Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Qatar - 2023

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Qatar (CIF) - 2022
  2. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Qatar

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Qatar (CIF) - 2022

In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $22 per unit, jumping by 51% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 102%. Over the period under review, average import prices hit record highs at $29 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($69 per unit), while the price for the United States ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced a decline.

Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Qatar

In 2022, approx. 56K units of clocks; wall clocks, battery, accumulator or mains powereds were imported into Qatar; dropping by -40.3% compared with the year before. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 114%. As a result, imports reached the peak of 93K units, and then shrank rapidly in the following year.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds dropped to $1.3M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year. As a result, imports reached the peak of $1.4M, and then dropped in the following year.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France11721747764176.3%
China336247518301-3.6%
Switzerland198148125104-19.3%
United States13873.121493.9-12.0%
Czech Republic32.740.638.381.135.4%
Others90.6N/A14.732.5-28.9%
Total9137261,3881,25411.2%

Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Qatar in 2022:

  1. France (32.1K units)
  2. China (10.3K units)
  3. United States (6.0K units)
  4. Czech Republic (5.2K units)
  5. Switzerland (1.5K units)

Source: IndexBox Market Intelligence Platform

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