Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kenya - 2022
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kenya (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kenya (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kenya
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kenya
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kenya (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $9 per unit in 2022, falling by -23.7% against the previous year. In general, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 57%. The import price peaked at $36 per unit in 2013; however, from 2014 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 China ($25 per unit), while the price for India amounted to $1.8 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%).
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kenya (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $0.7 per unit, approximately equating the previous year. Over the period under review, the export price recorded a precipitous decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 764% against the previous year. Over the period under review, the average export prices hit record highs at $196 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Djibouti ($1.4 per unit), while the average price for exports to South Sudan stood at $0.2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+148.6%).
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kenya
Imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Kenya surged to 2.4K units in 2022, with an increase of 92% compared with 2021 figures. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 190%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds soared to $22K in 2022. In general, imports saw buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 115%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 3.9 | 9.9 | 16.9 | 54.3% |
| India | 0.2 | 0.1 | 1.5 | 3.1 | 149.3% |
| Mauritius | N/A | N/A | 0.4 | N/A | 0% |
| United Arab Emirates | 6.8 | 0.1 | 1.2 | N/A | -58.0% |
| Others | 2.7 | 2.9 | 2.0 | 1.9 | -11.1% |
| Total | 14.3 | 7.0 | 15.0 | 21.9 | 15.3% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Kenya in 2022:
- India (1723.0 units)
- China (685.0 units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kenya
For the third year in a row, Kenya recorded decline in overseas shipments of pocket watches and other watches, including stop-watches; battery or accumulator powereds, which decreased by 0% to 114 units in 2022. Over the period under review, exports posted a significant expansion. The smallest decline of -16.7% was in 2020. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $81 in 2022. In general, exports recorded a dramatic descent. The smallest decline of -7.1% was in 2020. Over the period under review, the exports of reached the peak figure at $3.2K 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 Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Djibouti | N/A | N/A | N/A | 67.0 | 0% |
| South Sudan | N/A | N/A | N/A | 14.0 | 0% |
| Nigeria | 973 | N/A | N/A | N/A | 0% |
| Slovakia | 1,658 | N/A | N/A | N/A | 0% |
| United States | N/A | 1,969 | N/A | N/A | 0% |
| Tanzania | N/A | 965 | N/A | N/A | 0% |
| Others | 527 | N/A | N/A | N/A | 0% |
| Total | 3,158 | 2,934 | N/A | 81.0 | -70.5% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Kenya in 2022:
- South Sudan (65.0 units)
- Djibouti (49.0 units)
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