Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Canada - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Canada (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Canada (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Canada
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Canada
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Canada (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $6.5 per unit in 2022, declining by -49.3% against the previous year. In general, the import price saw a deep downturn. The growth pace was the most rapid in 2016 an increase of 32%. The import price peaked at $20 per unit in 2017; however, from 2018 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 the United States ($146 per unit), while the price for China ($4.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Canada (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $7.3 per unit in 2022, picking up by 214% against the previous year. Overall, the export price recorded a notable expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 France ($19 per unit), while the average price for exports to the United States ($4 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 France (+9.9%), 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 Canada
Imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Canada soared to 649K units in 2022, jumping by 246% against the year before. Overall, imports posted a significant expansion. 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 $4.2M in 2022. Over the period under review, imports continue to indicate notable 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 Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 907 | 474 | 633 | 2,952 | 48.2% |
| United States | 1,915 | 1,255 | 1,018 | 791 | -25.5% |
| Italy | 12.9 | 0.6 | 52.9 | 115 | 107.3% |
| Others | 896 | 649 | 698 | 355 | -26.6% |
| Total | 3,730 | 2,379 | 2,402 | 4,212 | 4.1% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Canada in 2022:
- China (618.1K units)
- Italy (11.6K units)
- United States (5.4K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Canada
Exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from Canada declined to 49K units in 2022, dropping by -5.8% on the year before. Overall, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 34%. The exports peaked at 100K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $357K in 2022. Over the period under review, exports saw a noticeable decline. Over the period under review, the exports of hit record highs at $411K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 174 | 78.1 | 104 | 151 | -4.6% |
| Switzerland | 49.4 | 1.7 | 6.6 | 93.6 | 23.7% |
| France | 0.3 | N/A | N/A | 71.2 | 519.1% |
| United Kingdom | 33.0 | 0.1 | 7.1 | 19.0 | -16.8% |
| Hong Kong SAR | 144 | N/A | N/A | N/A | 0% |
| Others | 10.7 | 2.4 | 3.0 | 22.2 | 27.5% |
| Total | 411 | 82.4 | 121 | 357 | -4.6% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Canada in 2022:
- United States (38.1K units)
- Switzerland (4.9K units)
- France (3.7K units)
- United Kingdom (1.0K units)
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