Report MENA - Watch Straps, Bands and Bracelets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 23, 2023

MENA - Watch Straps, Bands and Bracelets - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

MENA: Bracelet Market 2023

Bracelet Market Size in MENA

The MENA's bracelet market declined to $X in 2021, standing approx. at the previous year. Overall, consumption, however, showed a deep setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Bracelet Production in MENA

In value terms, bracelet production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a deep contraction. The pace of growth appeared the most rapid in 2020 when the production volume increased by 2.8% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Bracelet Exports

Exports in MENA

For the third year in a row, MENA recorded growth in shipments abroad of watch straps, bands and bracelets, which increased by 6% to X tons in 2021. In general, exports saw a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 138% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, bracelet exports surged to $X in 2021. Overall, exports, however, continue to indicate a pronounced reduction. The growth pace was the most rapid in 2018 when exports increased by 42%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) and Turkey (X tons) represented the major exporters of watch straps, bands and bracelets in 2021, amounting to near 46% and 33% of total exports, respectively. It was distantly followed by Tunisia (X tons) and Oman (X tons), together generating a 19% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Oman (with a CAGR of +42.6%), while the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X) remains the largest bracelet supplier in MENA, comprising 80% of total exports. The second position in the ranking was taken by Turkey ($X), with a 9.4% share of total exports. It was followed by the United Arab Emirates, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Tunisia totaled -2.8%. In the other countries, the average annual rates were as follows: Turkey (+42.6% per year) and the United Arab Emirates (+18.3% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 156% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Tunisia ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+3.7%), while the other leaders experienced mixed trends in the export price figures.

Bracelet Imports

Imports in MENA

In 2021, the amount of watch straps, bands and bracelets imported in MENA surged to X tons, jumping by 64% against 2020 figures. Over the period under review, imports posted strong growth. The pace of growth was the most pronounced in 2014 with an increase of 105%. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, bracelet imports skyrocketed to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +54.6% against 2014 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X tons) and Turkey (X tons) represented the main importers of watch straps, bands and bracelets in 2021, reaching approx. 32% and 27% of total imports, respectively. Qatar (X tons) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by Israel (9%), Oman (4.7%) and Iran (4.6%). Egypt (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Qatar (with a CAGR of +39.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported watch straps, bands and bracelets in MENA, comprising 43% of total imports. The second position in the ranking was held by Turkey ($X), with a 17% share of total imports. It was followed by Israel, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates stood at +14.1%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+5.8% per year) and Israel (+5.7% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per ton, dropping by -19.9% against the previous year. In general, the import price showed a pronounced reduction. The growth pace was the most rapid in 2015 an increase of 47% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+8.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for watch straps, bands and bracelets in MENA?
+
The countries with the highest volumes of consumption in 2021 were Turkey, Iran and the United Arab Emirates, together comprising 47% of total consumption. Saudi Arabia, Egypt, Iraq, Algeria, Qatar, Syrian Arab Republic, Israel, Yemen and Morocco lagged somewhat behind, together comprising a further 45%.
What are the largest producers of watch straps, bands and bracelets in MENA?
+
The countries with the highest volumes of production in 2021 were Turkey, Iran and Saudi Arabia, together comprising 48% of total production. Algeria, Egypt, Iraq, Syrian Arab Republic, Yemen and the United Arab Emirates lagged somewhat behind, together accounting for a further 37%.
What are the leading exporters of watch straps, bands and bracelets in MENA?
+
In value terms, Tunisia remains the largest bracelet supplier in MENA, comprising 80% of total exports. The second position in the ranking was taken by Turkey, with a 9.4% share of total exports. It was followed by the United Arab Emirates, with an 8.1% share.
What are the leading importers of watch straps, bands and bracelets in MENA?
+
In value terms, the United Arab Emirates constitutes the largest market for imported watch straps, bands and bracelets in MENA, comprising 43% of total imports. The second position in the ranking was taken by Turkey, with a 17% share of total imports. It was followed by Israel, with a 9.3% share.
What is the average export price for watch straps, bands and bracelets in MENA?
+
In 2021, the export price in MENA amounted to $160,363 per ton, picking up by 11% against the previous year.
What is the average import price for watch straps, bands and bracelets in MENA?
+
The import price in MENA stood at $70,559 per ton in 2021, dropping by -19.9% against the previous year.

This report provides an in-depth analysis of the bracelet market in MENA. 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 15121300 - Watch straps, bands, bracelets and parts thereof (including of leather, composition leather or plastic, excluding of precious metal, metal or base metal clad/plated with precious metal)
Country coverage:
• Bahrain
• Djibouti
• Jordan
• Lebanon
• Palestine
• Syrian Arab Republic
• Tunisia
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in MENA, split by region and country
• Trade (exports and imports) in MENA
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Bahrain
• Djibouti
• Egypt
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Libya
• Morocco
• Oman
• Palestine
• Qatar
• Saudi Arabia
• Syrian Arab Republic
• Tunisia
• Turkey
• United Arab Emirates
• Yemen
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET

Biogas Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global biogas market.



Thursday, November 18th, 2021 @ 04:00 pm ET

Webinar: Global Cotton Yarn Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global cotton yarn market.



Thursday, April 8th, 2021 @ 04:00 pm ET