Price for Clock or Watch Parts; Dials in Kuwait - 2021

Price for Clock or Watch Parts; Dials in Kuwait (CIF) - 2022

In 2022, the average import price for clock or watch parts; dialses amounted to $812 per unit, jumping by 67% against the previous year. Overall, the import price saw a noticeable expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 110% against the previous year. As a result, import price reached the peak level of $1,089 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 Switzerland ($904 per unit), while the price for Indonesia ($364 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+121.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Clock or Watch Parts; Dials in Kuwait

For the fourth year in a row, Kuwait recorded growth in overseas purchases of clock or watch parts; dialses, which increased by 181% to 388 units in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, clock or watch parts; dials imports soared to $315K in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clock or Watch Parts; Dials in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	36.3	26.4	51.1	282	98.1%
China	1.7	0.9	2.1	21.1	131.5%
Mauritius	0.7	0.8	2.7	4.8	90.0%
Germany	0.2	0.1	0.1	2.5	132.1%
Indonesia	N/A	N/A	0.3	2.2	633.3%
United Arab Emirates	4.4	20.2	8.3	N/A	37.3%
Others	3.3	21.0	2.6	2.3	-11.3%
Total	46.7	69.4	67.2	315	88.9%