,729 per unit), while the average price for exports to Qatar ($983 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait
In 2022, after three years of growth, there was significant decline in overseas purchases of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, when their volume decreased by -5.8% to 164K units. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 174%. As a result, imports attained the peak of 174K units, and then fell in the following year.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings surged to $136M in 2022. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 42.3 | 50.5 | 78.1 | 127 | 44.3% |
| China | 0.5 | 1.1 | 5.6 | 5.9 | 127.7% |
| France | N/A | 0.3 | 0.6 | 1.3 | 108.2% |
| Japan | 0.6 | 0.3 | 0.7 | 1.0 | 18.6% |
| Thailand | N/A | 0.1 | 0.5 | 0.1 | 0.0% |
| Others | 0.9 | 10.0 | 21.1 | 0.7 | -8.0% |
| Total | 44.2 | 62.3 | 107 | 136 | 45.4% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Kuwait in 2022:
- China (74.7K units)
- Switzerland (65.4K units)
- Japan (12.4K units)
- France (5.4K units)
- Thailand (4.6K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait
In 2022, approx. 2.4K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were exported from Kuwait; jumping by 223% compared with the year before. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings skyrocketed to $6.1M in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 517% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 67.6 | 37.7 | 4,840 | 746.2% |
| Switzerland | 312 | 1,072 | 429 | 1,023 | 48.6% |
| Qatar | N/A | N/A | 79.6 | 155 | 94.7% |
| Ireland | N/A | N/A | 977 | 43.7 | -95.5% |
| United Kingdom | N/A | 1,461 | 332 | N/A | -77.3% |
| Bahrain | 54.9 | N/A | 60.0 | N/A | 4.5% |
| Others | 65.5 | 67.9 | 204 | N/A | 76.5% |
| Total | 433 | 2,668 | 2,120 | 6,063 | 141.0% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Kuwait in 2022:
- United Arab Emirates (1824.0 units)
- Switzerland (386.0 units)
- Qatar (158.0 units)
- Ireland (16.0 units)
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