Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain - 2022

Contents:

  1. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain (FOB) - 2022
  2. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain (CIF) - 2022
  3. Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain
  4. Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain (FOB) - 2022

In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $4,922 per unit, declining by -65.4% against the previous year. In general, the export price, however, recorded a strong increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 296% against the previous year. The export price peaked at $14,237 per unit in 2021, and then plummeted in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($14,582 per unit), while the average price for exports to Kuwait ($716 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 the United States (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain (CIF) - 2022

In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $1,456 per unit, shrinking by -3.4% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 151% against the previous year. The import price peaked at $1,506 per unit in 2021, and then fell in the following year.

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 ($3,347 per unit), while the price for China ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain

For the fourth consecutive year, Bahrain recorded growth in shipments abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, which increased by 1,378% to 19K units in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings soared to $95M in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR0.82.314.672.5349.2%
Singapore0.81.8N/A13.3155.2%
Switzerland1.80.50.43.524.8%
KuwaitN/AN/AN/A1.90%
United StatesN/A0.70.11.860.4%
JapanN/AN/AN/A0.90%
OthersN/A0.33.40.641.4%
Total3.45.518.594.6203.0%

Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Bahrain in 2022:

  1. Singapore (10.2K units)
  2. Hong Kong SAR (5.0K units)
  3. Kuwait (2.6K units)
  4. Switzerland (0.5K units)
  5. United States (0.3K units)
  6. Japan (0.3K units)

Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain

In 2022, approx. 50K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were imported into Bahrain; growing by 57% against the year before. Overall, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings skyrocketed to $72M in 2022. In general, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland39.531.140.871.321.8%
China0.30.20.30.410.1%
Japan0.20.10.10.314.5%
United Arab Emirates2.42.76.3N/A62.0%
OthersN/A0.10.20.4100.0%
Total42.434.247.672.419.5%

Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Bahrain in 2022:

  1. China (26.0K units)
  2. Switzerland (21.3K units)
  3. Japan (1.9K units)

Source: IndexBox Market Intelligence Platform

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