Price for Watches; Incomplete Movements, Assembled in the United Arab Emirates - 2021
Contents:
- Price for Watches; Incomplete Movements, Assembled in the United Arab Emirates (FOB) - 2022
- Price for Watches; Incomplete Movements, Assembled in the United Arab Emirates (CIF) - 2022
- Exports of Watches; Incomplete Movements, Assembled in the United Arab Emirates
- Imports of Watches; Incomplete Movements, Assembled in the United Arab Emirates
Price for Watches; Incomplete Movements, Assembled in the United Arab Emirates (FOB) - 2022
In 2022, the average watches; incomplete movements, assembled export price amounted to $88 per unit, rising by 13% against the previous year. Over the period under review, the export price showed a modest increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 110%. As a result, the export price attained the peak level of $130 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($272 per unit), while the average price for exports to Switzerland ($12 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 Bahrain (+13.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Watches; Incomplete Movements, Assembled in the United Arab Emirates (CIF) - 2022
The average watches; incomplete movements, assembled import price stood at $85 per unit in 2022, which is down by -68.8% against the previous year. Over the period under review, the import price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 260%. The import price peaked at $903 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 ($3,636 per unit), while the price for China ($32 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Watches; Incomplete Movements, Assembled in the United Arab Emirates
In 2022, approx. 7 units of watches; incomplete movements, assembleds were exported from the United Arab Emirates; rising by 17% against the previous year. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 350% against the previous year. As a result, the exports attained the peak of 9 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, watches; incomplete movements, assembled exports soared to $604 in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 329% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Watches; Incomplete Movements, Assembled in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 28.0 | 132 | 366 | 472 | 156.4% |
| Qatar | N/A | N/A | 80.0 | 104 | 30.0% |
| Switzerland | 17.0 | 47.0 | 10.0 | 13.0 | -8.6% |
| South Korea | N/A | 9.0 | N/A | N/A | 0% |
| Algeria | N/A | 49.0 | 2.0 | N/A | -95.9% |
| Czech Republic | N/A | 1.0 | N/A | N/A | 0% |
| Others | 31.0 | 88.0 | 31.0 | 15.0 | -21.5% |
| Total | 76.0 | 326 | 489 | 604 | 99.6% |
Top Export Markets for Watches; Incomplete Movements, Assembled from the United Arab Emirates in 2022:
- Hong Kong SAR (5.0 units)
- Switzerland (1.0 units)
- Qatar (1.0 units)
Imports of Watches; Incomplete Movements, Assembled in the United Arab Emirates
For the fourth consecutive year, the United Arab Emirates recorded growth in purchases abroad of watches; incomplete movements, assembleds, which increased by 189% to 130 units in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, watches; incomplete movements, assembled imports reduced to $11K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of $12K, and then shrank in the following year.
| Import of Watches; Incomplete Movements, Assembled in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.7 | 7.0 | 6.2 | 6.0 | 104.7% |
| China | 0.7 | 0.3 | 0.1 | 3.4 | 69.4% |
| Syrian Arab Republic | 0.6 | 0.5 | 0.3 | 0.3 | -20.6% |
| United States | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Germany | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Japan | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Others | 8.4 | 1.6 | 5.4 | 0.9 | -52.5% |
| Total | 10.9 | 9.7 | 12.3 | 11.0 | 0.3% |
Top Suppliers of Watches; Incomplete Movements, Assembled to the United Arab Emirates in 2022:
- China (105.0 units)
- United Kingdom (18.0 units)
- United States (2.0 units)
- Syrian Arab Republic (2.0 units)
- Germany (2.0 units)
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This report provides an in-depth analysis of the rough watch movements market in the United Arab Emirates.
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This report provides an in-depth analysis of the global rough watch movements market.
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This report provides an in-depth analysis of the rough watch movements market in the United Arab Emirates.
537
This report provides an in-depth analysis of the global rough watch movements market.
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