Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica - 2022
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica (CIF) - 2022
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica (FOB) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica
- Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $18 per unit, picking up by 6.1% against the previous year. Overall, the import price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 54% against the previous year. Over the period under review, average import prices hit record highs at $21 per unit in 2018; however, from 2019 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 Hong Kong SAR ($43 per unit), while the price for China ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica (FOB) - 2022
The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $6.2 per unit in 2022, rising by 107% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2013 an increase of 236%. Over the period under review, the average export prices attained the maximum at $17 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6.4 per unit), while the average price for exports to Panama ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+86.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica
In 2022, the amount of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds imported into Costa Rica skyrocketed to 1.5K units, jumping by 21% against 2021. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds surged to $27K in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $27K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.5 | 8.5 | 6.7 | 11.4 | 27.5% |
| China | 11.5 | 4.4 | 4.8 | 11.0 | -1.5% |
| Guatemala | 0.1 | 0.4 | 0.5 | 3.5 | 227.1% |
| Hong Kong SAR | 4.9 | N/A | 0.1 | 0.2 | -65.6% |
| Peru | 1.8 | 2.5 | 1.3 | N/A | -15.0% |
| India | 1.7 | 3.5 | 2.6 | N/A | 23.7% |
| Mexico | N/A | 0.6 | 0.4 | N/A | -33.3% |
| Netherlands | 0.5 | 1.0 | 0.7 | N/A | 18.3% |
| Others | 1.4 | 3.1 | 3.8 | 0.7 | -20.6% |
| Total | 27.4 | 24.1 | 20.9 | 26.8 | -0.7% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Costa Rica in 2022:
- China (973.0 units)
- United States (335.0 units)
- Guatemala (128.0 units)
- Hong Kong SAR (5.0 units)
Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica
After two years of decline, overseas shipments of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds increased by 971% to 75 units in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $466 in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Costa Rica (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | 2.0 | 2.0 | 450 | 666.3% |
| El Salvador | 4.0 | 2.0 | 1.0 | 15.0 | 55.4% |
| Panama | 12.0 | 4.0 | 1.0 | 1.0 | -56.3% |
| Nicaragua | 51.0 | 31.0 | 15.0 | N/A | -45.8% |
| Others | 5.0 | 6.0 | 2.0 | N/A | -36.8% |
| Total | 73.0 | 45.0 | 21.0 | 466 | 85.5% |
Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Costa Rica in 2022:
- United States (70.0 units)
- El Salvador (4.0 units)
- Panama (1.0 units)
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