Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Argentina - 2023

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Argentina (CIF) - 2022
  2. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Argentina

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Argentina (CIF) - 2022

The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $49 per unit in 2022, growing by 888% against the previous year. Overall, the import price saw a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($50 per unit), while the price for Italy stood at $12 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+54.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Argentina

After three years of growth, supplies from abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -81.7% to 340 units in 2022. Over the period under review, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2020 when imports increased by 62%. Imports peaked at 1.9K units in 2021, and then declined significantly in the following year.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $17K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some 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.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.01.00.416.4154.1%
ItalyN/AN/AN/A0.10%
Hong Kong SAR3.44.32.6N/A-12.6%
Spain4.96.65.5N/A5.9%
Taiwan (Chinese)4.40.80.4N/A-69.8%
Others0.30.40.3N/A0.0%
Total14.113.09.216.55.4%

Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Argentina in 2022:

  1. China (332.0 units)
  2. Italy (8.0 units)

Source: IndexBox Market Intelligence Platform

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