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

Contents:

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

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

The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $14 per unit in 2022, dropping by -33.7% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 51%. Over the period under review, average import prices hit record highs at $26 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($52 per unit), while the price for Sri Lanka amounted to $12 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.9%), while the prices for the other major suppliers experienced a decline.

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

Imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Ethiopia surged to 164 units in 2022, rising by 82% on 2021 figures. Overall, imports, however, recorded a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 500% against the previous year. Over the period under review, imports of hit record highs at 818 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds soared to $2.3K in 2022. In general, imports, however, saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 806% against the previous year. Over the period under review, imports of reached the maximum at $21K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri Lanka0.40.10.31.968.1%
China18.4N/A0.80.4-72.1%
United States0.6N/A0.3N/A-29.3%
United Arab Emirates1.10.1N/AN/A-90.9%
Others0.40.10.4N/A0.0%
Total20.80.21.92.3-52.0%

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

  1. Sri Lanka (157.0 units)
  2. China (7.0 units)

Source: IndexBox Market Intelligence Platform

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