Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru - 2022
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $2.6 per unit in 2022, shrinking by -38% against the previous year. Over the period under review, the import price, however, enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 158%. As a result, import price attained the peak level of $4.4 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($59 per unit), while the price for China ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+311.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $4 per unit in 2022, growing by 29% against the previous year. Overall, the export price posted a temperate increase. The growth pace was the most rapid in 2020 an increase of 58% against the previous year. As a result, the export price reached the peak level of $4.8 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($4.3 per unit), while the average price for exports to Chile stood at $2.7 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru
In 2022, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Peru shrank significantly to 136K units, waning by -58.4% on 2021. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,700%. As a result, imports reached the peak of 328K units, and then reduced rapidly in the following year.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds fell dramatically to $352K in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,355% against the previous year. As a result, imports attained the peak of $1.4M, and then shrank markedly in the following year.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 80.4 | 26.9 | 468 | 210 | 37.7% |
| Hong Kong SAR | 12.6 | 13.7 | 42.8 | 111 | 106.5% |
| Philippines | N/A | N/A | 747 | 12.3 | -98.4% |
| Others | 21.5 | 15.0 | 108 | 18.2 | -5.4% |
| Total | 115 | 55.6 | 1,365 | 352 | 45.2% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Peru in 2022:
- China (111.3K units)
- Hong Kong SAR (23.7K units)
- Philippines (0.2K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru
In 2022, shipments abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by 21,011% to 1.9K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a precipitous decline. The exports peaked at 16K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $7.6K in 2022. In general, exports, however, faced a sharp reduction. The exports peaked at $48K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 28.6 | 7.1 | N/A | 6.3 | -39.6% |
| Chile | 7.1 | 1.6 | N/A | 1.2 | -44.7% |
| Colombia | 12.2 | 6.3 | N/A | N/A | -48.4% |
| Others | 0.6 | 0.2 | N/A | 0.1 | -45.0% |
| Total | 48.4 | 15.2 | N/A | 7.6 | -46.1% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Peru in 2022:
- Costa Rica (1456.0 units)
- Chile (442.0 units)
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