Price for Watches; Incomplete Movements, Assembled in Kuwait - 2022
Contents:
- Price for Watches; Incomplete Movements, Assembled in Kuwait (CIF) - 2022
- Imports of Watches; Incomplete Movements, Assembled in Kuwait
Price for Watches; Incomplete Movements, Assembled in Kuwait (CIF) - 2022
In 2022, the average watches; incomplete movements, assembled import price amounted to $71 per unit, rising by 19% against the previous year. Overall, the import price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 82% against the previous year. The import price peaked at $348 per unit in 2014; however, from 2015 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 ($209 per unit), while the price for Japan ($32 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+99.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Watches; Incomplete Movements, Assembled in Kuwait
In 2022, approx. 8 units of watches; incomplete movements, assembleds were imported into Kuwait; picking up by 167% compared with the previous year. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 250%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, watches; incomplete movements, assembled imports surged to $605 in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 276% against the previous year. As a result, imports attained the peak of $1K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Watches; Incomplete Movements, Assembled in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 7.0 | 71.0 | 91.0 | 342 | 265.6% |
| Japan | 11.0 | 83.0 | 63.0 | 154 | 141.0% |
| China | 7.0 | 77.0 | 45.0 | 109 | 149.7% |
| United Kingdom | 121 | N/A | N/A | N/A | 0% |
| United States | N/A | 116 | N/A | N/A | 0% |
| Others | 121 | 657 | 7.0 | N/A | -75.9% |
| Total | 267 | 1,004 | 206 | 605 | 31.3% |
Top Suppliers of Watches; Incomplete Movements, Assembled to Kuwait in 2022:
- Japan (5.0 units)
- Switzerland (2.0 units)
- China (2.0 units)
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This report provides an in-depth analysis of the rough watch movements market in Kuwait.
537
This report provides an in-depth analysis of the global rough watch movements market.
405
This report provides an in-depth analysis of the rough watch movements market in Kuwait.
537
This report provides an in-depth analysis of the global rough watch movements market.
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