Bahrain - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bahrain - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights

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Price for Plastic or Non-Precious Metal Watch in Bahrain - 2022

Contents:

  1. Price for Plastic or Non-Precious Metal Watch in Bahrain (FOB) - 2022
  2. Price for Plastic or Non-Precious Metal Watch in Bahrain (CIF) - 2022
  3. Exports of Plastic or Non-Precious Metal Watch in Bahrain
  4. Imports of Plastic or Non-Precious Metal Watch in Bahrain

Price for Plastic or Non-Precious Metal Watch in Bahrain (FOB) - 2022

In 2022, the average export price for plastic or non-precious metal watches amounted to $1,489 per unit, growing by 221% against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 229% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,341 per unit), while the average price for exports to Saudi Arabia ($21 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 Japan (+246.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Plastic or Non-Precious Metal Watch in Bahrain (CIF) - 2022

In 2022, the average import price for plastic or non-precious metal watches amounted to $139 per unit, growing by 18% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic or non-precious metal watch import price decreased by -18.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39%. The import price peaked at $169 per unit in 2020; however, from 2021 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 ($2,164 per unit), while the price for China ($8.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Plastic or Non-Precious Metal Watch in Bahrain

In 2022, the amount of plastic or non-precious metal watches exported from Bahrain skyrocketed to 72K units, with an increase of 22% compared with the year before. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 115% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastic or non-precious metal watch exports skyrocketed to $107M in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Plastic or Non-Precious Metal Watch in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR2.212.918.175.4224.8%
Singapore5.42.22.817.247.1%
United StatesN/A0.70.15.4177.7%
Switzerland2.41.21.74.826.0%
KuwaitN/A0.10.11.9335.9%
United Arab EmiratesN/AN/AN/A1.10%
Japan0.60.20.50.914.5%
Free Zones0.80.2N/A0.2-37.0%
MalaysiaN/A0.10.3N/A200.0%
Others0.10.53.70.10.0%
Total11.518.227.3107110.3%

Top Export Markets for Plastic or Non-Precious Metal Watch from Bahrain in 2022:

  1. Hong Kong SAR (22.6K units)
  2. United States (19.5K units)
  3. Singapore (14.1K units)
  4. United Arab Emirates (6.0K units)
  5. Switzerland (3.5K units)
  6. Kuwait (2.6K units)
  7. Malaysia (1.8K units)
  8. Free Zones (0.5K units)
  9. Japan (0.3K units)

Imports of Plastic or Non-Precious Metal Watch in Bahrain

Plastic or non-precious metal watch imports into Bahrain surged to 676K units in 2022, with an increase of 20% against 2021 figures. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, plastic or non-precious metal watch imports surged to $94M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +90.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Plastic or Non-Precious Metal Watch in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland50.139.850.686.219.8%
China4.42.53.75.15.0%
India0.40.20.20.3-9.1%
Thailand0.20.20.40.314.5%
Hong Kong SAR0.30.20.2N/A-18.4%
United Arab Emirates5.75.59.6N/A29.8%
Others1.30.81.31.79.4%
Total62.449.166.093.814.6%

Top Suppliers of Plastic or Non-Precious Metal Watch to Bahrain in 2022:

  1. China (578.5K units)
  2. Switzerland (39.8K units)
  3. Thailand (25.7K units)
  4. India (14.9K units)
  5. Hong Kong SAR (1.9K units)
  6. United Arab Emirates (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for plastic or non-precious metal watch in Bahrain. 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 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches

Country coverage:

  • Bahrain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bahrain
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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