Peru - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic or Non-Precious Metal Watch in Peru - 2021
Contents:
- Price for Plastic or Non-Precious Metal Watch in Peru (CIF) - 2021
- Price for Plastic or Non-Precious Metal Watch in Peru (FOB) - 2022
- Imports of Plastic or Non-Precious Metal Watch in Peru
- Exports of Plastic or Non-Precious Metal Watch in Peru
Price for Plastic or Non-Precious Metal Watch in Peru (CIF) - 2021
In April 2020, the average import price for plastic or non-precious metal watches amounted to $7.3 per unit, declining by -16.3% against the previous month. Over the period under review, import price indicated buoyant growth from January 2020 to April 2020: its price increased at an average monthly rate of +11.3% over the last three months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2020 figures, plastic or non-precious metal watch import price increased by +37.7% against January 2020 indices. The pace of growth appeared the most rapid in March 2020 an increase of 51% month-to-month. As a result, import price attained the peak level of $8.7 per unit, and then reduced remarkably in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2020 to April 2020, the rate of growth in terms of prices for China amounted to +24.2% per month.
Price for Plastic or Non-Precious Metal Watch in Peru (FOB) - 2022
The average export price for plastic or non-precious metal watches stood at $43 per unit in 2022, rising by 8.2% against the previous year. Overall, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 196% against the previous year. The export price peaked at $54 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($231 per unit), while the average price for exports to the Dominican Republic ($8.2 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 the Philippines (+110.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plastic or Non-Precious Metal Watch in Peru
Plastic or non-precious metal watch imports into Peru reduced markedly to 2.4M units in 2022, waning by -28.8% compared with the year before. Overall, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 67%. Over the period under review, imports hit record highs at 4.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, plastic or non-precious metal watch imports reduced notably to $23M in 2022. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. Over the period under review, imports attained the maximum at $39M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Plastic or Non-Precious Metal Watch in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 5.0 | 6.5 | 6.2 | -8.9% |
| Switzerland | 12.2 | 2.6 | 5.4 | 4.8 | -26.7% |
| Hong Kong SAR | 4.9 | 3.7 | 5.8 | 4.4 | -3.5% |
| United States | 4.5 | 1.6 | 2.8 | 2.4 | -18.9% |
| Philippines | 2.7 | 1.3 | 2.5 | 2.1 | -8.0% |
| Others | 6.2 | 2.4 | 5.6 | 2.8 | -23.3% |
| Total | 38.7 | 16.7 | 28.7 | 22.7 | -16.3% |
Top Suppliers of Plastic or Non-Precious Metal Watch to Peru in 2022:
- Hong Kong SAR (1336.9K units)
- China (555.0K units)
- Philippines (293.5K units)
- United States (120.0K units)
- Switzerland (21.0K units)
Exports of Plastic or Non-Precious Metal Watch in Peru
Plastic or non-precious metal watch exports from Peru dropped to 17K units in 2022, falling by -13.3% against the year before. In general, exports showed a dramatic decline. The smallest decline of -0.8% was in 2021. Over the period under review, the exports hit record highs at 34K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, plastic or non-precious metal watch exports dropped to $711K in 2022. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports attained the peak figure at $981K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Plastic or Non-Precious Metal Watch in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 62.9 | 35.8 | 60.9 | 114 | 21.9% |
| Switzerland | 275 | 38.5 | 100 | 93.9 | -30.1% |
| Philippines | N/A | N/A | N/A | 79.9 | 0% |
| Colombia | 43.5 | 63.9 | 212 | 60.3 | 11.5% |
| Costa Rica | 35.7 | 30.7 | 24.8 | 26.3 | -9.7% |
| Ecuador | 41.3 | 19.1 | 49.2 | 24.3 | -16.2% |
| Guatemala | 31.9 | 54.1 | 23.4 | 14.2 | -23.6% |
| Dominican Republic | 0.5 | 5.9 | 1.9 | 6.0 | 128.9% |
| Others | 490 | 416 | 286 | 292 | -15.8% |
| Total | 981 | 664 | 758 | 711 | -10.2% |
Top Export Markets for Plastic or Non-Precious Metal Watch from Peru in 2022:
- Chile (7.4K units)
- Philippines (2.1K units)
- Colombia (1.6K units)
- Costa Rica (1.4K units)
- Dominican Republic (0.7K units)
- Ecuador (0.7K units)
- Switzerland (0.4K units)
- Guatemala (0.2K units)
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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