Price for Clock Movements; Complete and Assembled, Electrically Operated in Kuwait - 2022

Contents:

  1. Price for Clock Movements; Complete and Assembled, Electrically Operated in Kuwait (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled, Electrically Operated in Kuwait (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled, Electrically Operated in Kuwait
  4. Exports of Clock Movements; Complete and Assembled, Electrically Operated in Kuwait

Price for Clock Movements; Complete and Assembled, Electrically Operated in Kuwait (CIF) - 2022

The average import price for clock movements; complete and assembled, electrically operateds stood at $29 per unit in 2022, dropping by -4.9% against the previous year. Overall, the import price, however, saw resilient growth. The pace of growth was the most pronounced in 2020 an increase of 175% against the previous year. As a result, import price attained the peak level of $32 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($353 per unit), while the price for China totaled $26 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+39.9%).

Price for Clock Movements; Complete and Assembled, Electrically Operated in Kuwait (FOB) - 2022

In 2021, the average export price for clock movements; complete and assembled, electrically operateds amounted to $132 per unit, therefore, remained relatively stable against the previous year. In general, the export price continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2014 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to +146.5% per year.

Imports of Clock Movements; Complete and Assembled, Electrically Operated in Kuwait

In 2022, after two years of decline, there was significant growth in purchases abroad of clock movements; complete and assembled, electrically operateds, when their volume increased by 93% to 605 units. In general, imports, however, showed a dramatic curtailment. Imports peaked at 2.4K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of clock movements; complete and assembled, electrically operateds surged to $18K in 2022. Overall, imports, however, recorded a abrupt descent. Imports peaked at $29K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.17.23.715.5437.2%
Germany8.60.40.31.4-45.4%
India1.31.21.6N/A10.9%
United Arab Emirates16.53.50.3N/A-86.5%
Bangladesh0.11.60.7N/A164.6%
Others1.97.13.10.9-22.0%
Total28.621.09.717.8-14.6%

Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Kuwait in 2022:

  1. China (599.0 units)
  2. Germany (4.0 units)

Exports of Clock Movements; Complete and Assembled, Electrically Operated in Kuwait

In 2022, after two years of decline, there was significant decline in shipments abroad of clock movements; complete and assembled, electrically operateds, when their volume decreased by 99.9% to less than 0.1 units. Overall, exports saw a sharp downturn. The exports peaked at 2.8K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clock movements; complete and assembled, electrically operateds fell significantly to $91 in 2022. In general, exports showed a sharp slump. The exports peaked at $76K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Kuwait (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab Emirates3.8N/A0.1-83.8%
Germany22.0N/AN/A0%
United Kingdom2.2N/AN/A0%
Saudi Arabia30.2N/AN/A0%
Bahrain6.3N/AN/A0%
Others11.2N/AN/A0%
Total75.7N/A0.1-96.4%

Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Kuwait in 2022:

  1. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

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