Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait - 2022

Contents:

  1. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait (CIF) - 2022
  2. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait (FOB) - 2022
  3. Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait
  4. Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait (CIF) - 2022

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $13 per unit in 2022, reducing by -28.9% against the previous year. Overall, the import price, however, showed a temperate increase. The most prominent rate of growth was recorded in 2020 an increase of 281% against the previous year. As a result, import price reached the peak level of $95 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 Switzerland ($65 per unit), while the price for China stood at $6.3 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait (FOB) - 2022

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $29,420 per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded significant growth. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for Switzerland amounted to -29.2% per year.

Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait

In 2022, approx. 3.1K units of watch cases; of base metal, whether or not gold-plated or silver-plated were imported into Kuwait; falling by -12.8% compared with 2021 figures. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 3,381% against the previous year. As a result, imports attained the peak of 3.6K units, and then declined in the following year.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated fell markedly to $40K in 2022. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 562% against the previous year. As a result, imports reached the peak of $64K, and then shrank dramatically in the following year.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.80.215.918.29.7%
Switzerland3.10.69.515.169.5%
Hong Kong SAR0.60.24.1N/A161.4%
Germany2.00.11.2N/A-22.5%
United Arab Emirates2.10.616.1N/A176.9%
Others5.88.017.66.64.4%
Total27.59.764.439.913.2%

Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Kuwait in 2022:

  1. China (2.9K units)
  2. Switzerland (0.2K units)

Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait

In 2022, approx. 1 units of watch cases; of base metal, whether or not gold-plated or silver-plated were exported from Kuwait; approximately equating the previous year's figure. Overall, exports saw a sharp slump. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs at 8 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated totaled $29K in 2022. Over the period under review, exports recorded a precipitous shrinkage. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs at $59K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Kuwait (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Switzerland58.8N/A0.2-94.2%
OthersN/AN/A29.30%
Total58.8N/A29.4-29.3%

Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Kuwait in 2022:

  1. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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