Middle East: Watch Glasses Market 2020

Watch Glasses Market Size in Middle East

The revenue of the watch glasses market in Middle East amounted to $X in 2017, shrinking by -X% against the previous year. The watch glasses consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2016, when market value increased by X% year-to-year. In that year, the watch glasses market reached their peak level of $X, and then declined slightly in the following year.

Watch Glasses Production in Middle East

In 2017, approx. X units of clock or watch glasses and glasses for spectacles were produced in Middle East; going up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2008, with an increase of X% year-to-year. Over the period under review, the watch glasses production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Watch Glasses Exports in Middle East

In 2017, approx. X units of clock or watch glasses and glasses for spectacles were exported in Middle East; surging by X% against the previous year. The watch glasses exports continue to indicate a precipitous downturn. The growth pace was the most rapid in 2014, with an increase of X% year-to-year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, watch glasses exports stood at $X in 2017. The watch glasses exports continue to indicate an abrupt drop. Over the period under review, the watch glasses exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Watch Glasses Exports by Country in Middle East

In 2017, the United Arab Emirates (X units) represented the main exporter for clock or watch glasses and glasses for spectacles, constituting X% of total exports. Israel (X units) ranks second in terms of the global exports with a X% share, followed by Turkey (X%). Saudi Arabia (X units) and Oman (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Oman (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, the United Arab Emirates ($X) remains the largest watch glasses supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global exports. It was followed by Turkey, with a X% share.

In the United Arab Emirates, watch glasses exports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Saudi Arabia (-X% per year) and Turkey (-X% per year).

Watch Glasses Export Prices by Country in Middle East

In 2017, the watch glasses export price in Middle East amounted to $X per thousand units, going up by X% against the previous year. The watch glasses export price continues to indicate a prominent growth. The growth pace was the most rapid in 2016, when it surged by X% against the previous year. The level of export price peaked in 2017, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Saudi Arabia ($X per unit), while Oman ($X per thousand units) was amongst the lowest.

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

Watch Glasses Imports in Middle East

The imports amounted to X units in 2017, shrinking by -X% against the previous year. The watch glasses imports continue to indicate a moderate curtailment. The pace of growth was the most pronounced in 2014, when it surged by X% against the previous year. Over the period under review, the watch glasses imports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, watch glasses imports amounted to $X in 2017. The watch glasses imports continue to indicate a significant setback. In that year, the watch glasses imports attained their peak level of $X. From 2012 to 2017, growth of the watch glasses imports stood at a somewhat lower level.

Watch Glasses Imports by Country in Middle East

Turkey (X units), the United Arab Emirates (X units) and Saudi Arabia (X units) represented roughly X% of total imports of clock or watch glasses and glasses for spectacles in 2017. It was distantly followed by Israel (X units), constituting X% share of total imports. The following importers - Jordan (X units) and Kuwait (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest watch glasses markets worldwide were the United Arab Emirates ($X), Turkey ($X) and Israel ($X), together comprising X% of total imports. Saudi Arabia, Kuwait and Jordan lagged somewhat behind, together comprising a further X%.

Saudi Arabia (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced mixed trends in the imports figures.

Watch Glasses Import Prices by Country in Middle East

The watch glasses import price in Middle East stood at $X per thousand units in 2017, coming up by X% against the previous year. The watch glasses import price continues to indicate a mild downturn. The growth pace was the most rapid in 2009, an increase of X% against the previous year. In that year, the import prices for clock or watch glasses and glasses for spectacles reached their peak level of $X per thousand units. From 2010 to 2017, growth of the import prices for clock or watch glasses and glasses for spectacles failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Israel ($X per thousand units), while Jordan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Jordan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform