Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates - 2022
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $9.4 per unit, picking up by 89% against the previous year. In general, the import price recorded strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($16 per unit), while the price for India ($2.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $5.9 per unit, which is down by -30.3% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $9.6 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($18 per unit), while the average price for exports to Qatar ($5.1 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 Uzbekistan (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates
In 2022, approx. 420K units of clocks; wall clocks, battery, accumulator or mains powereds were imported into the United Arab Emirates; dropping by -74.4% compared with the previous year. In general, imports faced a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of 1.6M units, and then dropped sharply in the following year.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds contracted markedly to $4M in 2022. Overall, imports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of $8.2M, and then dropped significantly in the following year.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5,804 | 4,450 | 6,115 | 1,824 | -32.0% |
| Czech Republic | 0.6 | 10.3 | 7.3 | 364 | 746.5% |
| India | 169 | 116 | 173 | 133 | -7.7% |
| Germany | 162 | 78.2 | 136 | 122 | -9.0% |
| Italy | 6.0 | N/A | 290 | 59.3 | 114.6% |
| Poland | 3.0 | 0.8 | 2.4 | 58.9 | 169.8% |
| Belarus | N/A | N/A | 1.1 | 44.9 | 3981.8% |
| Others | 1,723 | 1,116 | 1,487 | 1,355 | -7.7% |
| Total | 7,867 | 5,772 | 8,211 | 3,962 | -20.4% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to the United Arab Emirates in 2022:
- China (256.3K units)
- India (54.2K units)
- Czech Republic (51.2K units)
- Italy (8.3K units)
- Poland (8.3K units)
- Germany (7.9K units)
- Belarus (6.3K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in shipments abroad of clocks; wall clocks, battery, accumulator or mains powereds, when their volume increased by 854% to 258K units. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds skyrocketed to $1.5M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | 37.2 | N/A | 220 | 143.2% |
| Oman | 149 | 176 | 85.9 | 188 | 8.1% |
| Kuwait | N/A | N/A | 4.6 | 150 | 3160.9% |
| China | N/A | N/A | N/A | 148 | 0% |
| Switzerland | 32.3 | 27.1 | 30.8 | 142 | 63.8% |
| Iraq | N/A | N/A | N/A | 114 | 0% |
| Qatar | N/A | N/A | N/A | 90.1 | 0% |
| Bahrain | N/A | 0.8 | N/A | 60.5 | 769.6% |
| Somalia | N/A | N/A | N/A | 45.0 | 0% |
| Maldives | 2.7 | N/A | 13.9 | 33.9 | 132.4% |
| Kazakhstan | N/A | 0.3 | N/A | 30.1 | 901.7% |
| Uzbekistan | 0.2 | N/A | 2.8 | 28.2 | 420.5% |
| Others | 90.4 | 20.7 | 90.6 | 270 | 44.0% |
| Total | 275 | 262 | 229 | 1,520 | 76.8% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from the United Arab Emirates in 2022:
- Saudi Arabia (43.2K units)
- Oman (37.0K units)
- China (29.0K units)
- Switzerland (27.9K units)
- Iraq (22.5K units)
- Qatar (17.7K units)
- Bahrain (11.9K units)
- Somalia (8.8K units)
- Kuwait (8.5K units)
- Maldives (6.7K units)
- Kazakhstan (5.9K units)
- Uzbekistan (5.5K units)
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