Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bahrain - 2022

Contents:

  1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bahrain (CIF) - 2022
  2. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bahrain

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bahrain (CIF) - 2022

The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $350 per unit in 2022, surging by 4.5% against the previous year. Over the period under review, the import price saw significant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 1,217%. As a result, import price attained the peak level of $752 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($354 per unit), while the price for Switzerland amounted to $350 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+61.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bahrain

In 2022, purchases abroad of watch movements; complete and assembled, not automatic winding or electrically operateds decreased by -54.6% to 54 units, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 467%. As a result, imports reached the peak of 136 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds fell sharply to $19K in 2022. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 1,319%. Over the period under review, imports of attained the peak figure at $40K in 2021, and then dropped remarkably in the following year.

Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland0.230.623.416.1331.8%
China0.10.91.02.8203.7%
United States1.50.12.4N/A26.5%
United Arab Emirates0.13.77.5N/A766.0%
PakistanN/AN/A2.7N/A0%
Others0.81.92.8N/A87.1%
Total2.637.139.918.993.7%

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Bahrain in 2022:

  1. Switzerland (46.0 units)
  2. China (8.0 units)

Source: IndexBox Market Intelligence Platform

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