Kuwait - Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrecious Metal Watch Price in Kuwait - 2021
Contents:
- Precious Metal Watch Price in Kuwait (CIF) - 2022
- Precious Metal Watch Price in Kuwait (FOB) - 2022
- Precious Metal Watch Imports in Kuwait
- Precious Metal Watch Exports in Kuwait
Precious Metal Watch Price in Kuwait (CIF) - 2022
The average precious metal watch import price stood at $4,348 per unit in 2022, which is down by -14.6% against the previous year. Overall, the import price, however, showed prominent growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 100%. Over the period under review, average import prices attained the peak figure at $5,090 per unit in 2021, and then dropped in the following year.
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 the United Arab Emirates ($9,322 per unit), while the price for Japan ($142 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Precious Metal Watch Price in Kuwait (FOB) - 2022
The average precious metal watch export price stood at $3,398 per unit in 2022, jumping by 36% against the previous year. Overall, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 83%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($9,445 per unit), while the average price for exports to Bahrain ($46 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 the United Arab Emirates (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Precious Metal Watch Imports in Kuwait
In 2022, the amount of precious metal watches imported into Kuwait declined markedly to 14K units, reducing by -28.5% on the year before. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 58%. Over the period under review, imports attained the maximum at 22K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, precious metal watch imports contracted dramatically to $61M in 2022. Overall, imports saw a deep slump. The growth pace was the most rapid in 2021 when imports increased by 67%. As a result, imports attained the peak of $100M, and then contracted markedly in the following year.
| Import of Precious Metal Watch in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 73.1 | 53.7 | 80.5 | 40.7 | -17.7% |
| United Arab Emirates | 11.5 | 0.1 | 12.5 | 10.2 | -3.9% |
| United Kingdom | 5.8 | 0.6 | 1.6 | 2.8 | -21.6% |
| China | 3.6 | 1.7 | 0.3 | 1.6 | -23.7% |
| France | 0.1 | 0.1 | 0.3 | 0.6 | 81.7% |
| Germany | 0.1 | 0.1 | 0.4 | 0.5 | 71.0% |
| Italy | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
| Japan | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Hong Kong SAR | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 1.5 | 3.1 | 3.8 | 3.9 | 37.5% |
| Total | 96.1 | 59.7 | 99.8 | 61.0 | -14.1% |
Top Suppliers of Precious Metal Watch to Kuwait in 2022:
- Switzerland (5.5K units)
- China (3.0K units)
- United Arab Emirates (1.1K units)
- Japan (1.1K units)
- Italy (0.7K units)
- France (0.5K units)
- Germany (0.4K units)
- United Kingdom (0.2K units)
- Hong Kong SAR (0.2K units)
Precious Metal Watch Exports in Kuwait
In 2022, approx. 2.1K units of precious metal watches were exported from Kuwait; waning by -18.5% compared with the previous year's figure. Over the period under review, exports showed a sharp slump. The pace of growth appeared the most rapid in 2021 when exports increased by 55% against the previous year. Over the period under review, the exports reached the peak figure at 5.4K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, precious metal watch exports expanded sharply to $7.2M in 2022. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 70%. The exports peaked at $11M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Precious Metal Watch in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 4.8 | 1.4 | 2.7 | 2.6 | -18.5% |
| United Arab Emirates | 2.7 | 0.7 | 1.5 | 2.2 | -6.6% |
| Switzerland | 3.3 | 1.2 | 0.7 | 1.1 | -30.7% |
| United Kingdom | N/A | 0.4 | 1.1 | 1.0 | 58.1% |
| Qatar | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Singapore | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Bahrain | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Total | 11.2 | 3.8 | 6.5 | 7.2 | -13.7% |
Top Export Markets for Precious Metal Watch from Kuwait in 2022:
- Hong Kong SAR (1112.0 units)
- United Kingdom (287.0 units)
- United Arab Emirates (236.0 units)
- Singapore (156.0 units)
- Switzerland (131.0 units)
- Qatar (78.0 units)
- Bahrain (66.0 units)
This report provides an in-depth analysis of the precious metal watch market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521100 - Wrist-watches, pocket-watches, with case of precious metal or of metal clad with precious metal
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
53
This report provides an in-depth analysis of the precious metal watch market in Kuwait.
111
This report provides an in-depth analysis of the market for wrist-watches, pocket-watches, stop-watches and other watches; with case of precious metal or of metal clad with precious metal in Kuwait.
620
This report provides an in-depth analysis of the watch market in Kuwait.
118
This report provides an in-depth analysis of the market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china in Kuwait.
236
This report provides an in-depth analysis of the ethylene oxide market in Kuwait.
712
This report provides an in-depth analysis of the ginger market in Kuwait.
221
This report provides an in-depth analysis of the global precious metal watch market.
896
Global Clock Market Report 2018. This report provides an in-depth analysis of the global clocks market.
536
Global Clocks Market Report 2018. This report provides an in-depth analysis of the global clocks market.
2356
This report provides an in-depth analysis of the global watch market.
1377
In value terms, clock movements imports stood at $X in 2016. In general, clock movements imports continue to indicate a drastic decrease. Over the period under review, global clock movements imports...
921
In value terms, time switches imports amounted to $X in 2016. In general, time switches imports continue to indicate a pronounced decline. Global time switches import peaked of $X in 2008; howev...
1110
Global clock imports totaled X tons in 2016, rising by X% against the previous year figure. Overall, clock imports continue to indicate a moderate deduction. The pace of growth appeared the mo...
598
In value terms, instrument panel clocks and clocks of a similar type for vehicle imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from...
623
In value terms, time switches exports amounted to $X in 2016. Overall, time switches exports continue to indicate a abrupt reduction. Over the period under review, global time switches exports atta...
1076
In value terms, instrument panel clocks and clocks of a similar type for vehicle exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from...
779
Global clock exports totaled X tons in 2016, approximately mirroring the previous year level. Overall, clock exports continue to indicate a slight curtailment. The most prominent rate of growt...
1369
In value terms, clock movements exports totaled $X in 2016. In general, clock movements exports continue to indicate a significant drop. In that year, global clock movements exports reached its maxi...
612
In 2016, the global imports of clock stood at X tons, surging by X% against the previous year figure. Overall, clock imports continue to indicate a significant contraction. The pace of growth was ...
1002
In value terms, clocks exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noticeabl...
