Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Azerbaijan - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Azerbaijan (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Azerbaijan (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Azerbaijan
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Azerbaijan
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Azerbaijan (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $28 per unit in 2022, jumping by 18% against the previous year. In general, the import price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 839%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +1,452.8% per year.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Azerbaijan (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $44 per unit in 2022, growing by 50% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2017 to 2022, the rate of growth in terms of prices for Georgia amounted to +24.0% per year.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Azerbaijan
In 2022, approx. 3.6K units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were imported into Azerbaijan; with an increase of 229% compared with 2021. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds surged to $98K in 2022. Over the period under review, imports showed significant growth. 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 Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 1.4 | 10.7 | 97.4 | 333.0% |
| Spain | 6.0 | 3.3 | 3.8 | N/A | -20.4% |
| Russia | 0.2 | 0.7 | 1.3 | N/A | 155.0% |
| Turkey | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Others | 1.8 | 4.2 | 9.1 | 0.7 | -27.0% |
| Total | 9.4 | 9.7 | 25.3 | 98.1 | 118.5% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Azerbaijan in 2022:
- China (3.6K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Azerbaijan
In 2022, approx. 1 units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were exported from Azerbaijan; with a decrease of -66.7% against 2021. Overall, exports recorded a dramatic decline. The exports peaked at 3 units in 2021, and then shrank rapidly in the following year.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds dropped significantly to $44 in 2022. In general, exports continue to indicate a significant curtailment. Over the period under review, the exports of hit record highs at $88 in 2021, and then contracted sharply in the following year.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Georgia | 82.0 | 44.0 | -46.3% | ||
| Latvia | 5.0 | N/A | 0% | ||
| Israel | 1.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 88.0 | 44.0 | -50.0% | ||
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Azerbaijan in 2022:
- Georgia (1.0 units)
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