Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Guatemala - 2022
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Guatemala (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Guatemala (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Guatemala
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Guatemala
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Guatemala (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $27 per unit, growing by 4.9% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by +79.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($64 per unit), while the price for Mexico ($6.2 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 (+11.0%), 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 Guatemala (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $23 per unit, dropping by -34.2% against the previous year. Overall, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 646% against the previous year. Over the period under review, the average export prices hit record highs at $40 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($79 per unit), while the average price for exports to Costa Rica ($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 Panama (+9.3%), while the prices for the other major destinations experienced a decline.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Guatemala
After two years of decline, supplies from abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by 70% to 7.9K units in 2022. Overall, imports, however, faced a deep setback. Imports peaked at 12K 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 skyrocketed to $211K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 79.7 | 54.4 | 19.9 | 97.0 | 6.8% |
Vietnam | 15.9 | 16.7 | 36.3 | 79.7 | 71.1% |
United States | 3.7 | 19.8 | 2.0 | 22.9 | 83.6% |
Thailand | 1.7 | 0.9 | 0.5 | 8.5 | 71.0% |
Mexico | 0.2 | 0.1 | 0.1 | 0.9 | 65.1% |
Hong Kong SAR | 48.7 | 29.6 | 26.5 | N/A | -26.2% |
South Korea | 6.4 | 5.7 | 7.4 | N/A | 7.5% |
Panama | 11.7 | 15.0 | 22.5 | N/A | 38.7% |
Others | 5.3 | 3.8 | 3.1 | 2.1 | -26.6% |
Total | 173 | 146 | 118 | 211 | 6.8% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Guatemala in 2022:
- China (3.8K units)
- Vietnam (3.2K units)
- United States (0.4K units)
- Thailand (0.3K units)
- Mexico (0.2K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Guatemala
In 2022, the amount of pocket watches and other watches, including stop-watches; battery or accumulator powereds exported from Guatemala shrank rapidly to 5 units, waning by -16.7% compared with the previous year. Over the period under review, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. Over the period under review, the exports of attained the maximum at 19 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 declined significantly to $113 in 2022. In general, exports faced a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 796%. Over the period under review, the exports of hit record highs at $654 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Guatemala (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 473 | 17.0 | 165 | 79.0 | -44.9% |
Honduras | 127 | 3.0 | 2.0 | 14.0 | -52.1% |
Nicaragua | 31.0 | 1.0 | 17.0 | 9.0 | -33.8% |
El Salvador | 5.0 | 1.0 | 14.0 | 7.0 | 11.9% |
Costa Rica | 18.0 | 1.0 | 8.0 | 4.0 | -39.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 654 | 23.0 | 206 | 113 | -44.3% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Guatemala in 2022:
- El Salvador (1.0 units)
- Nicaragua (1.0 units)
- Panama (1.0 units)
- Honduras (1.0 units)
- Costa Rica (1.0 units)
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