Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Morocco - 2022
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Morocco (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Morocco (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Morocco
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Morocco
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Morocco (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $1.5 per unit in 2022, which is down by -48.1% against the previous year. Over the period under review, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $4.3 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.3% per year.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Morocco (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $7.4 per unit in 2022, increasing by 62% against the previous year. In general, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 137%. As a result, the export price attained the peak level of $51 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($10 per unit), while the average price for exports to Cote d'Ivoire stood at $3.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-10.4%).
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Morocco
After two years of decline, overseas purchases of pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by 5.4% to 134K units in 2022. Over the period under review, imports, however, continue to indicate a sharp curtailment. Over the period under review, imports of hit record highs at 356K 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 shrank rapidly to $204K in 2022. In general, imports, however, recorded a sharp shrinkage. The smallest decline of -20.9% was in 2021. Over the period under review, imports of attained the maximum at $835K 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 Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 546 | 333 | 214 | 203 | -28.1% |
| Others | 289 | 139 | 159 | 1.5 | -82.7% |
| Total | 835 | 472 | 373 | 204 | -37.5% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Morocco in 2022:
- China (133.7K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Morocco
In 2022, after two years of decline, there was significant decline in shipments abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds, when their volume decreased by -69% to 100 units. Overall, exports, however, enjoyed a significant increase. The exports peaked at 323 units in 2021, and then dropped rapidly in the following year.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds fell markedly to $740 in 2022. Over the period under review, exports, however, recorded a significant expansion. The exports peaked at $1.5K in 2021, and then reduced remarkably in the following year.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.0 | N/A | 1,160 | 628 | 756.4% |
| Cote d'Ivoire | 1.0 | N/A | 191 | 110 | 379.1% |
| Cameroon | N/A | N/A | 7.0 | N/A | 0% |
| Others | 3.0 | N/A | 122 | 2.0 | -12.6% |
| Total | 5.0 | N/A | 1,480 | 740 | 429.0% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Morocco in 2022:
- Spain (62.0 units)
- Cote d'Ivoire (36.0 units)
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