Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Costa Rica - 2022

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Costa Rica (CIF) - 2022
  2. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Costa Rica (FOB) - 2022
  3. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Costa Rica
  4. Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Costa Rica

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

The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $32 per unit in 2022, picking up by 68% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices hit record highs at $47 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 ($187 per unit), while the price for China ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Costa Rica (FOB) - 2022

In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $370 per unit, picking up by 147% against the previous year. Over the period under review, the export price posted a significant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 356% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +80.6% per year.

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

In 2022, the amount of pocket watches and other watches, including stop-watches; battery or accumulator powereds imported into Costa Rica soared to 1.9K units, with an increase of 885% against the year before. Over the period under review, imports, however, saw a deep setback. Over the period under review, imports of attained the peak figure at 3.9K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds soared to $62K in 2022. Overall, imports, however, continue to indicate a deep setback. Imports peaked at $108K in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.237.22.650.224.2%
United States29.437.10.111.4-27.1%
Mexico3.41.6N/A0.1-69.1%
Peru11.514.40.8N/A-73.6%
Others3.917.20.30.5-49.6%
Total74.41083.862.2-5.8%

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

  1. China (1852.0 units)
  2. United States (61.0 units)
  3. Mexico (4.0 units)

Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Costa Rica

In 2022, the amount of pocket watches and other watches, including stop-watches; battery or accumulator powereds exported from Costa Rica shrank sharply to 2 units, reducing by -60% against the previous year. In general, exports faced a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. Over the period under review, the exports of hit record highs at 6 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds dropped slightly to $740 in 2022. Overall, exports, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year. As a result, the exports attained the peak of $750, and then fell modestly in the following year.

Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States52.020.039.0740142.3%
Spain4.02.04.0N/A0.0%
NicaraguaN/AN/A40.0N/A0%
Panama643289667N/A1.8%
OthersN/A9.0N/AN/A0%
Total6993207507401.9%

Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Costa Rica in 2022:

  1. United States (2.0 units)

Source: IndexBox Market Intelligence Platform

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