Middle East: Assembled Clock Movements Market 2020

Assembled Clock Movements Market Size in Middle East

The revenue of the assembled clock movements market in Middle East amounted to $X in 2017, increasing by X% against the previous year. The assembled clock movements consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. In that year, the assembled clock movements market reached their peak level, and is likely to continue its growth in the immediate term.

Assembled Clock Movements Production in Middle East

In 2017, approx. X units of clock movements, complete and assembled were produced in Middle East; remaining relatively unchanged against the previous year. The assembled clock movements production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. The volume of assembled clock movements production peaked in 2017, and is likely to continue its growth in the near future.

Assembled Clock Movements Exports in Middle East

In 2017, exports of clock movements, complete and assembled in Middle East totaled X units, leveling off at the previous year. The assembled clock movements exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017, with an increase of -X% against the previous year. Over the period under review, the assembled clock movements exports reached its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, assembled clock movements exports totaled $X in 2017. The assembled clock movements exports continue to indicate a drastic downturn. Over the period under review, the assembled clock movements exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Assembled Clock Movements Exports by Country in Middle East

Turkey prevails in assembled clock movements exports structure, amounting to X units, which was approx. X% of total exports in 2017. The United Arab Emirates (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Bahrain (X%) and Israel (X%). Kuwait (X units) and Iran (X units) held the slight share of total exports.

Exports from Turkey decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Iran (+X%) and Bahrain (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Israel (-X%), the United Arab Emirates (-X%) and Kuwait (-X%) illustrated a downward trend over the same period. While the share of Turkey (X%), Kuwait (X%), the United Arab Emirates (X%) and Israel (X%) increased significantly in terms of the global exports from 2007-2017, the share of Iran (-X%) and Bahrain (-X%) displayed negative dynamics.

In value terms, the largest assembled clock movements markets worldwide were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), with a combined X% share of total exports. Kuwait, Bahrain and Iran lagged somewhat behind, together comprising a further X%.

Iran (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Assembled Clock Movements Export Prices by Country in Middle East

The assembled clock movements export price in Middle East stood at $X per unit in 2017, surging by X% against the previous year. The assembled clock movements export price continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2016, when the export prices increased by X% year-to-year. Over the period under review, the export prices for clock movements, complete and assembled attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was the United Arab Emirates ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Israel (+X% per year), while the other leaders experienced more modest paces of growth.

Assembled Clock Movements Imports in Middle East

In 2017, the amount of clock movements, complete and assembled imported in Middle East totaled X units, picking up by X% against the previous year. The total imports indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. In that year, the assembled clock movements imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, assembled clock movements imports stood at $X in 2017. The assembled clock movements imports continue to indicate a relatively flat trend pattern. Over the period under review, the assembled clock movements imports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Assembled Clock Movements Imports by Country in Middle East

Turkey (X units) represented roughly X% of total imports of clock movements, complete and assembled in 2017.

Turkey was also the fastest growing in terms of the clock movements, complete and assembled imports, with a CAGR of +X% from 2007 to 2017. Turkey (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported clock movements, complete and assembled in Middle East.

From 2007 to 2017, the average annual rate of growth in terms of value in Turkey was relatively modest.

Assembled Clock Movements Import Prices by Country in Middle East

In 2017, the assembled clock movements import price in Middle East amounted to $X per thousand units, declining by -X% against the previous year. The assembled clock movements import price continues to indicate an abrupt drop. The pace of growth appeared the most rapid in 2013, an increase of X% against the previous year. The level of import price peaked of $X per thousand units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Turkey (-X% per year).

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Source: IndexBox Platform