Price for Watches; Incomplete Movements, Assembled in Saudi Arabia - 2021

Contents:

  1. Price for Watches; Incomplete Movements, Assembled in Saudi Arabia (CIF) - 2022
  2. Price for Watches; Incomplete Movements, Assembled in Saudi Arabia (FOB) - 2022
  3. Imports of Watches; Incomplete Movements, Assembled in Saudi Arabia
  4. Exports of Watches; Incomplete Movements, Assembled in Saudi Arabia

Price for Watches; Incomplete Movements, Assembled in Saudi Arabia (CIF) - 2022

The average watches; incomplete movements, assembled import price stood at $9.2 per unit in 2022, picking up by 16% against the previous year. In general, the import price, however, saw a sharp decrease. The pace of growth appeared the most rapid in 2020 an increase of 1,819%. The import price peaked at $2,166 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($3,641 per unit), while the price for China ($1,875 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by China (-25.9%).

Price for Watches; Incomplete Movements, Assembled in Saudi Arabia (FOB) - 2022

Saudi Arabia has no trade partners to describe.

Imports of Watches; Incomplete Movements, Assembled in Saudi Arabia

In 2022, watches; incomplete movements, assembled imports into Saudi Arabia dropped remarkably to 2.9K units, with a decrease of -49.8% on 2021. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 24,063%. As a result, imports attained the peak of 5.8K units, and then contracted remarkably in the following year.

In value terms, watches; incomplete movements, assembled imports fell rapidly to $27K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 496% against the previous year. As a result, imports attained the peak of $46K, and then fell notably in the following year.

Import of Watches; Incomplete Movements, Assembled in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.1N/A29.813.348.0%
United KingdomN/AN/AN/A11.00%
NetherlandsN/AN/AN/A1.10%
OthersN/A7.716.01.3-58.9%
Total4.17.745.826.786.7%

Top Suppliers of Watches; Incomplete Movements, Assembled to Saudi Arabia in 2022:

  1. China (7.0 units)
  2. United Kingdom (3.0 units)
  3. Netherlands (1.0 units)

Exports of Watches; Incomplete Movements, Assembled in Saudi Arabia

In 2022, after two years of decline, there was decline in shipments abroad of watches; incomplete movements, assembleds, when their volume decreased by 0% to 1 units. Over the period under review, exports saw a significant curtailment. The smallest decline of -50% was in 2020. Over the period under review, the exports attained the peak figure at 2 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, watches; incomplete movements, assembled exports surged to $4.3K in 2022. Overall, exports showed a dramatic setback. Over the period under review, the exports reached the maximum at $8.9K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Watches; Incomplete Movements, Assembled in Saudi Arabia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United Kingdom2.6N/A0%
OthersN/A4.30%
Total2.64.365.4%

Top Export Markets for Watches; Incomplete Movements, Assembled from Saudi Arabia in 2022:

    Source: IndexBox Market Intelligence Platform

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